NGX TRADING SUMMARY FOR TUESDAY, SEPTEMBER 24, 2024:
Market Performance Overview:
Shares Traded: A total of 763,000,094 shares were traded on the NGX in 12,081 deals, with a market value of ₦11.78 billion.
Comparison with Previous Day:
Volume of traded shares increased by 86%.
Turnover improved by 114%.
The number of deals increased by 13%.
Market Capitalization: The current market capitalization of the Nigerian Stock Exchange is ₦56.6 trillion.
Gainers and Losers:
Top Gainers:
Nigeria Infrastructure Debt Fund: The stock led the gainers, appreciating by 9.94%, closing at ₦111.70 per share.
FBN Holdings: Increased by 9.93%.
Ellah Lakes: Gained 9.76%.
Fidelity Bank: Rose by 9.7%.
Top Losers:
Oando: Led the losers, with a 10% decline, closing at ₦72.00 per share.
Okomu Oil Palm: Decreased by 9.98%.
Caverton Offshore Support Group: Dropped by 9.88%.
Multiverse Mining & Exploration: Fell by 9.82%.
Volume Leaders:
Fidelity Bank: Had the highest volume of shares traded, with 126 million shares.
Transcorp Nigeria: Followed with 103 million shares.
United Bank for Africa (UBA): Traded 73.5 million shares.
Caverton Offshore Support Group: Recorded 43.7 million shares.
NGX All-Share Index (ASI) Performance:
The All-Share Index (ASI) increased by 181.99 points to close at 98,568.59, marking:
A 0.18% daily gain.
A 0.9% gain over the past week.
A 2.64% gain over the past month.
A significant 31.82% year-to-date growth.
This detailed analysis shows an overall positive trading session with improved volumes and turnover, supported by rising stocks like Fidelity Bank and strong index performance.
Market Performance Overview:
Shares Traded: A total of 763,000,094 shares were traded on the NGX in 12,081 deals, with a market value of ₦11.78 billion.
Comparison with Previous Day:
Volume of traded shares increased by 86%.
Turnover improved by 114%.
The number of deals increased by 13%.
Market Capitalization: The current market capitalization of the Nigerian Stock Exchange is ₦56.6 trillion.
Gainers and Losers:
Top Gainers:
Nigeria Infrastructure Debt Fund: The stock led the gainers, appreciating by 9.94%, closing at ₦111.70 per share.
FBN Holdings: Increased by 9.93%.
Ellah Lakes: Gained 9.76%.
Fidelity Bank: Rose by 9.7%.
Top Losers:
Oando: Led the losers, with a 10% decline, closing at ₦72.00 per share.
Okomu Oil Palm: Decreased by 9.98%.
Caverton Offshore Support Group: Dropped by 9.88%.
Multiverse Mining & Exploration: Fell by 9.82%.
Volume Leaders:
Fidelity Bank: Had the highest volume of shares traded, with 126 million shares.
Transcorp Nigeria: Followed with 103 million shares.
United Bank for Africa (UBA): Traded 73.5 million shares.
Caverton Offshore Support Group: Recorded 43.7 million shares.
NGX All-Share Index (ASI) Performance:
The All-Share Index (ASI) increased by 181.99 points to close at 98,568.59, marking:
A 0.18% daily gain.
A 0.9% gain over the past week.
A 2.64% gain over the past month.
A significant 31.82% year-to-date growth.
This detailed analysis shows an overall positive trading session with improved volumes and turnover, supported by rising stocks like Fidelity Bank and strong index performance.