NGX TRADING SUMMARY FOR FRIDAY, JUNE 21, 2024

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Olori Uwem

Member
Mar 18, 2024
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NGX TRADING SUMMARY FOR FRIDAY, JUNE 21, 2024

Key Points:
- Trading Volume and Value:
- Total shares traded: 617,222,617
- Total deals: 9,273
- Total market value: NGN 11,346,077,481.95
- Compared to the previous trading day (Thursday, June 20), there was a:
- 53% decline in volume
- 55% decline in turnover
- 11% improvement in deals

- Market Capitalization:
- The current market capitalization of the Nigerian Stock Exchange stands at NGN 56.4 trillion.

- Equity Performance:
- A total of 125 listed equities participated in trading.
- Gainers:
- International Breweries: +10% (NGN 4.40 per share)
- Thomas Wyatt Nigeria: +9.95%
- Chams: +9.86%
- Champion Breweries: +9.83%
- Losers:
- N.E.M. Insurance Company: -12.22% (NGN 7.90 per share)
- Multiverse Mining & Exploration: -9.68%
- RT Briscoe: -7.46%
- Sunu Assurances Nigeria: -6.25%

- Top Traded Stocks by Volume:
- FBN Holdings: 208 million shares
- Guaranty Trust Holding: 58.6 million shares
- Veritas Kapital Assurance: 57.6 million shares
- Aiico Insurance: 46.8 million shares

Conclusion:
Friday's trading on the NGX saw a significant decline in both trading volume and turnover compared to the previous day, despite an increase in the number of deals. The market witnessed a mix of gains and losses among listed equities, with International Breweries leading the gainers and N.E.M. Insurance Company experiencing the most significant loss. The Nigerian Stock Exchange continues to show robust participation with a wide range of equities actively traded.