NGX TRADING SUMMARY FOR WEDNESDAY, JULY 17, 2024

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Olori Uwem

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Mar 18, 2024
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NGX TRADING SUMMARY FOR WEDNESDAY, JULY 17, 2024

At the end of today's trading session on the Nigerian Stock Exchange (NGX):

- Volume and Value: A total of 1,099,300,929 shares were traded across 8,720 deals, with a market value of NGN 10,076,409,991.74. This represents a 198% increase in trading volume, a 36% increase in turnover, and a 7% increase in the number of deals compared to the previous trading day, Tuesday, July 16.

- Market Capitalization: The current market capitalization of the Nigerian Stock Exchange is NGN 56.7 trillion.

- Equity Performance:
- Total Equities Traded: 118 NGX listed equities participated in trading.
- Gainers: 28 equities saw an increase in their share prices.
- Top Gainer: United Capital led with a 10% share price appreciation, closing at NGN 36.30 per share.
- Other Gainers: Africa Prudential (+9.88%), Cutix (+9.86%), and Oando (+5.62%).
- Losers: 15 equities saw a decrease in their share prices.
- Top Loser: RT Briscoe experienced a 5.71% decline, ending at NGN 0.66 per share.
- Other Losers: FTN Cocoa Processors (-4.44%), Tantalizers (-4.26%), and Neimeth International Pharma (-3.53%).

- Top Traded Shares:
- Highest Volume: Jaiz Bank recorded the highest volume of traded shares at 528 million.
- Other Notable Volumes:
- Cutix with 195 million shares traded,
- Zenith Bank with 77.8 million shares traded,
- Universal Insurance Company with 36.3 million shares traded.

This detailed breakdown highlights the significant activity and key performers in today's trading session on the NGX.