The Nigerian Stock Exchange (NGX) recorded a positive shift in transaction value this week, with investors trading 1.848 billion shares worth N51.387 billion in 63,090 deals—a 3.84% increase compared to last week’s N49.486 billion.
Market Breakdown
Financial Services led the charge, trading 1.296 billion shares worth N26.914 billion in 29,140 deals, contributing 70.13% of total turnover volume.
Services Industry followed with 129.443 million shares valued at N719.218 million in 3,657 deals.
Consumer Goods ranked third, with 116.696 million shares worth N4.185 billion in 7,452 deals.
Top Players
Zenith Bank, FCMB Group, and Access Holdings dominated trading, contributing 29.21% of total volume and 32.16% of value with 539.768 million shares worth N16.528 billion in 7,392 deals.
Market Performance
Despite the surge in transaction value, the NGX All-Share Index fell 0.62%, closing at 107,821.39, while market capitalization dropped to N67.193 trillion.
Some indices, including NGX Oil & Gas (+0.60%), NGX Lotus II (+0.33%), and NGX Sovereign Bond (+0.81%), saw gains, while others declined.
Winners & Losers
Top Decliners:
Sunu Assurances, Euni Interlinked, Learn Africa, Guinea Insurance, and International Energy Insurance recorded losses, shedding between N0.12 and N2.25 each.
Top Gainers:
PZ Cussons Nigeria, Caverton Offshore, Livestock Feeds, UH Real Estate Investment Trust, and Associated Bus Company led the gainers, rising between 15.45% and 31.1%, adding up to N8.40 per share increase.
Despite mixed performance across sectors, investor activity remains strong, signaling sustained interest in the Nigerian stock market.
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