NGX TRADING SUMMARY FOR WEDNESDAY, AUGUST 21, 2024
Overall Market Performance: - Volume: 360,558,689 shares were traded today. - Deals: These trades were executed in 8,813 deals. - Market Value: The total market value of the traded shares was NGN 7,252,158,694.18. - Comparison to Previous Day: - Volume: There was a significant 64% decline in the number of shares traded compared to Tuesday, August 20. - Turnover: The total market value saw a 6% decline.
- Deals: However, the number of deals increased by 6%.
- Market Capitalization: The current total market capitalization of the Nigerian Stock Exchange stands at NGN 54.4 trillion.
Equities Participation: - Total Companies Traded: 117 NGX-listed equities participated in the trading session. - Gainers: - Top Gainer: Ikeja Hotel saw the highest price appreciation, gaining 10%, closing at NGN 7.70 per share. - Other Notable Gainers: - RT Briscoe: +9.76% - Cutix: +9.66% - Tantalizers: +9.62% - Losers: - Top Loser: University Press experienced the most significant price drop, declining by 9.4% to NGN 2.41 per share. - Other Notable Losers: - Oando: -8.66% - National Salt Company: -8.39% - Red Star Express: -6.43%
Trading Volumes: - Top Volume Movers: - Oando: 66.2 million shares traded, the highest for the day. - Guaranty Trust Holding: 45.7 million shares. - Cutix: 29.4 million shares. - Universal Insurance Company: 25.4 million shares.