NGX TRADING SUMMARY FOR MONDAY, SEPTEMBER 2, 2024

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Olori Uwem

Member
Mar 18, 2024
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NGX TRADING SUMMARY FOR MONDAY, SEPTEMBER 2, 2024

1. Trading Volume and Deals:
- A total of 498,119,663 shares were traded.
- These trades occurred in 13,149 deals.
- The total market value of shares traded was NGN 11,036,565,048.12.

2. Comparison with Previous Trading Day (Friday, August 30, 2024):
- Volume: There was a 13% decline in the number of shares traded compared to the previous trading day.
- Turnover: The market turnover saw a significant 65% decline.
- Deals: The number of deals increased by 3%.

3. Market Capitalization:
- The current market capitalization of the Nigerian Stock Exchange stands at NGN 55.6 trillion.

4. Number of Equities Traded:
- A total of 118 NGX-listed equities participated in the trading session.
- Out of these, 28 equities gained in value, while 29 equities declined.

5. Top Gainers:
- Oando: Led the gainers with a 9.95% increase in share price, closing at NGN 84.55 per share.
- Industrial & Medical Gases: Followed with a 9.85% appreciation.
- E-Tranzact International: Gained 9.8%.
- Conoil: Recorded a 9.72% increase.

6. Top Losers:
- Livestock Feeds: Had the highest loss with a 10% decline, closing at NGN 2.25 per share.
- RT Briscoe: Followed with a 9.86% decrease.
- Cornerstone Insurance Company: Fell by 9.63%.
- Daar Communications: Dropped by 9.59%.

7. Highest Volume of Shares Traded:
- United Bank for Africa (UBA): Recorded the highest volume with 54.8 million shares traded.
- Zenith Bank: Had 40 million shares traded.
- Oando: Traded 38.4 million shares.
- Access Holdings: Had a total of 36.6 million shares traded.