NGX Trading Summary for Thursday, January 23, 2025

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Olori Uwem

Active Member
Mar 18, 2024
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NGX Trading Summary for Thursday, January 23, 2025

At the close of trading on the Nigerian Stock Exchange (NGX) today, a total of 390.36 million shares were traded in 12,159 deals, amounting to a market value of NGN 21.44 billion. This represents a 45% increase in turnover and a 13% increase in the number of deals compared to the previous trading session on Wednesday, January 22, 2025. The overall market capitalization now stands at NGN 63.1 trillion.

Market Performance Overview

A total of 123 stocks were active in trading, with market breadth evenly split between 28 gainers and 28 losers.

Top Gainers

• SCOA Nigeria Plc led the gainers, appreciating by 9.76% to close at NGN 3.60 per share.

• Daar Communications Plc followed with a 9.09% gain.

• May & Baker Nigeria Plc recorded an 8.43% increase.

• Prestige Assurance Plc rose by 6.82%.

Top Losers

• Morison Industries Plc had the biggest loss, declining by 9.98% to NGN 3.61 per share.

• C&I Leasing Plc followed with a 9.91% drop.

• Ikeja Hotel Plc lost 8.89%.

• Neimeth International Pharmaceuticals Plc fell by 8.51%.

Most Actively Traded Stocks (by Volume)

• Guaranty Trust Holding Company (GTCO) recorded the highest volume with 42.1 million shares traded.

• United Bank for Africa (UBA) followed with 37.4 million shares.

• Zenith Bank Plc saw 25.2 million shares traded.

• Access Holdings Plc recorded 24.3 million shares in volume.

The market showed strong activity with a significant improvement in turnover and deals, indicating heightened investor participation.