stocks

NGX Trading Summary for Wednesday, October 23, 2024 Market Overview: • Total Volume Traded: 283,735,090 shares. • Number of Deals: 7,966. • Market Value: NGN 8,290,748,953.48. • Market Capitalization: NGN 60 trillion. Comparison to the Previous Day (October 22, 2024): • Volume...

NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 11, 2024 1. Overall Market Performance Volume Traded: 304,430,135 shares Deals: 6,950 Market Value: NGN 5.6 billion Compared to the previous day (Thursday, October 10, 2024), the volume increased by 10%, the market turnover improved by 20%, but the number...

NGX TRADING SUMMARY FOR FRIDAY, OCTOBER 4, 2024 Overall Market Activity: Shares Traded: 320.7 million shares were traded across the market. Deals: 8,763 deals were executed. Total Market Value: The total value of the traded shares amounted to NGN 6.02 billion. Comparisons: Volume: A 19%...

NGX TRADING SUMMARY FOR WEDNESDAY, OCTOBER 2, 2024: Trading Overview: Shares Traded: 425,764,914 shares were traded today. Number of Deals: 11,954 deals were executed. Total Value of Trades: NGN 8,450,869,335.47. Comparison with Previous Trading Day (September 30, 2024): Volume: Down by 27%...

NGX TRADING SUMMARY FOR THURSDAY, SEPTEMBER 5, 2024 Overall Trading Activity: - Total Shares Traded: 388,616,945 - Number of Deals: 9,897 - Market Value: NGN 9,565,141,073.18 - Market Capitalization: NGN 55.3 trillion Comparative Data: - Turnover Improvement: 17% increase from Wednesday...

STOCKS TO WATCH THIS WEEK BY PREMIUM TIMES Overview: The article provides a stock investment guide for the week, focusing on key stocks like Zenith Bank, C & I Leasing, Ecobank (ETI), Prestige Assurance, Ikeja Hotel, and Mutual Benefits Assurance. It highlights the performance and potential of...

LIVESTOCK FEEDS EARNINGS PER SHARE RISES TO 13-YEAR HIGH Main Points: 1. Earnings Performance: Livestock Feeds Plc achieved its highest earnings per share (EPS) in 13 years, with a dramatic increase of 1,064.8% to N14.56 in H1 2024 from N1.25 in H1 2023. 2. Financial Metrics: - Shares...

UNION BANK BEGINS RECAPITALISATION Summary: Union Bank of Nigeria has initiated a recapitalisation process, as disclosed by the Managing Director/CEO, Yetunde Oni, following the release of the bank's half-year financial results. This move aligns with the Central Bank of Nigeria's (CBN)...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 16, 2024: Trading Overview: - Total Volume: 348,952,726 shares - Total Value: NGN 7,464,902,951.30 - Total Deals: 7,677 - Market Capitalization: NGN 55.1 trillion Comparative Performance: - Volume: 29% increase compared to the previous trading day...

ADVOCATING TELECOM-CAPITAL MARKET COLLABORATION 1. Call for Synergy: - Industry Collaboration: Leaders from the telecommunications and financial sectors have advocated for a stronger partnership between Nigeria’s telecommunications industry and the capital market. This collaboration is seen...

The Nigerian stock market, as we know it today, began its journey with the founding of the Lagos Stock Exchange in 1961, later renamed the Nigerian Stock Exchange (NSE). However, to trace significant historical events that have influenced the modern Nigerian stock market, let's focus on an...

NGX TRADING SUMMARY FOR THURSDAY, AUGUST 15, 2024 Trading Overview - Total Shares Traded: 271,259,970 shares - Total Deals: 7,233 - Market Value: NGN 3,522,892,918.09 Comparative Analysis - Volume: Declined by 14% compared to Wednesday, August 14, 2024. - Turnover: Declined by 36% from the...

JULIUS BERGER’s SHARE PRICE PERFORMANCE AND FINANCIAL OVERVIEW 1. Share Price Movement: - Current Share Price (August 13, 2024): NGN 130.00 - Price Increase in Two Weeks: +34.02% - Previous Closing Price (End of July 2024): NGN 97.00 - Market Volume on August 13, 2024: 13.17...

NGX TRADING SUMMARY FOR TUESDAY, AUGUST 13, 2024 1. Trading Overview: - Total Shares Traded: 599,246,035 shares - Total Deals: 11,237 deals - Market Value: NGN 13,916,167,908.23 2. Performance Comparison: - Volume Improvement: 20% increase from the previous trading day (Monday...

DETAILED OVERVIEW OF THE GUINEA INSURANCE PLC FINANCIAL PERFORMANCE REPORT 1. Profit Surge: Guinea Insurance Plc reported a profit after tax of NGN 477.77 million for the year ending December 31, 2023. This represents a significant turnaround from a loss of NGN 83.27 million in the previous...

Quiz Questions: 1. What days of the week do we share an investment book and have a stock analysis? 2. As of August 2024, which company was recently awarded for its exceptional performance in the investment and securities trading sectors at the 2024 World Economic Magazine Awards and the...

NGX INVEST REDEFINES DIVIDEND DISTRIBUTION EFFICIENCY Overview: The Nigerian Exchange Group (NGX Group) has launched NGX Invest, a cutting-edge online platform designed to enhance the efficiency of dividend distribution and subscription for public offerings and rights in the Nigerian capital...

THE INITIATES PLC (TIP): STOCK ANALYSIS COMPANY OVERVIEW: The Initiates Plc (TIP) is a professional waste management company based in Port Harcourt, Nigeria. They provide waste management, industrial cleaning, and decontamination services to both private and public sectors. TIP is listed on...

NGX TRADING SUMMARY FOR TUESDAY, AUGUST 6, 2024 - Total Shares Traded: 449,210,428 shares - Total Deals: 9,381 deals - Market Value: NGN 6,735,228,795.73 Comparison with Previous Trading Day (Monday, August 5): - Volume Improvement: +39% - Turnover Improvement: +8% - Deals Decline: -4% Market...

NGX TRADING SUMMARY FOR FRIDAY, AUGUST 2, 2024 1. Trading Volume and Deals: - Total Shares Traded: 210,911,640 shares - Total Deals Executed: 6,603 deals - Market Value: NGN 3,951,265,893.94 2. Comparison with Previous Trading Day (Thursday, August 1, 2024): - Volume Decline: 63%...