Nigerian Stock Exchange Trading Summary for Wednesday, November 13, 2024

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Olori Uwem

Member
Mar 18, 2024
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Nigerian Stock Exchange Trading Summary for Wednesday, November 13, 2024

Overall Market Activity:
On Wednesday, November 13, 2024, the Nigerian Stock Exchange (NGX) saw a trading volume of 247,014,560 shares across 8,305 deals, with a total market value of NGN 7.51 billion. This represents a decrease from the previous trading day (Tuesday, November 12) in several key areas:

• Trading Volume: Down by 30%

• Turnover: Down by 19%

• Number of Deals: Down by 19%

The NGX’s current market capitalization stands at NGN 59 trillion.

Market Participants:
A total of 124 listed equities were traded on the NGX today, with 30 stocks gaining in price and 20 stocks losing.

Top Gainers:

1. International Energy Insurance: Rose by 10%, closing at NGN 1.32 per share.

2. John Holt: Increased by 9.98%.

3. Eunisell Interlinked: Gained 9.88%.

4. Thomas Wyatt Nigeria: Added 9.71%.

Top Losers:

1. Regency Alliance Insurance: Fell by 10%, ending at NGN 0.45 per share.

2. Daar Communications: Declined by 7.46%.

3. Sovereign Trust Insurance: Dropped by 6.35%.

4. N.E.M. Insurance Company: Decreased by 5.88%.

Top Traded Stocks by Volume:

1. Access Holdings: Recorded the highest volume with 40 million shares traded.

2. United Bank for Africa (UBA): Had 23.7 million shares traded.

3. Fidelity Bank: Traded 21.3 million shares.

4. United Capital: Traded 16.3 million shares.

This summary reflects a generally quieter trading session compared to the previous day, with declines in volume, turnover, and deals, while highlighting the day’s leading gainers, losers, and most actively traded stocks.
 

ultraprosubash

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Nov 14, 2024
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