NGX TRADING SUMMARY FOR FRIDAY, JUNE 14, 2024
Overview:
On Friday, June 14, 2024, the Nigerian Stock Exchange (NGX) reported a total trading volume of 318,100,359 shares across 7,302 deals, amounting to a market value of NGN 4,950,009,398.24. Compared to the previous trading day (Thursday, June 13), this represents a significant decline: a 37% drop in trading volume, a 43% decrease in turnover, and a 25% reduction in the number of deals. The current market capitalization stands at NGN 56.5 trillion.
Market Performance:
- Total Volume: 318,100,359 shares
- Total Value: NGN 4,950,009,398.24
- Total Deals: 7,302
- Market Capitalization: NGN 56.5 trillion
Market Changes Compared to Previous Day:
- Volume: -37%
- Turnover: -43%
- Deals: -25%
Gainers and Losers:
- Gainers:
- Guinness Nigeria: +9.95%, closing at NGN 60.25 per share
- E-Tranzact International: +9.89%
- Unity Bank: +9.84%
- Regency Alliance Insurance: +9.3%
- Losers:
- Academy Press: -9.85%, closing at NGN 1.83 per share
- Computer Warehouse Group: -9.4%
- Prestige Assurance Company: -5.56%
- Industrial & Medical Gases: -4%
Notable Trades:
- Highest Volume:
- Sterling Bank: 42.3 million shares
- Zenith Bank: 28 million shares
- Fidelity Bank: 25.1 million shares
- Veritas Kapital Assurance: 20.3 million shares
Conclusion:
Despite the declines in volume, turnover, and deals compared to the previous day, the NGX saw active trading with 127 listed equities participating. The market had a balanced mix of gainers and losers, with Guinness Nigeria leading the gainers and Academy Press at the bottom among the losers. This trading summary provides a detailed overview of the market activities, highlighting significant movements and trends.
Overview:
On Friday, June 14, 2024, the Nigerian Stock Exchange (NGX) reported a total trading volume of 318,100,359 shares across 7,302 deals, amounting to a market value of NGN 4,950,009,398.24. Compared to the previous trading day (Thursday, June 13), this represents a significant decline: a 37% drop in trading volume, a 43% decrease in turnover, and a 25% reduction in the number of deals. The current market capitalization stands at NGN 56.5 trillion.
Market Performance:
- Total Volume: 318,100,359 shares
- Total Value: NGN 4,950,009,398.24
- Total Deals: 7,302
- Market Capitalization: NGN 56.5 trillion
Market Changes Compared to Previous Day:
- Volume: -37%
- Turnover: -43%
- Deals: -25%
Gainers and Losers:
- Gainers:
- Guinness Nigeria: +9.95%, closing at NGN 60.25 per share
- E-Tranzact International: +9.89%
- Unity Bank: +9.84%
- Regency Alliance Insurance: +9.3%
- Losers:
- Academy Press: -9.85%, closing at NGN 1.83 per share
- Computer Warehouse Group: -9.4%
- Prestige Assurance Company: -5.56%
- Industrial & Medical Gases: -4%
Notable Trades:
- Highest Volume:
- Sterling Bank: 42.3 million shares
- Zenith Bank: 28 million shares
- Fidelity Bank: 25.1 million shares
- Veritas Kapital Assurance: 20.3 million shares
Conclusion:
Despite the declines in volume, turnover, and deals compared to the previous day, the NGX saw active trading with 127 listed equities participating. The market had a balanced mix of gainers and losers, with Guinness Nigeria leading the gainers and Academy Press at the bottom among the losers. This trading summary provides a detailed overview of the market activities, highlighting significant movements and trends.