ngx

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...

Nigerian Stock Exchange Trading Summary - November 12, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) today, 350.4 million shares were traded across 10,224 deals, totaling a market value of NGN 9.26 billion. This reflects an 18% increase in trading volume, a 23% increase in...

NGX Trading Summary for Monday, November 11, 2024 The Nigerian Stock Exchange (NGX) reported a significant amount of trading activity on Monday, November 11. Here’s a detailed breakdown: 1. Overall Market Performance: • Volume: 297.8 million shares were traded. • Deals: A total...

Nigerian Stock Exchange (NGX) Trading Summary for Friday, November 8, 2024 On the last trading day of the week, the Nigerian Stock Exchange (NGX) reported a total of 477.94 million shares traded across 9,015 deals, with a market value of NGN 9.06 billion. Key Comparisons with Previous Day’s...

Nigerian Stock Exchange (NGX) Trading Summary for Thursday, November 7, 2024 At the close of trading on the Nigerian Stock Exchange (NGX) today: • Volume: 628,362,034 shares were traded. • Deals: These trades were executed across 9,696 deals. • Value: The total market...

Nigerian Stock Exchange (NGX) Daily Market Summary – November 6, 2024 1. Trading Activity Overview: • Total Shares Traded: 418.4 million shares exchanged hands. • Total Deals Executed: 9,021 transactions. • Total Market Value: The day’s trades amounted to NGN...