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.
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.