NGXGROUP - Nigerian Exchange Group

Nov 21, 2024 at 14:32 Twitter · Facebook

NGXGROUP share price on Nigerian Stock Exchange

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 49th most valuable stock on the NGX with a market capitalization of NGN 49.1 billion, which is about 0.083% of the Nigerian Stock Exchange equity market.

NGXGROUP Stock Market Performance

The current share price of Nigerian Exchange Group (NGXGROUP) is NGN 25.00. NGXGROUP closed its last trading day (Thursday, November 21, 2024) at 25.00 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 6.38% on that price valuation, ranking it 86th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about NGXGROUP knowing the stock has accrued 12% over the past four-week period—22nd best on NGX.

Nigerian Exchange Group is the 58th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 23 - Nov 21, 2024). NGXGROUP has traded a total volume of 81.1 million shares—in 2,388 deals—valued at NGN 1.84 billion over the period, with an average of 1.29 million traded shares per session. A volume high of 12.2 million was achieved on November 20th, 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.

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.

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.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange