NGX Trading Summary for Friday, December 27, 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

Well-Known Member
Mar 18, 2024
1,180
65
48
NGX Trading Summary for Friday, December 27, 2024

Market Performance Overview:
At the close of trading on Friday, December 27, 2024, the Nigerian Stock Exchange (NGX) recorded a total of 443,732,608 shares traded across 12,551 deals, amounting to a market value of NGN 15.09 billion.

This represents significant improvements compared to the previous trading day (Tuesday, December 24, 2024):
• Volume of trades increased by 12%.
• Turnover surged by 112%.
• Number of deals rose by 50%.

The current market capitalization of the NGX stands at NGN 61.9 trillion.

Market Participation:

A total of 127 listed equities were traded during the session, with:
• 45 gainers
• 18 losers

Top Gainers:

The top-performing stocks for the day were:
1. University Press Plc: +10%, closing at NGN 3.85 per share.
2. Wapic Insurance: +10%.
3. Universal Insurance Company: +10%.
4. Ikeja Hotel: +9.95%.

Top Losers:

The laggards of the session were:
1. Honeywell Flour Mill: -9.09%, closing at NGN 6.30 per share.
2. RT Briscoe: -5.66%.
3. Neimeth International Pharma: -5.47%.
4. Eterna Plc: -5%.

Most Actively Traded Stocks:

The stocks with the highest trading volumes were:
1. United Bank for Africa (UBA): 41.7 million shares.
2. Access Holdings: 35.4 million shares.
3. Zenith Bank: 33.3 million shares.
4. Guaranty Trust Holding Co. (GTCO): 22.9 million shares.

This trading summary reflects a vibrant trading session with strong market activity and notable performances from key stocks.