NGX Trading Summary for Monday, December 23, 2024

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Olori Uwem

Active Member
Mar 18, 2024
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NGX Trading Summary for Monday, December 23, 2024

The Nigerian Stock Exchange (NGX) wrapped up the first trading day of the week with the following highlights:

Market Overview

• Total Volume Traded: 503,189,878 shares

• Total Deals Executed: 12,490

• Market Value: NGN 16,271,901,608.63

• Market Capitalization: NGN 61.5 trillion


Performance Compared to Previous Session (Friday, December 20, 2024)

• Volume: Declined by 2%

• Turnover (Value Traded): Improved by 2%

• Number of Deals: Increased by 8%


Top Gainers

1. Okomu Oil Palm Plc:

• Gained 10%, closing at NGN 403.70/share

2. MRS Oil Nigeria Plc:

• Gained 10%

3. AXA Mansard Insurance Plc:

• Gained 10%

4. Sterling Bank Plc:

• Gained 10%


Top Losers

1. Austin Laz & Company Plc:

• Declined by 9.84%, closing at NGN 1.65/share

2. Aradel Holdings Plc:

• Declined by 9.64%

3. Oando Plc:

• Declined by 8.63%

4. Veritas Kapital Assurance Plc:

• Declined by 4.44%


Most Actively Traded Stocks

1. Guaranty Trust Holding Company:

• Traded 39.4 million shares

2. Japaul Gold and Ventures:

• Traded 35.8 million shares

3. Zenith Bank Plc:

• Traded 34.6 million shares

4. United Bank for Africa (UBA):

• Traded 26.4 million shares

Summary

Monday’s session saw strong investor participation with 124 equities traded. Out of these:

• 54 stocks recorded price gains.

• 20 stocks recorded price declines.

The positive sentiment in the market was driven by gains in key sectors, despite a slight decline in trading volume compared to the previous session.