NGX Trading Summary for Tuesday, October 22, 2024

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Olori Uwem

Well-Known Member
Mar 18, 2024
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NGX Trading Summary for Tuesday, October 22, 2024

The Nigerian Stock Exchange (NGX) saw an active trading session today, with the following key highlights:

• Total Volume: 591,010,474 shares were traded, marking a 46% increase compared to the previous day’s volume.

• Total Deals: 6,987 deals were executed, representing a 16% decline from Monday’s trading session.

• Total Market Turnover: Shares traded were valued at NGN 24.84 billion, showing a 10% decrease in turnover from the previous day.

• Market Capitalization: The NGX market capitalization stood at NGN 59.9 trillion.

Gainers:

A total of 23 stocks ended the day with price gains. The top gainers included:

• Transcorp Hotels: +9.28%, closing at NGN 106.00 per share.

• Wapic Insurance: +9.09%.

• UPDC: +6.9%.

• Universal Insurance Company: +5.88%.

Losers:

On the losing side, 15 stocks experienced price depreciation. The top losers were:

• John Holt: -9.84%, closing at NGN 2.75 per share.

• Tantalizers: -9.84%.

• Dangote Sugar Refinery: -8.82%.

• Regency Alliance Insurance: -7.14%.


Highest Volume:

• Champion Breweries: Led the trading volume with 255 million shares.

• Japaul Gold and Ventures: 109 million shares.

• United Bank for Africa: 45 million shares.

• FCMB Group: 19.2 million shares.

This session reflected a positive momentum in terms of volume, though there was a dip in market turnover and the number of deals.