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    NGX Trading Summary for Wednesday, December 11, 2024

    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...
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    Bridging the Gap: NGX Chair Calls for More Nigerian Investors in the Capital Market

    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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    NGX Trading Summary for Tuesday, December 10, 2024

    NGX Trading Summary for Tuesday, December 10, 2024 • Total Market Activity: On December 10, 2024, the Nigerian Stock Exchange (NGX) saw significant activity with a total of 939,409,379 shares traded across 9,098 deals, valued at NGN 12.81 billion. This represents a 115% increase in...
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    NGX Trading Summary for Monday, December 9, 2024

    NGX Trading Summary for Monday, December 9, 2024 Here’s a breakdown of today’s performance on the Nigerian Stock Exchange (NGX): Trading Statistics • Volume Traded: 436,039,692 shares • Value of Trades: NGN 12,864,433,678.17 • Number of Deals: 9,489 • Market...
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    Geregu Power Shines as NGX’s “Most Compliant Listed Company” for 2023 ⚡

    Geregu Power Shines as NGX’s “Most Compliant Listed Company” for 2023 ⚡ Geregu Power Plc has been honored with the Most Compliant Listed Company Award by the Nigerian Exchange Limited (NGX) at its 2024 Made of Africa Awards. ✨ This prestigious accolade recognizes Geregu’s exemplary adherence to...
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    NGX Trading Summary for Friday, December 6, 2024

    NGX Trading Summary for Friday, December 6, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) for Friday, December 6, 2024, the market recorded significant activity with a total of 1.04 billion shares traded in 7,220 deals, amounting to a market value of NGN 17.46 billion...
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    NGX Trading Summary for Thursday, December 5, 2024

    NGX Trading Summary for Thursday, December 5, 2024 Key Trading Highlights: • Volume of Trades: A total of 722,998,242 shares were traded in the session. This marks a 39% increase in traded volume compared to Wednesday, December 4, 2024. • Market Value: The total value of shares...
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    Senate Advances Investment & Securities Bill 2024: Boost for Nigeria’s Capital Market

    Senate Advances Investment & Securities Bill 2024: Boost for Nigeria’s Capital Market Detailed Breakdown Key Highlights from the Bill’s Second Reading • The Investments and Securities Bill (ISB) 2024 successfully scaled its second reading in the Senate, marking a significant milestone...
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    NGX Trading Summary for Wednesday, December 4, 2024

    NGX Trading Summary for Wednesday, December 4, 2024 Market Performance Overview • Total Volume of Trades: 521.92 million shares • Total Deals Executed: 9,420 • Market Value of Trades: NGN 19.93 billion • Market Capitalization: NGN 59.5 trillion Day-on-Day...
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    NGX Trading Summary for Tuesday, December 3, 2024

    NGX Trading Summary for Tuesday, December 3, 2024 Market Activity • Total Volume Traded: 399,507,962 shares • Total Number of Deals: 9,403 • Market Value: NGN 9,203,925,126.16 • Market Capitalization: NGN 59.2 trillion Performance Compared to Previous Day •...
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    Top Stock Picks This Week: Beta Glass, Linkage Assurance, and Stanbic IBTC

    Top Stock Picks This Week: Beta Glass, Linkage Assurance, and Stanbic IBTC Detailed Breakdown: Market Overview Last week, the Nigerian stock market experienced a decline of 0.33%, primarily due to sell-offs in energy stocks, notably Eterna Oil. Despite this dip, the year-to-date return on...
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    NGX trading summary for Monday, December 2, 2024:

    NGX trading summary for Monday, December 2, 2024: Market Performance Overview 1. Trading Activity: • Volume of Shares: A total of 451,165,300 shares were traded. • Deals: These transactions were executed in 9,329 deals. • Turnover: The total market value of traded...
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    NGX’s Path to a $100 Billion Market Cap: Bold Moves Ahead

    NGX’s Path to a $100 Billion Market Cap: Bold Moves Ahead Breaking Down the Road to $100 Billion for NGX The Ambitious Journey In 2012, Oscar Onyema, then CEO of the Nigerian Stock Exchange (now NGX), set a bold $1 trillion market capitalisation target for 2016. Fast forward to 2024, the...
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    Detailed Breakdown of NGX Trading Summary for Wednesday, November 27, 2024

    Detailed Breakdown of NGX Trading Summary for Wednesday, November 27, 2024 Trading Volume and Value • Shares Traded: 822,462,284 shares exchanged hands across the Nigerian Stock Exchange (NGX). • Number of Deals: 9,385 transactions. • Total Turnover: NGN 10.29 billion...
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    NGX Trading Summary for Tuesday, November 26, 2024

    NGX Trading Summary for Tuesday, November 26, 2024 Market Performance Overview • Trading Volume: 552,110,061 shares were traded. • Number of Deals: 9,305 transactions were executed. • Total Market Value: NGN 8,031,310,614.56. • Market Capitalization: The total...
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    Domestic Transactions Soar to N3.73tn on NGX!

    Domestic Transactions Soar to N3.73tn on NGX! Market Activity Breakdown: Domestic transactions on the Nigerian Exchange (NGX) hit an impressive N3.73 trillion year-to-date in October, representing 83.35% of total market activity. October Insights: • Total Market Transactions...
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    NGX Trading Summary for Thursday, November 21, 2024

    NGX Trading Summary for Thursday, November 21, 2024 The Nigerian Stock Exchange (NGX) ended today’s trading session with notable improvements in key metrics compared to the previous day. Below is a breakdown of the trading activity: Key Trading Highlights • Total Volume Traded...
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    NGX Trading Summary for Wednesday, November 20, 2024

    NGX Trading Summary for Wednesday, November 20, 2024 Market Performance Overview • Total Trading Activity: • Volume: 370,517,716 shares traded. • Deals: 10,026 deals executed. • Value: NGN 8.45 billion. • Market Capitalization: NGN 59.5 trillion. •...
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    Understanding NGX’s New Rules on Large Trades: Implications for Trading Strategies

    Understanding NGX’s New Rules on Large Trades: Implications for Trading Strategies Introduction Hello Everyone . On Monday, November 18, 2024, the Nigerian Exchange Limited (NGX) unveiled proposed amendments aimed at tightening regulations on block divestments and large-volume trades. These...
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    NGX Trading Summary for Tuesday, November 19, 2024

    NGX Trading Summary for Tuesday, November 19, 2024 Today’s trading session on the Nigerian Stock Exchange (NGX) witnessed notable market activities, reflecting diverse investor sentiments. Here’s a detailed breakdown: Market Performance Highlights • Volume: A total of 333,948,810...