NGX Trading Summary for Thursday, October 24, 2024

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Olori Uwem

Member
Mar 18, 2024
632
18
18
NGX Trading Summary for Thursday, October 24, 2024

Trading Activity:

• Total Volume: 400.9 million shares were traded today, representing a 41% increase in volume compared to the previous trading day (Wednesday, October 23).

• Total Deals: There were 9,211 transactions, marking a 16% improvement in deals.

• Market Value: The total turnover reached NGN 15.7 billion, a significant 90% increase compared to Wednesday’s turnover.

• Market Capitalization: The current market capitalization of the Nigerian Stock Exchange stands at NGN 60.1 trillion.

Top Performers:

• Gainers:

• Access Holdings led the gainers with a 9.95% increase, closing at NGN 22.10 per share.

• Other top gainers include Academy Press (+9.79%), UPDC (+8.9%), and Cornerstone Insurance (+7.6%).

Underperformers:

• Losers:

• Royal Exchange recorded the biggest loss, with its share price dropping by 9.72% to close at NGN 0.65 per share.

• Other major losers include International Breweries (-6.24%), Livestock Feeds (-6.06%), and Wapic Insurance (-5.94%).

Most Active Stocks by Volume:

• United Bank for Africa led in volume with 58.4 million shares traded.

• This was followed by Japaul Gold and Ventures (35.1 million shares), Custodian & Allied (33.7 million shares), and Access Holdings (30.4 million shares).

Market Indices Performance:

• The NGX All-Share Index (ASI) gained 245.53 points (+0.25%), closing at 99,189.95.

• 1-week performance: +1.13%

• 4-week performance: +0.2%

• Year-to-date (YTD) performance: +32.65%

• Other key indices:

• NGX Top 30 Index: +0.36% (1-week +1.58%; YTD +32.98%)

• NGX Banking Index: +2.61% (1-week +7.6%; YTD +10.53%)

• NGX Pension Index: +1.12% (1-week +4.11%; YTD +30.47%)

• NGX Premium Index: +0.75% (1-week +3.28%; YTD +26.96%)

• NGX Insurance Index: +0.68% (1-week +1.64%; YTD +37.82%)

• NGX Oil & Gas Index: +0.04% (1-week +3.84%; YTD +118.26%)