Nigerian Exchange Limited

NGX Rebounds from Monday Loss, Stock Investors Gained N23 Billion

The Nigerian Exchange Limited (NGX) rebounded from Monday’s negative opening as stock investors gained N23 billion on Tuesday.

Investors traded 110,770,650 shares worth N3.084 billion in 3,305 transactions during the trading hours of Tuesday, against the 141,282,273 shares valued at N1.636 billion exchanged in 3,393 deals Monday.

The market value of listed equities rose by N23 billion from N20.583 trillion recorded on Monday to N20.606 trillion on Tuesday. While the NGX All-Share Index gained 0.11 percent to settle at 39,550.36 index points on Tuesday, up from the 39,505.4 index points posted on Monday.

Honeywell Flour Mills set a new 52-week high at N2.47 to lead gainers with N0.22 or 9.78 percent.  Pharma-Deko Plc followed with N0.11 or 9.24 percent gain to close at N1.30 a unit. See the details below.

Top Gainers 

Symbols Last Close Current Change %Change
HONYFLOUR N 2.25 N 2.47 0.22 9.78 %
PHARMDEKO N 1.19 N 1.30 0.11 9.24 %
WEMABANK N 0.81 N 0.84 0.03 3.70 %
NEIMETH N 1.64 N 1.70 0.06 3.66 %
DANGCEM N 241.60 N 249.60 8.00 3.31 %

Top Losers 

Symbols Last Close Current Change %Change
SCOA N 1.95 N 1.76 -0.19 -9.74 %
NESTLE N 1540.00 N 1400.00 -140.00 -9.09 %
FTNCOCOA N 0.47 N 0.43 -0.04 -8.51 %
CHIPLC N 0.49 N 0.45 -0.04 -8.16 %
LINKASSURE N 0.63 N 0.59 -0.04 -6.35 %

Top Trades

Symbols Volume Value
TRANSCORP 11939905.00 11293127.92
FBNH 11060672.00 81323240.60
OANDO 7307407.00 36378098.69
ACCESS 6190039.00 56333700.50
NAHCO 5387526.00 14199707.04

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Samed Olukoya

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