NGX Trading Summary for Wednesday, December 11, 2024

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Olori Uwem

Active Member
Mar 18, 2024
811
36
28
NGX Trading Summary for Wednesday, December 11, 2024

Today’s trading session on the Nigerian Exchange Group (NGX) witnessed a significant decrease in trading activity compared to the previous day, with declines in volume, value, and the number of deals recorded:
• Volume Traded: 320.1 million shares (-66% from Tuesday).
• Market Turnover: NGN 6.48 billion (-49% from Tuesday).
• Deals Executed: 7,943 (-13% from Tuesday).
• Market Capitalization: NGN 59.7 trillion.

Market Activity Highlights:
• Gainers: Out of 130 equities traded, 34 recorded gains. Top performers include:
• Conoil: +10%, closing at NGN 352.00.
• Africa Prudential: +10%.
• RT Briscoe: +10%.
• Golden Guinea Breweries: +9.95%.
• Losers: 17 equities declined, with notable laggards:
• Julius Berger Nigeria: -10%, closing at NGN 155.25.
• Secure Electronic Technology: -9.52%.
• Multiverse Mining & Exploration: -7.63%.
• Haldane McCall: -6.07%.
• Most Traded Stocks:
• E-Tranzact International: 70.3 million shares.
• Universal Insurance Company: 23.8 million shares.
• Zenith Bank: 21.2 million shares.
• FBN Holdings: 18.6 million shares.

NGX Index Performance:
• All-Share Index (ASI): Closed at 98,509.68 points (+0.31%).
• Weekly Change: +0.34%.
• 4-Week Change: +1.12%.
• Year-to-Date (YTD) Change: +31.74%.

Sector Indices:
• Oil & Gas Index: +2.59% (+150.69% YTD).
• Insurance Index: +2.34% (+72.8% YTD).
• Industrial Index: +0.15% (+31.68% YTD).
• Premium Index: +0.09% (+30.15% YTD).
• Top 30 Index: -0.31% (+32.55% YTD).

This summary highlights a mixed trading day with significant gains in oil and gas and insurance sectors, alongside moderate losses in industrial and premium segments.