NGX TRADING SUMMARY FOR THURSDAY, JUNE 20, 2024

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Olori Uwem

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Mar 18, 2024
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NGX TRADING SUMMARY FOR THURSDAY, JUNE 20, 2024

The Nigerian Stock Exchange (NGX) concluded its trading session on Thursday, June 20, 2024, with notable activities and mixed outcomes.

Trading Volume and Value:
- Shares Traded: 1,299,961,984
- Number of Deals: 8,364
- Market Value: NGN 25,326,355,064.38

Comparison to Previous Day:
- Volume: Decreased by 6% from the previous day's trading.
- Turnover: Improved by 54%.
- Number of Deals: Declined by 16%.

Market Capitalization:
- Current Value: NGN 56.5 trillion

Equity Performance:
- Total Equities Traded: 127
- Gainers: 35
- Losers: 17

Top Gainers:
1. Champion Breweries: +9.88%, closing at NGN 3.56 per share
2. Veritas Kapital Assurance: +9.88%
3. Royal Exchange: +9.84%
4. RT Briscoe: +9.84%

Top Losers:
1. Transcorp Hotels: -10%, closing at NGN 90.00 per share
2. Regency Alliance Insurance: -8.51%
3. Lasaco Assurance: -6.05%
4. N.E.M. Insurance Company: -5.76%

Highest Trading Volumes:
1. FBN Holdings: 871 million shares
2. Fidelity Bank: 162 million shares
3. Transcorp Nigeria: 33.7 million shares
4. Access Holdings: 23.4 million shares

The trading session highlighted significant investor interest in FBN Holdings, which led in volume traded, and notable performances among financial and insurance stocks. Despite a decrease in the number of deals and trading volume, the market saw a substantial increase in turnover, indicating heightened investor activity and higher transaction values.