NGX Market Recap: March 11, 2025 – Decline in Turnover as Livestock Feeds Tops Gainers
Market Performance Overview
At the close of trading on the Nigerian Exchange (NGX) for Tuesday, March 11, 2025, a total of 324.59 million shares were traded in 12,652 deals, with a combined market value of ₦7.92 billion.
Key Market Indicators (Compared to Monday, March 10, 2025)
• Trading Volume: 324.59M shares (↓ 11%)
• Turnover (Market Value): ₦7.92B (↓ 55%)
• Number of Deals: 12,652 (↓ 13%)
• Market Capitalization: ₦66.5 trillion
Despite the decline in turnover and volume, 127 equities participated in the session, with 23 gainers and 31 losers.
Top Gainers of the Day
• Livestock Feeds Plc → +9.93% to ₦9.85
• Cornerstone Insurance → +9.25%
• International Energy Insurance → +8.99%
• Smart Products Nigeria → +8.33%
Top Losers of the Day
• MeCure Industries → -10.00% to ₦11.25
• Associated Bus Company → -7.98%
• Daar Communications → -7.46%
• Guinea Insurance → -7.35%
Most Actively Traded Stocks (by Volume)
• Fidelity Bank → 29.4M shares
• Access Holdings → 28.3M shares
• Guaranty Trust Holding → 28.1M shares
• Zenith Bank → 22.4M shares
Market Outlook
The market experienced a slowdown in trading activity, reflecting cautious sentiment among investors. However, strong performances by stocks like Livestock Feeds and Cornerstone Insurance indicate selective interest in specific sectors.
Will market activity rebound in the coming sessions? Share your thoughts below!
Market Performance Overview
At the close of trading on the Nigerian Exchange (NGX) for Tuesday, March 11, 2025, a total of 324.59 million shares were traded in 12,652 deals, with a combined market value of ₦7.92 billion.
Key Market Indicators (Compared to Monday, March 10, 2025)
• Trading Volume: 324.59M shares (↓ 11%)
• Turnover (Market Value): ₦7.92B (↓ 55%)
• Number of Deals: 12,652 (↓ 13%)
• Market Capitalization: ₦66.5 trillion
Despite the decline in turnover and volume, 127 equities participated in the session, with 23 gainers and 31 losers.
Top Gainers of the Day
• Livestock Feeds Plc → +9.93% to ₦9.85
• Cornerstone Insurance → +9.25%
• International Energy Insurance → +8.99%
• Smart Products Nigeria → +8.33%
Top Losers of the Day
• MeCure Industries → -10.00% to ₦11.25
• Associated Bus Company → -7.98%
• Daar Communications → -7.46%
• Guinea Insurance → -7.35%
Most Actively Traded Stocks (by Volume)
• Fidelity Bank → 29.4M shares
• Access Holdings → 28.3M shares
• Guaranty Trust Holding → 28.1M shares
• Zenith Bank → 22.4M shares
Market Outlook
The market experienced a slowdown in trading activity, reflecting cautious sentiment among investors. However, strong performances by stocks like Livestock Feeds and Cornerstone Insurance indicate selective interest in specific sectors.
Will market activity rebound in the coming sessions? Share your thoughts below!