NGX TRADING SUMMARY FOR MONDAY, MAY 27, 2024
At the end of the first weekday of trading on the Nigerian Stock Exchange (NGX), a total of 366,979,725 shares in 8,031 deals, corresponding to a market value of NGN 5,939,982,423.32, were traded. Compared with the previous NGX trading day (Friday, May 24), today's data shows a 52% decline in volume, a 62% decline in turnover, but a 6% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 55.4 trillion.
In the aggregate, 122 NGX listed equities participated in trading, ending with 15 gainers and 25 losers. John Holt led the gainers with a 9.6% share price appreciation, closing at NGN 2.17 per share, followed by Fidelity Bank (+8.43%), Conoil (+8.36%), and Mutual Benefits Assurance (+7.69%). On the losing side, Computer Warehouse Group came out last with an end-of-day price depreciation of 10% at NGN 5.40 per share, followed by Caverton Offshore Support Group (-10%), C&I Leasing (-9.01%), and FTN Cocoa Processors (-8.33%). Access Holdings recorded the highest volume of 176 million traded shares, followed by FBN Holdings (46.1 million), United Bank for Africa (21.2 million), and Fidelity Bank (17.7 million).
At the end of the first weekday of trading on the Nigerian Stock Exchange (NGX), a total of 366,979,725 shares in 8,031 deals, corresponding to a market value of NGN 5,939,982,423.32, were traded. Compared with the previous NGX trading day (Friday, May 24), today's data shows a 52% decline in volume, a 62% decline in turnover, but a 6% improvement in deals. The current market capitalization of the Nigerian Stock Exchange is NGN 55.4 trillion.
In the aggregate, 122 NGX listed equities participated in trading, ending with 15 gainers and 25 losers. John Holt led the gainers with a 9.6% share price appreciation, closing at NGN 2.17 per share, followed by Fidelity Bank (+8.43%), Conoil (+8.36%), and Mutual Benefits Assurance (+7.69%). On the losing side, Computer Warehouse Group came out last with an end-of-day price depreciation of 10% at NGN 5.40 per share, followed by Caverton Offshore Support Group (-10%), C&I Leasing (-9.01%), and FTN Cocoa Processors (-8.33%). Access Holdings recorded the highest volume of 176 million traded shares, followed by FBN Holdings (46.1 million), United Bank for Africa (21.2 million), and Fidelity Bank (17.7 million).