NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 28, 2024
Trading Volume and Value:
- Shares Traded: A total of 446,609,595 shares were exchanged during the session.
- Deals: These transactions took place across 10,148 deals.
- Market Value: The total market value of these trades amounted to NGN 4,531,400,867.31.
Comparison with Previous Trading Day:
- Turnover: There was a 20% decline in turnover compared to the previous trading day, Tuesday, August 27, 2024.
- Deals: Despite the drop in turnover, there was a 19% improvement in the number of deals.
Market Capitalization:
- The current market capitalization of the Nigerian Stock Exchange stands at NGN 55.3 trillion.
Market Performance:
- Total Equities Traded: 121 NGX listed equities participated in the trading session.
- Gainers: There were 35 gainers for the day. The top gainers included:
- Industrial & Medical Gases: Increased by 10%, closing at NGN 26.40 per share.
- Chams: Up by 9.95%.
- Oando: Rose by 9.94%.
- Livestock Feeds: Gained 9.91%.
- Losers: There were 14 losers. The leading decliners were:
- Neimeth International Pharma: Fell by 9.09%, ending the day at NGN 2.00 per share.
- Tantalizers: Dropped by 8.64%.
- MTN Nigeria: Declined by 7.91%.
- Thomas Wyatt Nigeria: Decreased by 7.06%.
Top Traded Stocks by Volume:
- Universal Insurance Company: Recorded the highest trading volume with 52.6 million shares traded.
- Japaul Gold and Ventures: Followed with 51.8 million shares.
- Prestige Assurance Company: Traded 35.8 million shares.
- Tantalizers: Closed with 35.1 million shares traded.
Trading Volume and Value:
- Shares Traded: A total of 446,609,595 shares were exchanged during the session.
- Deals: These transactions took place across 10,148 deals.
- Market Value: The total market value of these trades amounted to NGN 4,531,400,867.31.
Comparison with Previous Trading Day:
- Turnover: There was a 20% decline in turnover compared to the previous trading day, Tuesday, August 27, 2024.
- Deals: Despite the drop in turnover, there was a 19% improvement in the number of deals.
Market Capitalization:
- The current market capitalization of the Nigerian Stock Exchange stands at NGN 55.3 trillion.
Market Performance:
- Total Equities Traded: 121 NGX listed equities participated in the trading session.
- Gainers: There were 35 gainers for the day. The top gainers included:
- Industrial & Medical Gases: Increased by 10%, closing at NGN 26.40 per share.
- Chams: Up by 9.95%.
- Oando: Rose by 9.94%.
- Livestock Feeds: Gained 9.91%.
- Losers: There were 14 losers. The leading decliners were:
- Neimeth International Pharma: Fell by 9.09%, ending the day at NGN 2.00 per share.
- Tantalizers: Dropped by 8.64%.
- MTN Nigeria: Declined by 7.91%.
- Thomas Wyatt Nigeria: Decreased by 7.06%.
Top Traded Stocks by Volume:
- Universal Insurance Company: Recorded the highest trading volume with 52.6 million shares traded.
- Japaul Gold and Ventures: Followed with 51.8 million shares.
- Prestige Assurance Company: Traded 35.8 million shares.
- Tantalizers: Closed with 35.1 million shares traded.