The Nigerian Stock Exchange (NGX) witnessed a significant slowdown in trading activities at the close of today’s session, with key indicators falling across the board.
A total of 556,106,881 shares were traded in 19,474 deals, corresponding to a market value of ₦18.67 billion.
The figures represent a notable decline compared to the previous trading day (Monday, November 24), with the NGX posting a 20% drop in traded volume, a 35% fall in turnover, and a 19% decline in the number of recorded deals. Despite the slowdown, the market maintained a robust overall valuation, closing with a market capitalisation of ₦92.4 trillion.
A total of 129 listed equities participated in the day’s trading, ending with 26 gainers and 20 losers.
NCR Nigeria led the pack with a 9.98% surge, closing at ₦45.20 per share. It was closely followed by Ikeja Hotel, which appreciated by 9.86%, Prestige Assurance Company (+9.56%), and Eunisell Interlinked (+9.49%), rounding off the list of top-performing stocks.
On the losing end, Union Dicon Salt topped the chart with a 10% decline, closing at ₦6.30 per share. Caverton Offshore Support Group also fell by 10%, while Sunu Assurances Nigeria and Lasaco Assurance shed 4.78% and 4.58% respectively.
In terms of market activity, First HoldCo dominated the session with 93.7 million shares traded. Access Holdings followed with 81.8 million shares, while Fidelity Bank and FCMB Group posted 41.8 million and 38 million traded shares, respectively.
News.ng reports that despite today’s slump in activity, investors continue to monitor market movements closely as the NGX navigates the final trading sessions of the month.
