NGXGROUP - Nigerian Exchange Group
Nigerian Exchange Group Plc (NGX Group, formerly known as the Nigerian Stock Exchange) is a leading integrated market infrastructure in Africa. The group services the largest economy in Africa as it strengthens the competitiveness of African economies to achieve global prosperity. As a key player in the continent’s financial markets, NGX takes an active role in shaping the future of the markets through its investment in business innovation and technology.
NGX Group provides a wide range of services including listing and trading securities, licensing, market data solutions, ancillary technology, regulation, real estate, and more through its wholly-owned subsidiaries, namely, NGX Exchange, NGX REGCO, and NGX RELCO. The Group is also invested in the financial infrastructure space with investments in NG Clearing Limited, Central Securities and Clearing Systems (CSCS), OTC platforms, and three fintech companies.
Nigerian Exchange Group is listed on the Nigerian Stock Exchange (NGX) since October 15th, 2021. Nigerian Exchange is traded on the NGX under the ticker symbol “NGXGROUP”. The International Securities Identification Number (ISIN) of NGX:NGXGROUP is NGNGXGROUP09. Nigerian Exchange Group is currently the 50th most valuable stock on the NGX with a market capitalization of NGN 49 billion, which is about 0.084% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 328,238 |
| Number of Deals | 31 |
| Gross Turnover | 8.15M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.96B |
| Market Capitalization | 49B |
NGXGROUP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +16.1% | +21.7% | +17.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| +2.04% | +12.1% | +6.17% |
The current share price of Nigerian Exchange Group (NGXGROUP) is NGN 24.95. NGXGROUP closed its last trading day (Wednesday, November 6, 2024) at 24.95 NGN per share on the Nigerian Stock Exchange (NGX). Nigerian Exchange began the year with a share price of 23.50 NGN and has since gained 6.17% on that price valuation, ranking it 83rd on the NGX in terms of year-to-date performance. Shareholders can be optimistic about NGXGROUP knowing the stock has accrued 22% over the past four-week period alone—10th best on NGX.
Nigerian Exchange Group is the 64th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 8 - Nov 6, 2024). NGXGROUP has traded a total volume of 63.7 million shares—in 2,238 deals—valued at NGN 1.4 billion over the period, with an average of 1.01 million traded shares per session. A volume high of 8.64 million was achieved on September 30th, and a low of 12,068 on October 23rd, for the same period. The table below details the last 10 trading days of activity of Nigerian Exchange on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-06 | 328,238 | 24.95 | ||
| 2024-11-05 | 2,701,344 | 24.95 | +1.45 | +6.17% |
| 2024-11-04 | 4,136,445 | 23.50 | +0.50 | +2.17% |
| 2024-11-01 | 1,881,464 | 23.00 | +0.05 | +0.22% |
| 2024-10-31 | 7,959,223 | 22.95 | +1.45 | +6.74% |
| 2024-10-30 | 682,928 | 21.50 | -1.95 | -8.32% |
| 2024-10-29 | 71,059 | 23.45 | ||
| 2024-10-28 | 752,252 | 23.45 | +0.45 | +1.96% |
| 2024-10-25 | 410,435 | 23.00 | +0.60 | +2.68% |
| 2024-10-24 | 468,421 | 22.40 |
Profile of Nigerian Exchange Group Plc
Nigerian Exchange Group Plc was founded on September 15, 1960 and operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of Nigerian Exchange Group Plc
- Sector
- Financials
- Industry
- Investment Services
- Address
- NGX House, 2-4 Customs Street, Lagos, Nigeria
- Telephone
- +234-700-225-5673
- Website
- ngxgroup.com
NGXGROUP Industrial Market Competitors
Nigerian Exchange Group Plc, issuers of the NGXGROUP stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| AVAIF | Ava Infrastructure Fund | 4.08B | 1,000,000.00 | |
| VERITASKAP | Veritas Kapital Assurance Plc | 18.2B | 1.31 | +254% |
| DEAPCAP | Deap Capital Management & Trust | 1.77B | 1.18 | +103% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 12.1B | 2.09 | +90% |
| CORNERST | Cornerstone Insurance Company | 47.4B | 2.61 | +86.4% |
| SFSREIT | Skye Shelter Fund Plc | 3.59B | 179.45 | +77.1% |
| GUINEAINS | Guinea Insurance | 3.57B | 0.45 | +55.2% |
| AIICO | Aiico Insurance Plc | 43.2B | 1.18 | +47.5% |
| WEMABANK | Wema Bank | 171B | 8.00 | +42.9% |
| SOVRENINS | Sovereign Trust Insurance | 8.39B | 0.59 | +40.5% |