Nigerian Stock Exchange (NGX) Trading Summary for Friday, November 8, 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

Member
Mar 18, 2024
686
20
18
Nigerian Stock Exchange (NGX) Trading Summary for Friday, November 8, 2024

On the last trading day of the week, the Nigerian Stock Exchange (NGX) reported a total of 477.94 million shares traded across 9,015 deals, with a market value of NGN 9.06 billion.

Key Comparisons with Previous Day’s Trading (Thursday, November 7, 2024):
• Volume declined by 24%
• Turnover dropped by 44%
• Number of deals decreased by 7%

The current market capitalization stands at NGN 58.9 trillion.

Market Activity:
A total of 125 listed equities were traded, ending with 30 gainers and 23 losers.

Top Gainers:
1. Aradel Holdings: +10%, closing at NGN 485.30 per share
2. Conoil: +9.94%
3. John Holt: +9.82%
4. Lasaco Assurance: +9.09%

Top Losers:
1. Meyer: -9.98%, closing at NGN 7.67 per share
2. Abbey Mortgage Bank: -9.83%
3. Eterna: -9.82%
4. Sunu Assurances Nigeria: -9.65%

Top Traded Stocks by Volume:
• Sterling Bank: 119 million shares
• Ellah Lakes: 91.6 million shares
• Access Holdings: 54.5 million shares
• Fidelity Bank: 25.8 million shares

This summary provides a snapshot of the day’s activity, showing notable fluctuations in trading volume, turnover, and the top gainers and losers among NGX equities.