NGX Trading Summary for Friday, January 24, 2025
The Nigerian Stock Exchange (NGX) closed the last trading day of the week with a total of 576.41 million shares traded in 11,546 deals, amounting to a market turnover of NGN 8.98 billion.
Market Performance Overview:
• Trading Volume: Increased by 48% compared to the previous trading day (Thursday, January 23).
• Market Turnover (Value of Shares Traded): Declined by 58% compared to Thursday.
• Number of Deals: Declined by 5% from the previous session.
• Market Capitalization: Stands at NGN 63.7 trillion.
Top Gainers:
A total of 34 stocks recorded price appreciation. The highest gainers were:
• Guinness Nigeria: +10%, closing at NGN 77.00 per share
• Chellarams: +10%
• SCOA Nigeria: +10%
• Transcorp Power: +7.96%
Top Losers:
23 stocks ended the session with price declines. The biggest losers were:
• Neimeth International Pharma: -9.88%, closing at NGN 3.10 per share
• John Holt: -9.78%
• International Energy Insurance: -9.74%
• Sovereign Trust Insurance: -9.4%
Most Actively Traded Stocks (by Volume):
• Secure Electronic Technology: 202 million shares
• Nigerian Breweries: 42.1 million shares
• Japaul Gold and Ventures: 34.6 million shares
• Access Holdings: 32.1 million shares
Overall, the market saw increased trading activity in terms of volume, although the total value of transactions declined significantly compared to the previous session.
The Nigerian Stock Exchange (NGX) closed the last trading day of the week with a total of 576.41 million shares traded in 11,546 deals, amounting to a market turnover of NGN 8.98 billion.
Market Performance Overview:
• Trading Volume: Increased by 48% compared to the previous trading day (Thursday, January 23).
• Market Turnover (Value of Shares Traded): Declined by 58% compared to Thursday.
• Number of Deals: Declined by 5% from the previous session.
• Market Capitalization: Stands at NGN 63.7 trillion.
Top Gainers:
A total of 34 stocks recorded price appreciation. The highest gainers were:
• Guinness Nigeria: +10%, closing at NGN 77.00 per share
• Chellarams: +10%
• SCOA Nigeria: +10%
• Transcorp Power: +7.96%
Top Losers:
23 stocks ended the session with price declines. The biggest losers were:
• Neimeth International Pharma: -9.88%, closing at NGN 3.10 per share
• John Holt: -9.78%
• International Energy Insurance: -9.74%
• Sovereign Trust Insurance: -9.4%
Most Actively Traded Stocks (by Volume):
• Secure Electronic Technology: 202 million shares
• Nigerian Breweries: 42.1 million shares
• Japaul Gold and Ventures: 34.6 million shares
• Access Holdings: 32.1 million shares
Overall, the market saw increased trading activity in terms of volume, although the total value of transactions declined significantly compared to the previous session.
