Markets Surge on Monday as Deals Jump Over 50% — Ikeja Hotel, Tantalizers, Beta Glass Lead Gainers
On Monday, May 19, 2025, the Nigerian Exchange (NGX) kicked off the trading week on a strong note, posting significant improvements across all major market indicators.
Key Market Performance
• Volume Traded: 486.1 million shares
• Number of Deals: 24,883 deals
• Market Turnover (Value): ₦11.38 billion
• Market Capitalization: ₦69 trillion
Compared to the previous trading day (Friday, May 16), the market saw:
• 13% increase in trading volume
• 32% rise in turnover
• 52% surge in the number of deals
This indicates heightened investor activity and broader participation in the market.
Market Breadth
• Total Equities Traded: 127
• Gainers: 46 stocks
• Losers: 23 stocks
• Unchanged: 58 stocks
The market closed with a positive breadth, as gainers significantly outnumbered losers.
Top Gainers
1. Ikeja Hotel – rose by +10%, closing at ₦15.40
2. Tantalizers – gained +10%
3. Beta Glass Company – up +9.98%
4. Northern Nigeria Flour Mills – appreciated +9.97%
These stocks led the charge, benefiting from strong investor sentiment and demand.
Top Losers
1. The Initiates Plc – fell -10%, closing at ₦6.12
2. Associated Bus Company – down -9.83%
3. University Press – declined -9.77%
4. FTN Cocoa Processors – dropped -9.65%
These counters faced significant selling pressure, possibly due to profit-taking or weak fundamentals.
Most Active Stocks by Volume
• Access Holdings – 45.1 million shares
• Fidelity Bank – 39.4 million shares
• Guaranty Trust Holding – 32.4 million shares
• Cutix Plc – 24.1 million shares
These high-volume trades suggest strong investor interest in banking and industrial sector stocks.
On Monday, May 19, 2025, the Nigerian Exchange (NGX) kicked off the trading week on a strong note, posting significant improvements across all major market indicators.
Key Market Performance
• Volume Traded: 486.1 million shares
• Number of Deals: 24,883 deals
• Market Turnover (Value): ₦11.38 billion
• Market Capitalization: ₦69 trillion
Compared to the previous trading day (Friday, May 16), the market saw:
• 13% increase in trading volume
• 32% rise in turnover
• 52% surge in the number of deals
This indicates heightened investor activity and broader participation in the market.
Market Breadth
• Total Equities Traded: 127
• Gainers: 46 stocks
• Losers: 23 stocks
• Unchanged: 58 stocks
The market closed with a positive breadth, as gainers significantly outnumbered losers.
Top Gainers
1. Ikeja Hotel – rose by +10%, closing at ₦15.40
2. Tantalizers – gained +10%
3. Beta Glass Company – up +9.98%
4. Northern Nigeria Flour Mills – appreciated +9.97%
These stocks led the charge, benefiting from strong investor sentiment and demand.
Top Losers
1. The Initiates Plc – fell -10%, closing at ₦6.12
2. Associated Bus Company – down -9.83%
3. University Press – declined -9.77%
4. FTN Cocoa Processors – dropped -9.65%
These counters faced significant selling pressure, possibly due to profit-taking or weak fundamentals.
Most Active Stocks by Volume
• Access Holdings – 45.1 million shares
• Fidelity Bank – 39.4 million shares
• Guaranty Trust Holding – 32.4 million shares
• Cutix Plc – 24.1 million shares
These high-volume trades suggest strong investor interest in banking and industrial sector stocks.