NGX TRADING SUMMARY FOR TUESDAY, AUGUST 20, 2024

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Olori Uwem

Member
Mar 18, 2024
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NGX TRADING SUMMARY FOR TUESDAY, AUGUST 20, 2024

Summary:
- Trading Volume and Deals:
- A total of 1,013,950,890 shares were traded across 8,295 deals on the Nigerian Stock Exchange (NGX).
- The total market value of the shares traded was NGN 7,687,606,591.34.

- Comparison with Previous Trading Day (Monday, August 19, 2024):
- There was a 150% increase in trading volume.
- The number of deals decreased by 11% compared to the previous trading day.

- Market Capitalization:
- The current market capitalization of the Nigerian Stock Exchange stands at NGN 54.5 trillion.

- Market Participation:
- 123 listed equities participated in trading.
- 19 stocks ended as gainers, while 24 stocks ended as losers.

- Top Gainers:
- Learn Africa led the gainers with a 9.94% increase, closing at NGN 3.87 per share.
- Oando followed with a 9.9% increase.
- Cutix gained 9.85%.
- RT Briscoe appreciated by 9.63%.

- Top Losers:
- Thomas Wyatt Nigeria was the top loser with a 9.71% decline, closing at NGN 1.58 per share.
- Omatek Ventures dropped by 6.85%.
- FTN Cocoa Processors declined by 6.8%.
- Neimeth International Pharma fell by 5%.

- Highest Volume of Traded Shares:
- Jaiz Bank recorded the highest trading volume with 651 million shares.
- Sterling Bank followed with 53.9 million shares.
- International Breweries traded 28.4 million shares.
- FCMB Group had 21.9 million shares traded.