Trading activities across major African stock exchanges closed on a mixed note today, with the Nigerian Stock Exchange (NGX) experiencing declines, while markets in Nairobi, Accra, and Johannesburg recorded notable improvements in key indicators.
On the NGX, a total of 517,239,669 shares were traded in 27,287 deals, valued at ₦15.97 billion. This reflects a 24% drop in volume, a 22% decline in turnover, and an 18% fall in the number of deals compared to Tuesday, November 4.
Despite the reduced activity, market capitalisation stood strong at ₦95.7 trillion.
In contrast, the Nairobi Securities Exchange (NSE) recorded a significant rebound. The market closed with 24,701,198 shares traded in 5,530 deals, worth KES 671.53 million. This marks a 72% surge in volume and a 121% increase in turnover, although deals fell slightly by 1%. The NSE’s market capitalisation currently sits at KES 2.99 trillion.
The Ghana Stock Exchange (GSE) also witnessed stronger market sentiment. A total of 573,828 shares were traded, valued at GHS 1.82 million — representing a 13% increase in volume and a 95% rise in turnover from the previous session. The GSE’s market capitalisation stands at GHS 165.2 billion.
Meanwhile, the Johannesburg Stock Exchange (JSE) posted moderate gains in activity. The day closed with 330,594,769 shares exchanged in 323,305 deals, valued at ZAR 27.34 billion. Compared to the previous session, this reflects a 3% improvement in volume and 6% growth in turnover, though the number of deals dropped by 21%. The JSE’s market capitalisation currently stands at ZAR 22.7 trillion.
News.ng reports that, overall, the day’s results highlight diverging investor sentiments across the continent — with some markets regaining momentum while others show signs of cautious trading.
