NGX Trading Summary for Tuesday, January 28, 2025 – Detailed Breakdown:
1. Overall Market Performance:
- A total of 542,229,692 shares were traded in 15,561 deals, amounting to a market value of NGN 13,636,085,330.08.
- Compared to the previous trading day (Monday, January 27), there was a:
- 5% improvement in trading volume (number of shares traded).
- 3% improvement in turnover (total market value of shares traded).
- 10% decline in the number of deals executed.
2. Market Capitalization:
- The Nigerian Stock Exchange (NGX) currently has a market capitalization of NGN 64.2 trillion.
3. Participation and Performance of Listed Equities:
- 127 NGX-listed equities participated in trading.
- 30 gainers and 32 losers were recorded at the end of the trading session.
4. Top Gainers:
- Okomu Oil Palm led the gainers with a 10% share price appreciation, closing at NGN 488.40 per share.
- Other top gainers included:
- Eunisell Interlinked (+10%)
- SCOA Nigeria (+10%)
- Skye Shelter Fund (+9.97%)
5. Top Losers:
- MRS Oil Nigeria emerged as the worst performer with a 9.95% price decline, closing at NGN 162.90 per share.
- Other significant losers included:
- Red Star Express (-9.9%)
- Learn Africa (-9.82%)
- Daar Communications (-8.33%)
6. Most Traded Stocks by Volume:
- Access Holdings recorded the highest trading volume with 44 million shares traded.
- Other actively traded stocks included:
- Sterling Bank (42.2 million shares)
- Zenith Bank (33.8 million shares)
- United Bank for Africa (29.2 million shares).
1. Overall Market Performance:
- A total of 542,229,692 shares were traded in 15,561 deals, amounting to a market value of NGN 13,636,085,330.08.
- Compared to the previous trading day (Monday, January 27), there was a:
- 5% improvement in trading volume (number of shares traded).
- 3% improvement in turnover (total market value of shares traded).
- 10% decline in the number of deals executed.
2. Market Capitalization:
- The Nigerian Stock Exchange (NGX) currently has a market capitalization of NGN 64.2 trillion.
3. Participation and Performance of Listed Equities:
- 127 NGX-listed equities participated in trading.
- 30 gainers and 32 losers were recorded at the end of the trading session.
4. Top Gainers:
- Okomu Oil Palm led the gainers with a 10% share price appreciation, closing at NGN 488.40 per share.
- Other top gainers included:
- Eunisell Interlinked (+10%)
- SCOA Nigeria (+10%)
- Skye Shelter Fund (+9.97%)
5. Top Losers:
- MRS Oil Nigeria emerged as the worst performer with a 9.95% price decline, closing at NGN 162.90 per share.
- Other significant losers included:
- Red Star Express (-9.9%)
- Learn Africa (-9.82%)
- Daar Communications (-8.33%)
6. Most Traded Stocks by Volume:
- Access Holdings recorded the highest trading volume with 44 million shares traded.
- Other actively traded stocks included:
- Sterling Bank (42.2 million shares)
- Zenith Bank (33.8 million shares)
- United Bank for Africa (29.2 million shares).