ALERT: Again, NEM Trades 52.18% of Total Market Volume Today

Proshare

Wednesday, August 29, 2018 / 03:54 PM / Proshare Research                                   

At the closing of trading today, a total volume of 180.06mln units of shares of NEM Plc valued at N540.13mln was traded. Similarly, It will be recalled that NEM Plc traded 34.86% of total market volume on August 17, 2018 as reported here

Today’s transaction  represents 52.18% of the total market volumes of 345.06mln and while the value of  NEM shares traded represents 23.82% of the total market value traded which was put at N2.27bn.

Furthermore, the volume traded represents 3.41% of NEM’s total shares outstanding put at 5.29bn shares while the value of the shares traded also represents 3.41% of NEM’s market capitalisation as at August 29, 2018. 

A comparison of NEM’s today’s volume traded with the previous day’s trading volume revealed that it went up by 31975%. 

Proshare Nigeria Pvt. Ltd.

 

The share price of NEM Plc closed flat at N3.00k at the close of trading today.

Proshare Nigeria Pvt. Ltd.


 Proshare Nigeria Pvt. Ltd.


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