NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 21, 2024

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Olori Uwem

Member
Mar 18, 2024
374
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NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 21, 2024

Overall Market Performance:
- Volume: 360,558,689 shares were traded today.
- Deals: These trades were executed in 8,813 deals.
- Market Value: The total market value of the traded shares was NGN 7,252,158,694.18.
- Comparison to Previous Day:
- Volume: There was a significant 64% decline in the number of shares traded compared to Tuesday, August 20.
- Turnover: The total market value saw a 6% decline.
- Deals: However, the number of deals increased by 6%.

- Market Capitalization: The current total market capitalization of the Nigerian Stock Exchange stands at NGN 54.4 trillion.

Equities Participation:
- Total Companies Traded: 117 NGX-listed equities participated in the trading session.
- Gainers:
- Top Gainer: Ikeja Hotel saw the highest price appreciation, gaining 10%, closing at NGN 7.70 per share.
- Other Notable Gainers:
- RT Briscoe: +9.76%
- Cutix: +9.66%
- Tantalizers: +9.62%
- Losers:
- Top Loser: University Press experienced the most significant price drop, declining by 9.4% to NGN 2.41 per share.
- Other Notable Losers:
- Oando: -8.66%
- National Salt Company: -8.39%
- Red Star Express: -6.43%

Trading Volumes:
- Top Volume Movers:
- Oando: 66.2 million shares traded, the highest for the day.
- Guaranty Trust Holding: 45.7 million shares.
- Cutix: 29.4 million shares.
- Universal Insurance Company: 25.4 million shares.