NGX Trading Summary for Friday, December 27, 2024

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.