news-details

NGX recorded N3.48tn transactions in eight months – Report

According to the report, domestic investors dominated the market, accounting for 81.14 per cent of total transactions, while foreign investors accounted for 18.86 per cent.

It stated that the total value of domestic transactions stood at N2.82tn, while foreign transactions amounted to N655.47bn.

In August, the local bourse witnessed a 22.80 per cent decline in total transactions, dropping from N491.61bn in July 2024 to N379.52bn.

Despite the drop, a year-on-year comparison shows a 44.55 per cent increase in total transactions compared to N262.56bn recorded in August 2023.

Further analysis shows that domestic transactions for August totalled N322.05bn, which is a 25.81 per cent decrease from N434.09bn recorded in July.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market