NGX Trading Summary for Monday, December 9, 2024

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Olori Uwem

Active Member
Mar 18, 2024
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NGX Trading Summary for Monday, December 9, 2024

Here’s a breakdown of today’s performance on the Nigerian Stock Exchange (NGX):

Trading Statistics

• Volume Traded: 436,039,692 shares
• Value of Trades: NGN 12,864,433,678.17
• Number of Deals: 9,489
• Market Capitalization: NGN 59.5 trillion

Comparison with Previous Trading Day (Friday, December 6, 2024)

• Volume: Declined by 58%
• Turnover: Decreased by 26%
• Number of Deals: Improved by 31%

Market Activity Overview

• Total Equities Traded: 126
• Gainers: 19 stocks
• Losers: 36 stocks

Top Gainers

1. Nigerian Exchange Group (NGX): +10%, closing at NGN 27.50
2. Golden Guinea Breweries: +10%
3. Tantalizers: +9.92%
4. Africa Prudential: +9.72%

Top Losers

1. Secure Electronic Technology: -10%, closing at NGN 0.63
2. Guinea Insurance: -8.93%
3. Deap Capital Management & Trust: -8.4%
4. Daar Communications: -7.02%

Top Traded Stocks by Volume

1. FCMB Group: 61.7 million shares
2. Access Holdings: 51.1 million shares
3. United Bank for Africa (UBA): 27.2 million shares
4. Guaranty Trust Holding (GTCO): 24.5 million shares

This summary highlights a mixed market session with a decline in volume and turnover but a rise in the number of deals, showing varied investor activity.