NGX Trading Summary for Friday, December 6, 2024
At the close of trading on the Nigerian Stock Exchange (NGX) for Friday, December 6, 2024, the market recorded significant activity with a total of 1.04 billion shares traded in 7,220 deals, amounting to a market value of NGN 17.46 billion.
Performance Overview
• Trading Volume: Increased by 44% compared to the previous day (Thursday, December 5, 2024).
• Turnover (Value): Improved by 36%.
• Number of Deals: Declined by 15%.
• Market Capitalization: Closed at NGN 59.5 trillion.
Market Participants
Out of 125 listed equities traded:
• Gainers: 27 stocks.
• Losers: 21 stocks.
Top Gainers
1. Golden Guinea Breweries:
• Gained +9.98% to close at NGN 5.40/share.
2. Japaul Gold and Ventures:
• Gained +9.30%.
3. Sunu Assurances Nigeria:
• Gained +9.07%.
4. Sovereign Trust Insurance:
• Gained +7.69%.
Top Losers
1. Eterna:
• Declined by -4.62% to close at NGN 22.70/share.
2. Sterling Bank:
• Declined by -4.12%.
3. Consolidated Hallmark Holdings:
• Declined by -3.85%.
4. Prestige Assurance Company:
• Declined by -3.85%.
Most Active Stocks by Volume
1. Wema Bank:
• Recorded the highest traded volume with 472 million shares.
2. Fidelity Bank:
• Traded 252 million shares.
3. FCMB Group:
• Traded 45 million shares.
4. United Bank for Africa (UBA):
• Traded 42.3 million shares.
The session reflected improved investor participation in terms of volume and value, despite a slight decline in the number of deals. The NGX continues to showcase a mix of strong performances across various sectors.
At the close of trading on the Nigerian Stock Exchange (NGX) for Friday, December 6, 2024, the market recorded significant activity with a total of 1.04 billion shares traded in 7,220 deals, amounting to a market value of NGN 17.46 billion.
Performance Overview
• Trading Volume: Increased by 44% compared to the previous day (Thursday, December 5, 2024).
• Turnover (Value): Improved by 36%.
• Number of Deals: Declined by 15%.
• Market Capitalization: Closed at NGN 59.5 trillion.
Market Participants
Out of 125 listed equities traded:
• Gainers: 27 stocks.
• Losers: 21 stocks.
Top Gainers
1. Golden Guinea Breweries:
• Gained +9.98% to close at NGN 5.40/share.
2. Japaul Gold and Ventures:
• Gained +9.30%.
3. Sunu Assurances Nigeria:
• Gained +9.07%.
4. Sovereign Trust Insurance:
• Gained +7.69%.
Top Losers
1. Eterna:
• Declined by -4.62% to close at NGN 22.70/share.
2. Sterling Bank:
• Declined by -4.12%.
3. Consolidated Hallmark Holdings:
• Declined by -3.85%.
4. Prestige Assurance Company:
• Declined by -3.85%.
Most Active Stocks by Volume
1. Wema Bank:
• Recorded the highest traded volume with 472 million shares.
2. Fidelity Bank:
• Traded 252 million shares.
3. FCMB Group:
• Traded 45 million shares.
4. United Bank for Africa (UBA):
• Traded 42.3 million shares.
The session reflected improved investor participation in terms of volume and value, despite a slight decline in the number of deals. The NGX continues to showcase a mix of strong performances across various sectors.