NGX Trading Summary – Thursday, January 16, 2025

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Olori Uwem

Active Member
Mar 18, 2024
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NGX Trading Summary – Thursday, January 16, 2025

At the close of trading on the Nigerian Stock Exchange (NGX) today, a total of 467.16 million shares were traded in 12,336 deals, amounting to a total market value of ₦14.75 billion.

Market Performance Overview

Compared to the previous trading session on Wednesday, January 15, 2025, today’s market performance showed:

• 9% increase in total traded volume

• 113% surge in total turnover (value of shares traded)

• 2% improvement in the number of deals

The market capitalization of the NGX now stands at ₦62.3 trillion.

Market Breadth

A total of 125 listed equities were active in today’s session, with the market recording:

• 26 gainers

• 35 losers

Top Gainers

The best-performing stocks for the day were:

1. Northern Nigeria Flour Mills (NNFM): +10%, closing at ₦54.45 per share

2. Dangote Sugar Refinery: +9.91%

3. John Holt Plc: +9.8%

4. The Initiates Plc: +9.8%

Top Losers

On the losing side, the stocks that declined the most were:

1. Livestock Feeds: -10%, closing at ₦5.40 per share

2. Eunisell Interlinked: -9.97%

3. Neimeth International Pharmaceuticals: -9.83%

4. Regency Alliance Insurance: -9.33%

Most Traded Stocks (by Volume)

The stocks with the highest trading volumes were:

1. Guaranty Trust Holding Co. (GTCO): 65.1 million shares

2. Universal Insurance Company: 48.5 million shares

3. Fidelity Bank: 45.9 million shares

4. Access Holdings: 27.3 million shares

Overall, the market witnessed improved trading activity, with increased investor participation across key sectors.