NGX Trading Summary for Thursday, December 5, 2024
Key Trading Highlights:
• Volume of Trades:
A total of 722,998,242 shares were traded in the session. This marks a 39% increase in traded volume compared to Wednesday, December 4, 2024.
• Market Value:
The total value of shares traded was NGN 12.84 billion, reflecting a 36% decline in turnover from the previous session.
• Number of Deals:
The market recorded 8,495 deals, representing a 10% decline in the number of transactions compared to the previous day.
• Market Capitalization:
The current market capitalization of the Nigerian Stock Exchange stands at NGN 59.5 trillion.
Performance of Listed Equities:
• Active Stocks:
Out of 127 equities that participated in the trading session:
• 35 stocks gained.
• 16 stocks declined.
• The remaining stocks were flat or unchanged.
Top Gainers:
1. University Press Plc:
• Share price appreciated by 10% to close at NGN 3.96 per share.
2. Cornerstone Insurance Company:
• Gained 10%, continuing its upward trend.
3. Sterling Bank:
• Recorded a 9.98% price increase.
4. Sunu Assurances Nigeria:
• Also rose by 9.98%.
Top Losers:
1. Red Star Express Plc:
• Led the decliners with a 10% drop, closing at NGN 4.41 per share.
2. FTN Cocoa Processors Plc:
• Declined by 5.61%.
3. NPF Microfinance Bank Plc:
• Dropped by 3.23%.
4. Neimeth International Pharmaceuticals:
• Fell by 2.78%.
Most Traded Stocks by Volume:
1. Champion Breweries Plc:
• Dominated the session with 301 million shares traded.
2. Fidelity Bank Plc:
• Recorded a total of 48.6 million shares.
3. Guaranty Trust Holding Plc (GTCO):
• Traded 40.2 million shares.
4. Access Holdings Plc:
• Saw 35.6 million shares change hands.
Key Trading Highlights:
• Volume of Trades:
A total of 722,998,242 shares were traded in the session. This marks a 39% increase in traded volume compared to Wednesday, December 4, 2024.
• Market Value:
The total value of shares traded was NGN 12.84 billion, reflecting a 36% decline in turnover from the previous session.
• Number of Deals:
The market recorded 8,495 deals, representing a 10% decline in the number of transactions compared to the previous day.
• Market Capitalization:
The current market capitalization of the Nigerian Stock Exchange stands at NGN 59.5 trillion.
Performance of Listed Equities:
• Active Stocks:
Out of 127 equities that participated in the trading session:
• 35 stocks gained.
• 16 stocks declined.
• The remaining stocks were flat or unchanged.
Top Gainers:
1. University Press Plc:
• Share price appreciated by 10% to close at NGN 3.96 per share.
2. Cornerstone Insurance Company:
• Gained 10%, continuing its upward trend.
3. Sterling Bank:
• Recorded a 9.98% price increase.
4. Sunu Assurances Nigeria:
• Also rose by 9.98%.
Top Losers:
1. Red Star Express Plc:
• Led the decliners with a 10% drop, closing at NGN 4.41 per share.
2. FTN Cocoa Processors Plc:
• Declined by 5.61%.
3. NPF Microfinance Bank Plc:
• Dropped by 3.23%.
4. Neimeth International Pharmaceuticals:
• Fell by 2.78%.
Most Traded Stocks by Volume:
1. Champion Breweries Plc:
• Dominated the session with 301 million shares traded.
2. Fidelity Bank Plc:
• Recorded a total of 48.6 million shares.
3. Guaranty Trust Holding Plc (GTCO):
• Traded 40.2 million shares.
4. Access Holdings Plc:
• Saw 35.6 million shares change hands.