NGX TRADING SUMMARY FOR MONDAY, JULY 8, 2024

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Olori Uwem

Member
Mar 18, 2024
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NGX TRADING SUMMARY FOR MONDAY, JULY 8, 2024

On Monday, July 8, 2024, the Nigerian Stock Exchange (NGX) saw the trading of 689,982,579 shares in 9,635 deals, with a total market value of NGN 7,165,197,354.90. This represents a 67% increase in volume, a 19% increase in turnover, and a 13% increase in deals compared to the previous trading day on Friday, July 5. The current market capitalization stands at NGN 56.6 trillion.

Out of 120 listed equities that participated in the trading:
- 22 equities gained, with Veritas Kapital Assurance leading at +9.57% to close at NGN 1.26 per share, followed by Daar Communications (+8.33%), Conoil (+8.26%), and Neimeth International Pharma (+7.45%).
- 25 equities lost, with PZ Cussons Nigeria declining the most at -10% to close at NGN 19.80 per share, followed by Computer Warehouse Group (-9.8%), Chams (-9.66%), and International Energy Insurance (-9.55%).

Ellah Lakes recorded the highest volume of traded shares at 271 million, followed by Universal Insurance Company (42.1m), Guaranty Trust Holding (40.8m), and United Bank for Africa (36m).