NGX TRADING SUMMARY FOR FRIDAY, MAY 31, 2024

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Olori Uwem

Member
Mar 18, 2024
641
19
18
NGX TRADING SUMMARY FOR FRIDAY, MAY 31, 2024

At the close of trading on the Nigerian Stock Exchange (NGX) on May 31, 2024, a total of 433,997,592 shares valued at NGN 8,575,279,947.31 were traded in 8,525 deals. This marked a 40% increase in volume, a 58% increase in turnover, and a 21% increase in deals compared to the previous day. The market capitalization stood at NGN 56.2 trillion.

A total of 122 equities were traded, with 23 gainers and 15 losers. UPDC led the gainers with a 9.84% increase to NGN 1.34 per share. Other top gainers included International Energy Insurance (+9.74%), RT Briscoe (+9.09%), and Oando (+8.26%). On the losing side, C&I Leasing dropped 10% to NGN 2.97 per share, followed by FTN Cocoa Processors (-8.33%), Livestock Feeds (-6.78%), and Ellah Lakes (-5.36%).

Zenith Bank had the highest trading volume with 111 million shares, followed by Aiico Insurance (59.1 million), Access Holdings (43.4 million), and Fidelity Bank (36.2 million).