ngx

NGX Trading Summary for Tuesday, January 21, 2025 At the close of trading on Tuesday, January 21, 2025, the Nigerian Exchange (NGX) recorded a total of 439.6 million shares exchanged in 13,087 deals, with a total market turnover of NGN 8.48 billion. This marked a 24% increase in trading volume...

NGX Market Report: Trading Activity Sees Volume Increase but Turnover Declines Overview of Monday’s Trading Session (January 20, 2025) The Nigerian Exchange (NGX) kicked off the new trading week with a total of 353.37 million shares exchanged in 13,891 deals, amounting to a market value of NGN...

Stock Market Faces Heavy Sell-Off, Loses N1.45 Trillion in One Week The Nigerian stock market took a significant hit last week, shedding N1.45 trillion in market capitalization as investor sentiment weakened. The All-Share Index (ASI) declined by 2.94%, closing at 102,353.68 points, while the...

NGX Market Report for Friday, January 17, 2025 At the close of trading on Friday, January 17, 2025, the Nigerian Exchange (NGX) recorded a total of 327.84 million shares traded in 11,905 deals, with a market value of NGN 11.81 billion. This represents a 30% decline in trading volume, a 20%...

NGX Trading Summary – Thursday, January 16, 2025 At the close of trading on the Nigerian Stock Exchange (NGX) today, a total of 467.16 million shares were traded in 12,336 deals, amounting to a total market value of ₦14.75 billion. Market Performance Overview Compared to the previous trading...

Beverage and Food Sectors Dominate NGX with Combined Market Cap of N10.84tn Detailed Breakdown of Market Activity Market Overview • A total of 17 companies across diverse sectors contributed to a combined market capitalization of N11.22tn on the Nigerian Stock Exchange (NGX). • Key...

NGX Trading Summary for Wednesday, January 15, 2025 Overall Market Performance • Total Volume Traded: 428,041,755 shares • Total Value of Trades: NGN 6,929,856,780.66 • Total Deals Executed: 12,098 • Market Capitalization: NGN 62.3 trillion Comparative Analysis (vs. Previous Trading...

Shareholders Urge Strategic Reforms to Boost Nigerian Stock Market Momentum Breaking Down the Key Highlights The Nigerian Exchange Limited (NGX) saw significant growth in 2024, with over ₦4 trillion in new listings driving market activity. Shareholders and market experts are now calling for...

NGX Trading Summary for Tuesday, January 14, 2025 The Nigerian Stock Exchange (NGX) experienced an active trading session today, with significant improvements in trading volumes and notable market movements. Below are the key highlights: Trading Activity Overview • Total Volume Traded...

NGX Trading Summary for Monday, January 13, 2025 The Nigerian Stock Exchange (NGX) began the week with a total of 505,798,202 shares traded in 14,259 deals, amounting to a market value of NGN 8,126,004,710.14. Comparison with Previous Trading Day (Friday, January 10, 2025) • Volume of Shares...

NGX Breaks Records with N12.2 Trillion Raised from Bonds & Listings in 2024! The Nigerian Exchange Limited (NGX) marked a significant milestone in 2024, recording a total of N12.17 trillion from Federal Government of Nigeria (FGN) bonds and corporate listings. Here’s a detailed breakdown...

Equity Market Soars as Investors Gain N1.14tn in One Week The Nigerian equity market recorded a strong performance last week as investors gained approximately N1.14 trillion, driven by bullish sentiments on the Nigerian Exchange Limited (NGX). Key Highlights: 1. Market Performance •...

NGX Trading Summary for Friday, January 10, 2025 Market Activity Overview • Total Shares Traded: 511,261,907 shares • Number of Deals: 12,877 • Market Value: NGN 9,667,028,300.27 • Market Capitalization: NGN 64.3 trillion Comparison with Previous Day (Thursday, January 9, 2025) •...

Nigerian Stock Exchange (NGX) 2024: A Year of Transformation and Milestones Hello Stock Market Enthusiasts. The year 2024 was a landmark one for the Nigerian Stock Exchange (NGX), showcasing remarkable growth, strategic listings, record-breaking performances, and resilience amidst economic...

Detailed Breakdown of NGX Trading Summary for Thursday, January 9, 2025 Market Activity Overview • Total Volume Traded: 489,525,129 shares. • Number of Deals: 13,010. • Market Value: NGN 13,068,723,544.20. • Market Capitalization: NGN 64.4 trillion. Comparative Analysis (vs...

Strengthening Local Governance Financing: SEC’s Borrowing Framework for LGAs and Corporates Introduction The Securities and Exchange Commission (SEC) is making strides to revolutionize Nigeria’s financial landscape by introducing a robust borrowing framework aimed at bolstering financial...

NGX Trading Summary for Wednesday, January 8, 2025 The Nigerian Stock Exchange (NGX) experienced a mixed trading session today. Below are the detailed highlights of the day’s activities: Market Overview • Total Shares Traded: 639,480,210 shares • Total Deals Executed: 13,550 • Market...

2025: A Transformative Year for Nigerian Banking – Recapitalisation, Mergers & Resilience The Nigerian banking sector is on the brink of significant transformation as the Central Bank of Nigeria (CBN) mandates new capital requirements for banks. With a March 2026 deadline, 2025 is shaping up...

N2.2 Trillion Boost: 11 Firms Tap Capital Market Amid Economic Challenges Details: In a bold move to navigate Nigeria’s challenging economic landscape, 11 listed companies raised over N2.2 trillion in fresh capital on the Nigerian Exchange Limited (NGX) in 2024. The funds, aimed at addressing...

NGX Trading Summary for Tuesday, January 7, 2025 Trading Activity Overview At the close of the day’s trading on the Nigerian Stock Exchange (NGX): • Shares Traded: 1,112,216,698 shares • Total Deals: 16,617 • Market Value: NGN 14.64 billion • Market Capitalization: NGN 63.1 trillion...