NGX Trading Summary for Monday, January 13, 2025
- Posted on January 13, 2025
- Stock Market
- By Samiat
NGX Trading Summary for Monday, January 13, 2025
The Nigerian Stock Exchange (NGX) began the week with a total of 505,798,202 shares traded in 14,259 deals, amounting to a market value of NGN 8,126,004,710.14.
Comparison with Previous Trading Day (Friday, January 10, 2025)
• Volume of Shares Traded: Declined by 1%.
• Turnover (Market Value): Declined by 16%.
• Number of Deals: Improved by 11%.
The current market capitalization of the NGX stands at NGN 64.3 trillion.
Market Performance Overview
Trading Activity
• A total of 130 listed equities participated in trading.
• Gainers: 25 stocks recorded price gains.
• Losers: 33 stocks recorded price declines.
Top Gainers
1. CAP Plc:
• Share price appreciated by 10%, closing at NGN 41.80 per share.
2. Neimeth International Pharma:
• Gained 9.96%.
3. Livestock Feeds:
• Gained 9.9%.
4. Secure Electronic Technology:
• Gained 9.88%.
Top Losers
1. Lasaco Assurance:
• Declined by 10%, closing at NGN 3.24 per share.
2. Northern Nigeria Flour Mills:
• Lost 9.99%.
3. Academy Press:
• Lost 9.85%.
4. Associated Bus Company:
• Lost 9.76%.
Most Active Stocks by Volume
1. Tantalizers:
• Recorded the highest volume with 48 million shares traded.
2. Universal Insurance Company:
• Traded 31.2 million shares.
3. Aiico Insurance:
• Traded 30 million shares.
4. Chams:
• Traded 29.7 million shares.
Summary
The trading day showed mixed results, with slight declines in volume and turnover but an increase in the number of deals. The market reflected positive momentum for select stocks, while others experienced notable losses.
The Nigerian Stock Exchange (NGX) began the week with a total of 505,798,202 shares traded in 14,259 deals, amounting to a market value of NGN 8,126,004,710.14.
Comparison with Previous Trading Day (Friday, January 10, 2025)
• Volume of Shares Traded: Declined by 1%.
• Turnover (Market Value): Declined by 16%.
• Number of Deals: Improved by 11%.
The current market capitalization of the NGX stands at NGN 64.3 trillion.
Market Performance Overview
Trading Activity
• A total of 130 listed equities participated in trading.
• Gainers: 25 stocks recorded price gains.
• Losers: 33 stocks recorded price declines.
Top Gainers
1. CAP Plc:
• Share price appreciated by 10%, closing at NGN 41.80 per share.
2. Neimeth International Pharma:
• Gained 9.96%.
3. Livestock Feeds:
• Gained 9.9%.
4. Secure Electronic Technology:
• Gained 9.88%.
Top Losers
1. Lasaco Assurance:
• Declined by 10%, closing at NGN 3.24 per share.
2. Northern Nigeria Flour Mills:
• Lost 9.99%.
3. Academy Press:
• Lost 9.85%.
4. Associated Bus Company:
• Lost 9.76%.
Most Active Stocks by Volume
1. Tantalizers:
• Recorded the highest volume with 48 million shares traded.
2. Universal Insurance Company:
• Traded 31.2 million shares.
3. Aiico Insurance:
• Traded 30 million shares.
4. Chams:
• Traded 29.7 million shares.
Summary
The trading day showed mixed results, with slight declines in volume and turnover but an increase in the number of deals. The market reflected positive momentum for select stocks, while others experienced notable losses.
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