NGX Trading Summary for Tuesday, January 14, 2025
The Nigerian Stock Exchange (NGX) experienced an active trading session today, with significant improvements in trading volumes and notable market movements. Below are the key highlights:
Trading Activity Overview
• Total Volume Traded: 508,157,296 shares were traded across the market.
• Total Number of Deals: Trading occurred in 13,051 deals, corresponding to a total market value of NGN 11.75 billion.
• Turnover Comparison:
• Today’s trading volume represented a 45% increase in turnover compared to the previous trading day (Monday, January 13, 2025).
• However, there was an 8% decline in the total number of deals.
• Market Capitalization: The market’s current capitalization stands at NGN 63.2 trillion, reflecting the overall value of all listed equities.
Performance of Listed Equities
Out of the 125 equities that participated in trading:
• 23 equities recorded price gains.
• 41 equities experienced price declines.
Top Gainers
1. Northern Nigeria Flour Mills
• % Change: +10%
• Closing Price: NGN 45.10
2. Livestock Feeds
• % Change: +9.91%
3. Academy Press
• % Change: +9.9%
4. University Press
• % Change: +9.82%
Top Losers
1. Honeywell Flour Mill
• % Change: -10%
• Closing Price: NGN 9.54
2. Dangote Cement
• % Change: -9.98%
• Closing Price: NGN 246.20
3. Julius Berger Nigeria
• % Change: -9.98%
4. Sovereign Trust Insurance
• % Change: -9.68%
Trading Volume Highlights
The top equities by trading volume were:
1. Guaranty Trust Holding Company:
• Volume Traded: 54.4 million shares.
2. Nigerian Breweries:
• Volume Traded: 32.2 million shares.
3. Universal Insurance Company:
• Volume Traded: 30.8 million shares.
4. AIICO Insurance:
• Volume Traded: 26.6 million shares.
Summary
The NGX recorded increased trading activity, with turnover showing a strong improvement. While there were significant price movements, Northern Nigeria Flour Mills emerged as the top gainer, while Honeywell Flour Mill led the decliners. Guaranty Trust Holding Company remained the most actively traded stock by volume. The market’s capitalization of NGN 63.2 trillion reflects the resilience of listed equities.
The Nigerian Stock Exchange (NGX) experienced an active trading session today, with significant improvements in trading volumes and notable market movements. Below are the key highlights:
Trading Activity Overview
• Total Volume Traded: 508,157,296 shares were traded across the market.
• Total Number of Deals: Trading occurred in 13,051 deals, corresponding to a total market value of NGN 11.75 billion.
• Turnover Comparison:
• Today’s trading volume represented a 45% increase in turnover compared to the previous trading day (Monday, January 13, 2025).
• However, there was an 8% decline in the total number of deals.
• Market Capitalization: The market’s current capitalization stands at NGN 63.2 trillion, reflecting the overall value of all listed equities.
Performance of Listed Equities
Out of the 125 equities that participated in trading:
• 23 equities recorded price gains.
• 41 equities experienced price declines.
Top Gainers
1. Northern Nigeria Flour Mills
• % Change: +10%
• Closing Price: NGN 45.10
2. Livestock Feeds
• % Change: +9.91%
3. Academy Press
• % Change: +9.9%
4. University Press
• % Change: +9.82%
Top Losers
1. Honeywell Flour Mill
• % Change: -10%
• Closing Price: NGN 9.54
2. Dangote Cement
• % Change: -9.98%
• Closing Price: NGN 246.20
3. Julius Berger Nigeria
• % Change: -9.98%
4. Sovereign Trust Insurance
• % Change: -9.68%
Trading Volume Highlights
The top equities by trading volume were:
1. Guaranty Trust Holding Company:
• Volume Traded: 54.4 million shares.
2. Nigerian Breweries:
• Volume Traded: 32.2 million shares.
3. Universal Insurance Company:
• Volume Traded: 30.8 million shares.
4. AIICO Insurance:
• Volume Traded: 26.6 million shares.
Summary
The NGX recorded increased trading activity, with turnover showing a strong improvement. While there were significant price movements, Northern Nigeria Flour Mills emerged as the top gainer, while Honeywell Flour Mill led the decliners. Guaranty Trust Holding Company remained the most actively traded stock by volume. The market’s capitalization of NGN 63.2 trillion reflects the resilience of listed equities.