Valmon Securities

  • Feb 9th, 2024  •  4 mins read

    Dangote Cement and MTN Nigeria lose N1.878 trillion amid massive selloffs

    Dangote Cement Plc and MTN Nigeria Plc recorded a combined loss of about N1.878 trillion at the end of Monday’s trading session as the domestic bourse came under selling pressure.

    Dangote Cement

    DAILY MARKET SUMMARY

    NGX TRADING SUMMARY FOR WEDNESDAY, 31ST JULY, 2024

     

    At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 1.838billion shares were traded in 10,847deals, amounting to a market value of NGN23.114billion. Compared with the previous trading day (Tuesday July 30), today’s data shows a 360% increase in volume, a 189% increase in value and a 4% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN55.51trillion, while the All-Share Index (ASI) closed at 97,774.22 Basis points, decrease 56.43Basis Points, representing a 0.06% decrease, and a YTD increase of 3 1.70 % as against the previous trading day’s close of 97,830.65Basis points.