ngx

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...

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...

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 •...

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...

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...

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...

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...

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...

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...

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...

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. •...

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...

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...

NGX Trading Summary for Monday, November 18, 2024 The Nigerian Stock Exchange (NGX) recorded an active trading session on the first weekday, with notable improvements in trading volume and deal count. Below are the key highlights: Market Performance Overview • Total Shares Traded...

Financial Stocks Dominate Nigerian Stock Market, Driving Over N20B Turnover in a Week! The Nigerian equities market experienced an active week, with three financial stocks taking center stage. Access Holdings Plc, United Capital Plc, and United Bank for Africa Plc (UBA) led trading activities...

Stricter Rules Proposed for Large Trades on NGX The Nigerian Exchange Limited (NGX) has introduced a proposal to tighten regulations on block divestments and large-volume trades to bolster market transparency and accountability. Key Changes in the Proposal 1. Lower Threshold for...

Foreign Investments Drop to Yearly Low: NGX Report Highlights Key Trends Key Highlights from the Report 1. Decline in Foreign Inflows • Foreign inflow into the Nigerian Exchange (NGX) hit its lowest point of the year, plummeting to ₦11.26bn in September 2024. • Despite...

NGX Trading Summary for Friday, November 15, 2024 Market Overview • Total Shares Traded: 295,191,438 • Number of Deals: 8,433 • Market Value: NGN 6,768,013,688.73 • Market Capitalization: NGN 59.2 trillion Comparison with Previous Trading Day (Thursday...

Nigerian Stock Exchange Trading Summary for Thursday, November 14, 2024 On Thursday, the Nigerian Stock Exchange (NGX) closed with a notable increase in trading activity. Here’s a detailed breakdown: Trading Volume and Value • Shares Traded: 291,534,428 shares • Number of...

Nigerian Stock Exchange Trading Summary for Wednesday, November 13, 2024 Overall Market Activity: On Wednesday, November 13, 2024, the Nigerian Stock Exchange (NGX) saw a trading volume of 247,014,560 shares across 8,305 deals, with a total market value of NGN 7.51 billion. This represents a...