NGX Trading Summary for Tuesday, December 10, 2024
• Total Market Activity: On December 10, 2024, the Nigerian Stock Exchange (NGX) saw significant activity with a total of 939,409,379 shares traded across 9,098 deals, valued at NGN 12.81 billion. This represents a 115% increase in volume compared to the previous trading day (Monday, December 9, 2024), though the number of deals declined by 4%.
• Market Capitalization: The NGX’s current market capitalization stands at NGN 59.5 trillion.
• Stock Performances:
• Gainers: A total of 37 stocks ended in the positive, with Golden Guinea Breweries leading the way, rising by 9.93% to close at NGN 6.53. Other notable gainers included Guinea Insurance (+9.8%), Tantalizers (+9.77%), and Africa Prudential (+9.7%).
• Losers: John Holt saw the largest loss, dropping by 9.96% to NGN 7.23 per share, followed by Haldane McCall (-9.91%), Morison Industries (-9.89%), and Lafarge WAPCO (-7.8%).
• Highest Traded Shares: Wapic Insurance recorded the highest volume, with 458 million shares traded, followed by Sterling Bank (138 million), Japaul Gold and Ventures (30.3 million), and United Bank for Africa (28.7 million).
• NGX Index Performance:
• The NGX All-Share Index (ASI) rose by 99.45 points (0.1%) to close at 98,206.97. The ASI has seen a 1-week gain of 0.52%, a 4-week gain of 0.97%, and a year-to-date gain of 31.34%.
• Other key indices also showed positive movement, including:
• NGX Top 30 Index: +0.05% (YTD +32.97%)
• NGX Insurance Index: +1.98% (YTD +68.85%)
• NGX Oil & Gas Index: +1.64% (YTD +144.36%)
• NGX Consumer Goods Index: +0.17% (YTD +42.23%)
• NGX Main Board Index: +0.11% (YTD +36.62%)
• NGX Premium Index: +0.09% (YTD +30.03%)
Overall, this trading session marked a positive day for the market, with strong gains in key sectors and notable performances from some of the largest volume traders. The market continues its solid year-to-date performance despite slight declines in the number of deals traded.
• Total Market Activity: On December 10, 2024, the Nigerian Stock Exchange (NGX) saw significant activity with a total of 939,409,379 shares traded across 9,098 deals, valued at NGN 12.81 billion. This represents a 115% increase in volume compared to the previous trading day (Monday, December 9, 2024), though the number of deals declined by 4%.
• Market Capitalization: The NGX’s current market capitalization stands at NGN 59.5 trillion.
• Stock Performances:
• Gainers: A total of 37 stocks ended in the positive, with Golden Guinea Breweries leading the way, rising by 9.93% to close at NGN 6.53. Other notable gainers included Guinea Insurance (+9.8%), Tantalizers (+9.77%), and Africa Prudential (+9.7%).
• Losers: John Holt saw the largest loss, dropping by 9.96% to NGN 7.23 per share, followed by Haldane McCall (-9.91%), Morison Industries (-9.89%), and Lafarge WAPCO (-7.8%).
• Highest Traded Shares: Wapic Insurance recorded the highest volume, with 458 million shares traded, followed by Sterling Bank (138 million), Japaul Gold and Ventures (30.3 million), and United Bank for Africa (28.7 million).
• NGX Index Performance:
• The NGX All-Share Index (ASI) rose by 99.45 points (0.1%) to close at 98,206.97. The ASI has seen a 1-week gain of 0.52%, a 4-week gain of 0.97%, and a year-to-date gain of 31.34%.
• Other key indices also showed positive movement, including:
• NGX Top 30 Index: +0.05% (YTD +32.97%)
• NGX Insurance Index: +1.98% (YTD +68.85%)
• NGX Oil & Gas Index: +1.64% (YTD +144.36%)
• NGX Consumer Goods Index: +0.17% (YTD +42.23%)
• NGX Main Board Index: +0.11% (YTD +36.62%)
• NGX Premium Index: +0.09% (YTD +30.03%)
Overall, this trading session marked a positive day for the market, with strong gains in key sectors and notable performances from some of the largest volume traders. The market continues its solid year-to-date performance despite slight declines in the number of deals traded.