NGX Trading Summary for Tuesday, January 21, 2025
At the close of trading on Tuesday, January 21, 2025, the Nigerian Exchange (NGX) recorded a total of 439.6 million shares exchanged in 13,087 deals, with a total market turnover of NGN 8.48 billion. This marked a 24% increase in trading volume and a 7% rise in turnover compared to the previous trading session on Monday, January 20. However, the number of deals declined by 6%.
Market Performance & Capitalization
• The market capitalization of the NGX now stands at NGN 63.3 trillion.
• A total of 127 equities participated in trading, with 29 stocks gaining and 28 stocks declining.
Top Gainers & Losers
• Biggest Gainers:
• MTN Nigeria led the gainers, appreciating by 10% to close at NGN 256.30 per share.
• SCOA Nigeria (+9.93%)
• Omatek Ventures (+9.88%)
• Universal Insurance Company (+8.7%)
• Biggest Losers:
• Secure Electronic Technology topped the losers’ chart, declining by 9.88% to close at NGN 0.73 per share.
• Abbey Mortgage Bank (-9.09%)
• Sunu Assurances Nigeria (-8.21%)
• Deap Capital Management & Trust (-7.08%)
Most Traded Stocks by Volume
• Lasaco Assurance led the market in traded volume with 108 million shares exchanged.
• Other top-traded stocks included:
• Access Holdings (44 million shares)
• United Bank for Africa (UBA) (27.9 million shares)
• Zenith Bank (26.7 million shares)
NGX All-Share Index (ASI) & Market Indices
• The NGX All-Share Index (ASI) gained 0.75%, rising by 767.63 points to close at 103,137.99.
At the close of trading on Tuesday, January 21, 2025, the Nigerian Exchange (NGX) recorded a total of 439.6 million shares exchanged in 13,087 deals, with a total market turnover of NGN 8.48 billion. This marked a 24% increase in trading volume and a 7% rise in turnover compared to the previous trading session on Monday, January 20. However, the number of deals declined by 6%.
Market Performance & Capitalization
• The market capitalization of the NGX now stands at NGN 63.3 trillion.
• A total of 127 equities participated in trading, with 29 stocks gaining and 28 stocks declining.
Top Gainers & Losers
• Biggest Gainers:
• MTN Nigeria led the gainers, appreciating by 10% to close at NGN 256.30 per share.
• SCOA Nigeria (+9.93%)
• Omatek Ventures (+9.88%)
• Universal Insurance Company (+8.7%)
• Biggest Losers:
• Secure Electronic Technology topped the losers’ chart, declining by 9.88% to close at NGN 0.73 per share.
• Abbey Mortgage Bank (-9.09%)
• Sunu Assurances Nigeria (-8.21%)
• Deap Capital Management & Trust (-7.08%)
Most Traded Stocks by Volume
• Lasaco Assurance led the market in traded volume with 108 million shares exchanged.
• Other top-traded stocks included:
• Access Holdings (44 million shares)
• United Bank for Africa (UBA) (27.9 million shares)
• Zenith Bank (26.7 million shares)
NGX All-Share Index (ASI) & Market Indices
• The NGX All-Share Index (ASI) gained 0.75%, rising by 767.63 points to close at 103,137.99.
