Trading activities across major African stock markets ended on a mixed note at the close of today’s session, with gains in volume and turnover recorded in Nigeria, Kenya, and South Africa, while Ghana posted a noticeable slowdown.
News.ng reports that on the Nigerian Exchange (NGX), market activity showed modest improvement. A total of 822.7 million shares were traded in 43,514 deals, with a combined value of ₦24.93 billion.
On Tuesday, trading volume rose by 3 per cent, while turnover advanced by a stronger 25 per cent. However, the number of deals declined by 4 per cent, suggesting larger-value trades but slightly reduced market participation. The NGX’s total market capitalisation currently stands at ₦106.5 trillion, underscoring the exchange’s growing size despite mixed intraday indicators.
The Nairobi Securities Exchange (NSE) recorded a robust rebound in activity. Investors exchanged 19.17 million shares across 5,526 deals, valued at KES 901.05 million. Relative to the previous session, trading volume surged by 65 per cent, while turnover jumped sharply by 169 per cent, reflecting increased investor interest and higher-value transactions. Deals, however, dipped marginally by 5 per cent. The NSE’s market capitalisation closed at KES 3.05 trillion.
In South Africa, the Johannesburg Stock Exchange (JSE) delivered a strong performance across all key indicators. Trading volume climbed by 40 percent to 318.99 million shares, executed in 367,838 deals and valued at ZAR 27.94 billion. Turnover rose by 39 per cent, while the number of deals increased by 24 per cent, pointing to broad-based market participation. The JSE remains Africa’s largest exchange by value, with a market capitalisation of ZAR 23.9 trillion.
In contrast, the Ghana Stock Exchange (GSE) experienced a quieter session. A total of 1.14 million shares were traded, with a market value of GHS 4.56 million. Compared with the previous trading day, volume declined by 54 per cent, while turnover fell by 48 per cent, reflecting subdued investor activity. Despite the slowdown, the GSE’s market capitalisation remains steady at GHS 177.9 billion.
Overall, today’s trading highlights uneven momentum across African equity markets, with stronger activity in Nigeria, Kenya, and South Africa offset by softer conditions in Ghana.
Market watchers note that while turnover gains signal selective investor confidence, fluctuations in deal counts suggest cautious positioning amid evolving economic and policy signals across the continent.
