ngx

NGX Launches Equity-Based Commodity Index and Announces Index Updates The Nigerian Exchange Limited (NGX) has unveiled a new market index, the Equity-Based Commodity Index, designed to track the performance of companies primarily operating in the energy, agriculture, mining, metals, and...

NGX Trading Summary for Thursday, January 2, 2025 Today’s trading session on the Nigerian Exchange (NGX) recorded significant activity, with 829,754,438 shares traded across 11,752 deals, amounting to a total market value of NGN 5,666,568,514.11. Key Comparisons to Previous Trading Session...

Investors Rush to Government Debt as Rising Rates Squeeze Corporates Nigerian Companies Face Funding Challenges in 2024 Investors in Nigeria have increasingly turned to government debt instruments, lured by high yields, leaving private firms struggling to secure funds in 2024. Here’s a...

NGX All-Share Index Surges 283.45% Since 2020! ✨ The Nigerian Exchange Limited (NGX) has achieved remarkable growth in the 2020s, recovering strongly from a challenging 2015–2019 period. Here’s a breakdown of the key highlights: Key Numbers • All-Share Index (ASI): Soared 283.45%...

Consumer Goods Giants Hit Milestone: N10 Trillion Market Cap ✨ Eleven major players in Nigeria’s consumer goods sector have reached a groundbreaking N10.1 trillion in market capitalization, according to the latest data from the Nigerian Exchange Limited (NGX) as of December 31, 2024. Here’s the...

NGX Trading Summary for Monday, December 30, 2024 Here is a detailed breakdown of the trading activity on the Nigerian Stock Exchange (NGX) for the first weekday of trading: Market Activity Overview • Total Volume Traded: 641,117,293 shares • Total Value Traded: NGN...

Nigerian Stock Market’s Remarkable 2024: Unlocking Growth Potential for 2025 The Nigerian stock market achieved an extraordinary 37% year-to-date (YTD) gain in 2024, marking it as one of Africa’s top-performing financial markets. However, sustaining this success in 2025 will require deliberate...

NGX Trading Summary for Friday, December 27, 2024 Market Performance Overview: At the close of trading on Friday, December 27, 2024, the Nigerian Stock Exchange (NGX) recorded a total of 443,732,608 shares traded across 12,551 deals, amounting to a market value of NGN 15.09 billion. This...

NGX Trading Summary for Monday, December 23, 2024 The Nigerian Stock Exchange (NGX) wrapped up the first trading day of the week with the following highlights: Market Overview • Total Volume Traded: 503,189,878 shares • Total Deals Executed: 12,490 • Market Value: NGN 16,271,901,608.63...

NGX Investors Earn Over N1 Trillion in 5 Days Amid Bullish Market Trend The Nigerian Exchange Limited (NGX) witnessed remarkable growth last week, delivering exceptional gains to investors and outpacing the nation’s inflation rate. Key Highlights: 1. Market Performance: • The NGX...

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 Breakdown of the NGX Trading Summary for Thursday, December 19, 2024 Market Activity Highlights: • Volume of Shares Traded: 400,443,918 shares • Number of Deals Executed: 10,255 • Total Market Value: NGN 17,055,653,638.29 • Market Capitalization: NGN 61.4 trillion Comparative...

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...

NGX Trading Summary for Wednesday, December 18, 2024 Key Highlights: • Total Trading Volume: 389,701,474 shares. • Number of Deals: 9,573. • Market Value: NGN 9,199,213,024.16. • Market Capitalization: NGN 60.9 trillion. • Comparison to Previous Day (Dec...

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...