NGX TRADING SUMMARY FOR FRIDAY, SEPTEMBER 20, 2024
On the final trading day of the week at the Nigerian Stock Exchange (NGX), a total of 554,221,558 shares were traded in 8,670 deals, with a market value of NGN 10.12 billion. Compared to Thursday, September 19, this represents a 21% increase in volume and a 55% increase in turnover, although the number of deals declined by 12%.
The total market capitalization now stands at NGN 56.5 trillion.
Market Activity Breakdown:
118 equities participated in trading.
35 equities gained, while 21 equities declined.
Top Gainers:
Fidson Healthcare led with a 10% increase to close at NGN 15.95 per share.
Other top gainers include Meyer (+9.98%), Caverton Offshore (+9.82%), and PZ Cussons Nigeria (+9.81%).
Top Losers:
FBN Holdings saw the highest loss, dropping 9.98% to NGN 27.50 per share.
Other losers include Northern Nigeria Flour Mills (-9.96%), Nigeria Infrastructure Debt Fund (-9.93%), and Flour Mills Nigeria (-9.91%).
High Trading Volumes:
FBN Holdings led the volume with 152 million shares traded.
Japaul Gold (150m), Fidelity Bank (27.2m), and UAC of Nigeria (26m) followed closely.
All-Share Index Performance:
The NGX All-Share Index (ASI) rose by 0.25% (244.24 points) to close at 98,247.99.
The ASI reflects a 1.26% weekly gain, a 2.64% gain over the past 4 weeks, and a 31.39% year-to-date gain.
The next trading week will provide further insights as investors react to these market developments.
On the final trading day of the week at the Nigerian Stock Exchange (NGX), a total of 554,221,558 shares were traded in 8,670 deals, with a market value of NGN 10.12 billion. Compared to Thursday, September 19, this represents a 21% increase in volume and a 55% increase in turnover, although the number of deals declined by 12%.
The total market capitalization now stands at NGN 56.5 trillion.
Market Activity Breakdown:
118 equities participated in trading.
35 equities gained, while 21 equities declined.
Top Gainers:
Fidson Healthcare led with a 10% increase to close at NGN 15.95 per share.
Other top gainers include Meyer (+9.98%), Caverton Offshore (+9.82%), and PZ Cussons Nigeria (+9.81%).
Top Losers:
FBN Holdings saw the highest loss, dropping 9.98% to NGN 27.50 per share.
Other losers include Northern Nigeria Flour Mills (-9.96%), Nigeria Infrastructure Debt Fund (-9.93%), and Flour Mills Nigeria (-9.91%).
High Trading Volumes:
FBN Holdings led the volume with 152 million shares traded.
Japaul Gold (150m), Fidelity Bank (27.2m), and UAC of Nigeria (26m) followed closely.
All-Share Index Performance:
The NGX All-Share Index (ASI) rose by 0.25% (244.24 points) to close at 98,247.99.
The ASI reflects a 1.26% weekly gain, a 2.64% gain over the past 4 weeks, and a 31.39% year-to-date gain.
The next trading week will provide further insights as investors react to these market developments.