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NGX TRADING SUMMARY FOR FRIDAY, MAY 31, 2024

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NGX TRADING SUMMARY FOR FRIDAY, MAY 31, 2024

At the close of trading on the Nigerian Stock Exchange (NGX) on May 31, 2024, a total of 433,997,592 shares valued at NGN 8,575,279,947.31 were traded in 8,525 deals. This marked a 40% increase in volume, a 58% increase in turnover, and a 21% increase in deals compared to the previous day. The market capitalization stood at NGN 56.2 trillion.

A total of 122 equities were traded, with 23 gainers and 15 losers. UPDC led the gainers with a 9.84% increase to NGN 1.34 per share. Other top gainers included International Energy Insurance (+9.74%), RT Briscoe (+9.09%), and Oando (+8.26%). On the losing side, C&I Leasing dropped 10% to NGN 2.97 per share, followed by FTN Cocoa Processors (-8.33%), Livestock Feeds (-6.78%), and Ellah Lakes (-5.36%).

Zenith Bank had the highest trading volume with 111 million shares, followed by Aiico Insurance (59.1 million), Access Holdings (43.4 million), and Fidelity Bank (36.2 million).