NGX Trading Summary - Monday, November 4, 2024
The Nigerian Stock Exchange (NGX) saw a dynamic day of trading as follows:
1. Overall Trading Activity:
• Volume: 1.22 billion shares traded.
• Deals: 10,386 transactions.
• Value: NGN 14.23 billion.
• Compared to Friday’s session, there was a 38% increase in volume and an 18% increase in deals, but a 10% decline in turnover.
2. Market Performance:
• Market Capitalization: NGN 58.7 trillion.
• NGX All-Share Index (ASI): Declined by 524.04 points (0.54%), closing at 96,907.98. This marks a 1-week loss of 1.82% and a 4-week loss of 0.82%, although the year-to-date gain stands at 29.6%.
3. Top Gainers and Losers:
• Gainers:
• United Bank for Africa (UBA) led with a 10% rise to NGN 31.90 per share.
• John Holt and Eunisell Interlinked followed with increases of 10% and 9.96%, respectively.
• Losers:
• Caverton Offshore Support Group dropped 10% to NGN 1.80.
• Aradel Holdings and Oando each saw close to 10% declines.
4. Volume Leaders:
• Consolidated Hallmark Holdings traded the highest volume at 567 million shares.
• UBA, Sterling Bank, and Sovereign Trust Insurance were also actively traded with volumes of 241 million, 122 million, and 59.4 million, respectively.
The Nigerian Stock Exchange (NGX) saw a dynamic day of trading as follows:
1. Overall Trading Activity:
• Volume: 1.22 billion shares traded.
• Deals: 10,386 transactions.
• Value: NGN 14.23 billion.
• Compared to Friday’s session, there was a 38% increase in volume and an 18% increase in deals, but a 10% decline in turnover.
2. Market Performance:
• Market Capitalization: NGN 58.7 trillion.
• NGX All-Share Index (ASI): Declined by 524.04 points (0.54%), closing at 96,907.98. This marks a 1-week loss of 1.82% and a 4-week loss of 0.82%, although the year-to-date gain stands at 29.6%.
3. Top Gainers and Losers:
• Gainers:
• United Bank for Africa (UBA) led with a 10% rise to NGN 31.90 per share.
• John Holt and Eunisell Interlinked followed with increases of 10% and 9.96%, respectively.
• Losers:
• Caverton Offshore Support Group dropped 10% to NGN 1.80.
• Aradel Holdings and Oando each saw close to 10% declines.
4. Volume Leaders:
• Consolidated Hallmark Holdings traded the highest volume at 567 million shares.
• UBA, Sterling Bank, and Sovereign Trust Insurance were also actively traded with volumes of 241 million, 122 million, and 59.4 million, respectively.