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NGX Trading Summary for Friday, December 20, 2024
The Nigerian Stock Exchange (NGX) wrapped up the final trading session of the week with notable market activities:
1. Market Performance Highlights:
• Shares Traded: A total of 513,564,045 shares were exchanged.
• Deals...
Detailed Stock Analysis of Juli Plc (NGX:JULI)
Company Overview
• Name: Juli Plc
• Ticker Symbol: JULI
• Exchange: Nigerian Stock Exchange (NGX)
• Date Listed: July 11, 1986
• Industry: Pharmaceutical and Consumer Goods
• Business Activities: Juli Plc is engaged in the sale of...
Top 5 Best-Performing Stocks on NGX in 2024
Overview:
2024 has been a rollercoaster year for investors on the Nigerian Exchange (NGX). The year began with a bang as the All-Share Index (ASI) hit a historic 100,000-point milestone in January. However, market challenges, including reactions to...
⚠️ Nigeria’s SEC to Sanction Companies for Failing to Publish Financial Results Online
Key Highlights:
1. New Directive:
The Securities and Exchange Commission (SEC) of Nigeria has warned all quoted companies to publish their periodic financial results on their websites alongside filing...
Foreign Portfolio Investments in Nigerian Stock Market Surge by 180.9%
Key Highlights:
1. FPI Growth:
Foreign Portfolio Investments (FPIs) inflows into the Nigerian stock market soared by 180.95%, reaching ₦344.30 billion in the first 10 months of 2024, compared to ₦122.55 billion in the...
Oil & Gas Boom: NGX Index Leads with 157.56% YtD Growth
The Oil & Gas sector has emerged as the best-performing index on the Nigerian Exchange (NGX) in 2024, outpacing other sectors like Banking and Consumer Goods. The sector’s performance has been fueled by significant federal government...
NGX Trading Summary for Tuesday, December 17, 2024
The Nigerian Stock Exchange (NGX) experienced an eventful trading day with a total of 477,880,829 shares exchanged in 9,578 deals, amounting to a market value of NGN 21.39 billion.
Key Highlights:
• Decline in Volume: Compared to...
Daily Market Report for December 16, 2024:
Market Performance
• NGX All-Share Index (NGXASI): The index increased by 0.55%, closing at 99,922.63, up from the previous close of 99,378.06.
• Year-to-Date (YTD) Returns: Now stand at an impressive 31.49%.
• Trading Volume...
How NGX Hit an N18.2 Trillion Growth Milestone Despite Headwinds
Market Overview
In the first 11 months of 2024, Nigeria’s stock market defied economic pressures, growing by an impressive N18.2 trillion. This reflects a 44.5% increase in market capitalization, which climbed from N40.918...
NGX Cracks Down: 3,792 Sanctions Issued Over 13 Years
Key Highlights
• The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on stockbroking firms between 2011 and 2023.
• 193 Rule Breaches: Violations include unauthorized share sales, misappropriation of...
Stock Market Update: Bullish Momentum Amid Portfolio Rebalancing ✨
The Nigerian stock market maintained its upward trend last week, buoyed by increased domestic and foreign investor inflows. The rally, ahead of the January effect—a period historically marked by positive performance—was driven...
DECEMBER’S TALE: KEY EVENTS THAT SHAPED THE NIGERIAN STOCK MARKET AND INSIGHTS FOR 2024
Introduction:
The month of December often evokes reflections and aspirations, but in the Nigerian stock market, it has consistently been a time of notable events and transformative developments. From the...
NGX Achieves N8.05tn Transactions in 22 Months
The Nigerian Exchange (NGX) recorded a remarkable N8.05tn in equity market transactions from January 2023 to October 2024, showcasing significant growth in trading activity. Here’s a detailed breakdown:
Domestic Investors Lead the Way
•...
NGX Trading Summary for Wednesday, December 11, 2024
Today’s trading session on the Nigerian Exchange Group (NGX) witnessed a significant decrease in trading activity compared to the previous day, with declines in volume, value, and the number of deals recorded:
• Volume Traded: 320.1...
Bridging the Gap: NGX Chair Calls for More Nigerian Investors in the Capital Market
Details:
The Chairman of the Nigerian Exchange Group Plc, Umaru Kwairanga, has expressed concern over the low participation of Nigerians in the capital market, calling the current investor numbers unacceptable...
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