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NGX TRADING SUMMARY FOR WEDNESDAY, MAY 29, 2024

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Olori Uwem

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NGX TRADING SUMMARY FOR WEDNESDAY, MAY 29, 2024

At the end of today's Nigerian Stock Exchange (NGX) trading session, 518,948,393 shares were traded in 7,781 deals, amounting to NGN 4,767,087,010.32. Compared to the previous day, this represents a 7% decline in volume, a 28% decline in turnover, and a 3% decline in deals. The market capitalization stands at NGN 55.9 trillion.

Key Details:
- Gainers: Abbey Mortgage Bank led with a 9.76% increase, closing at NGN 2.70 per share, followed by National Salt Company (+9.66%), FCMB Group (+9.63%), and International Breweries (+9.59%).
- Losers: International Energy Insurance dropped by 9.68% to NGN 1.40 per share, with Jaiz Bank (-6.52%), Tantalizers (-6%), and NPF Microfinance Bank (-5.88%) also losing value.
- Top Traded Volumes: Abbey Mortgage Bank (230 million shares), Access Holdings (81 million), United Bank for Africa (23.9 million), and FCMB Group (18.7 million).

Overall, 124 listed equities were traded, with 31 gaining and 15 losing.