Nigerian Stock Exchange Trading Summary for Thursday, November 14, 2024
On Thursday, the Nigerian Stock Exchange (NGX) closed with a notable increase in trading activity. Here’s a detailed breakdown:
Trading Volume and Value
• Shares Traded: 291,534,428 shares
• Number of Deals: 7,931
• Market Value: NGN 7.82 billion
• Market Capitalization: NGN 58.9 trillion
Compared to the previous trading day (Wednesday, November 13), today’s activity shows:
• Volume Increase: +18%
• Turnover Increase: +4%
• Decline in Number of Deals: -5%
Market Performers
• Total Equities Traded: 120 listed companies participated in trading.
• Gainers: 32 stocks saw gains, led by:
• Flour Mills Nigeria: +10%, closing at NGN 71.50 per share
• The Initiates: +10%
• John Holt: +9.86%
• International Energy Insurance: +9.85%
• Losers: 15 stocks saw declines, with the largest losses from:
• Abbey Mortgage Bank: -9.77%, closing at NGN 2.40 per share
• Associated Bus Company: -9.45%
• Conoil: -6.15%
• BUA Cement: -5.93%
Top Traded Stocks by Volume
• Access Holdings: 60.4 million shares
• United Bank for Africa: 17.9 million shares
• Zenith Bank: 16.2 million shares
• Oando: 15.6 million shares
The trading day’s data indicates positive momentum in volume and turnover, despite a slight drop in deal count, reflecting active participation and investor interest across several sectors.
On Thursday, the Nigerian Stock Exchange (NGX) closed with a notable increase in trading activity. Here’s a detailed breakdown:
Trading Volume and Value
• Shares Traded: 291,534,428 shares
• Number of Deals: 7,931
• Market Value: NGN 7.82 billion
• Market Capitalization: NGN 58.9 trillion
Compared to the previous trading day (Wednesday, November 13), today’s activity shows:
• Volume Increase: +18%
• Turnover Increase: +4%
• Decline in Number of Deals: -5%
Market Performers
• Total Equities Traded: 120 listed companies participated in trading.
• Gainers: 32 stocks saw gains, led by:
• Flour Mills Nigeria: +10%, closing at NGN 71.50 per share
• The Initiates: +10%
• John Holt: +9.86%
• International Energy Insurance: +9.85%
• Losers: 15 stocks saw declines, with the largest losses from:
• Abbey Mortgage Bank: -9.77%, closing at NGN 2.40 per share
• Associated Bus Company: -9.45%
• Conoil: -6.15%
• BUA Cement: -5.93%
Top Traded Stocks by Volume
• Access Holdings: 60.4 million shares
• United Bank for Africa: 17.9 million shares
• Zenith Bank: 16.2 million shares
• Oando: 15.6 million shares
The trading day’s data indicates positive momentum in volume and turnover, despite a slight drop in deal count, reflecting active participation and investor interest across several sectors.