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 34th most valuable stock on the NGX with a market capitalization of NGN 54 billion, which is about 0.183% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 26.70 |
| Day’s High Price | 27.95 |
| Traded Volume | 25.4M |
| Number of Deals | 60 |
| Gross Turnover | 685M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.96B |
| Market Capitalization | 54B |
NGXGROUP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.79% | +1.48% | +10% |
| 6MO | 1YR | YTD |
|---|---|---|
| +37.5% | +12.7% | +9.78% |
The current share price of Nigerian Exchange Group (NGXGROUP) is NGN 27.50. NGXGROUP closed its last trading day (Friday, March 31, 2023) at 27.50 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.8% drop from its previous closing price of 28.00 NGN. Nigerian Exchange began the year with a share price of 25.05 NGN and has since gained 9.78% on that price valuation, ranking it 41st on the NGX in terms of year-to-date performance.
Nigerian Exchange Group is the 18th most traded stock on the Nigerian Stock Exchange over the past three months (Jan 4 - Mar 31, 2023). NGXGROUP has traded a total volume of 195 million shares—in 2,232 deals—valued at NGN 5.21 billion over the period, with an average of 3.1 million traded shares per session. A volume high of 38.2 million was achieved on March 13th, and a low of 100 on February 20th, 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% |
|---|---|---|---|---|
| 2023-03-31 | 25,398,851 | 27.50 | -0.50 | -1.79% |
| 2023-03-30 | 818,320 | 28.00 | +1.20 | +4.48% |
| 2023-03-29 | 2,043,826 | 26.80 | -1.20 | -4.29% |
| 2023-03-28 | 735,167 | 28.00 | ||
| 2023-03-27 | 327,748 | 28.00 | ||
| 2023-03-24 | 7,229,777 | 28.00 | ||
| 2023-03-23 | 152,944 | 28.00 | ||
| 2023-03-22 | 1,702,908 | 28.00 | +0.10 | +0.36% |
| 2023-03-21 | 5,011,510 | 27.90 | +0.05 | +0.18% |
| 2023-03-20 | 27,642 | 27.85 |
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 |
|---|---|---|---|---|
| INTENEGINS | International Energy Insurance | 1.66B | 1.29 | +239% |
| LIVINGTRUST | LivingTrust Mortgage Bank | 14.9B | 2.98 | +86.3% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 3.02B | 0.52 | +79.3% |
| LASACO | Lasaco Assurance | 2.02B | 1.10 | +26.4% |
| REGALINS | Regency Alliance Insurance | 2.07B | 0.31 | +24% |
| FIDELITYBK | Fidelity Bank Plc | 155B | 5.35 | +23% |
| MBENEFIT | Mutual Benefits Assurance | 6.42B | 0.32 | +18.5% |
| STERLNBANK | Sterling Bank | 46.1B | 1.60 | +14.3% |
| NPFMCRFBK | NPF Microfinance Bank | 11.4B | 1.90 | +12.4% |
| STANBIC | Stanbic IBTC Holdings | 487B | 37.60 | +12.4% |