NGX TRADING SUMMARY FOR MONDAY, JULY 22, 2024
Market Overview:
On Monday, July 22, 2024, the Nigerian Stock Exchange (NGX) saw the trading of 335,704,787 shares across 8,760 deals, amounting to a market value of NGN 3,717,218,092.45. This represents a significant decline compared to the previous trading day (Friday, July 19), with a 44% drop in trading volume, a 59% decrease in turnover, and a 12% reduction in the number of deals. The current market capitalization stands at NGN 57 trillion.
Gainers:
- Tantalizers: +8.89%, closing at NGN 0.49 per share
- Livestock Feeds: +8.18%
- Neimeth International Pharma: +8.05%
- McNichols: +7.92%
Losers:
- Caverton Offshore Support Group: -9.68%, closing at NGN 1.40 per share
- Royal Exchange: -6.94%
- Veritas Kapital Assurance: -4.72%
- International Breweries: -4.42%
Volume Leaders:
- Ellah Lakes: 111 million shares
- Universal Insurance Company: 21.9 million shares
- United Capital: 20.1 million shares
- Veritas Kapital Assurance: 19.5 million shares
Market Overview:
On Monday, July 22, 2024, the Nigerian Stock Exchange (NGX) saw the trading of 335,704,787 shares across 8,760 deals, amounting to a market value of NGN 3,717,218,092.45. This represents a significant decline compared to the previous trading day (Friday, July 19), with a 44% drop in trading volume, a 59% decrease in turnover, and a 12% reduction in the number of deals. The current market capitalization stands at NGN 57 trillion.
Gainers:
- Tantalizers: +8.89%, closing at NGN 0.49 per share
- Livestock Feeds: +8.18%
- Neimeth International Pharma: +8.05%
- McNichols: +7.92%
Losers:
- Caverton Offshore Support Group: -9.68%, closing at NGN 1.40 per share
- Royal Exchange: -6.94%
- Veritas Kapital Assurance: -4.72%
- International Breweries: -4.42%
Volume Leaders:
- Ellah Lakes: 111 million shares
- Universal Insurance Company: 21.9 million shares
- United Capital: 20.1 million shares
- Veritas Kapital Assurance: 19.5 million shares