Nigerian Stock Exchange (NGX) Trading Summary for Thursday, November 7, 2024

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Olori Uwem

Member
Mar 18, 2024
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Nigerian Stock Exchange (NGX) Trading Summary for Thursday, November 7, 2024

At the close of trading on the Nigerian Stock Exchange (NGX) today:

• Volume: 628,362,034 shares were traded.
• Deals: These trades were executed across 9,696 deals.
• Value: The total market value of trades was NGN 16,245,390,337.41.

Market Comparison:

• Compared to the previous trading day (Wednesday, November 6, 2024), today saw:
• A 50% increase in trade volume,
• A 62% rise in turnover,
• A 7% increase in the number of deals.

Market Capitalization: The NGX’s current market capitalization stands at NGN 58.7 trillion.

Trading Activity Summary:

• Total Equities Traded: 124 NGX-listed stocks participated in trading today.
• Gainers: 32 stocks ended with price gains, led by:
• Aradel Holdings: +10% (closing at NGN 441.20 per share),
• Conoil: +10%,
• Eunisell Interlinked: +9.92%,
• John Holt: +9.77%.
• Losers: 17 stocks declined in price, with the top decliners being:
• Tantalizers: -6.25% (closing at NGN 0.60 per share),
• Nigerian Exchange Group: -5.81%,
• Wema Bank: -5.63%,
• RT Briscoe: -4.46%.

Top Traded Stocks by Volume:

1. Japaul Gold and Ventures: 106 million shares,
2. Ellah Lakes: 92 million shares,
3. FBN Holdings: 70.6 million shares,
4. Oando: 57.2 million shares.