NGX Market Recap: Trading Activity Soars as Investors Rally on Monday, March 10, 2025
The Nigerian Exchange (NGX) kicked off the trading week on a strong note, recording significant improvements across key trading metrics.
Key Highlights of Monday’s Trading Session:
• Total Volume Traded: 364.97 million shares
• Total Deals Executed: 14,565
• Market Turnover: NGN 17.63 billion
• Market Capitalization: NGN 66.8 trillion
Compared to the previous trading session on Friday, March 7, 2025, the NGX witnessed:
✅ 5% increase in trading volume
✅ 81% jump in market turnover
✅ 22% rise in the number of deals executed
Market Performance Overview:
A total of 126 stocks were actively traded on Monday, with 32 gainers and 27 losers.
Top Gainers:
1️⃣ Eterna Plc → +9.96% to NGN 37.55 per share
2️⃣ Transcorp Nigeria → +9.91%
3️⃣ FCMB Group → +9.89%
4️⃣ Africa Prudential → +9.85%
Top Losers:
1️⃣ VFD Group → -9.92% to NGN 47.20 per share
2️⃣ International Energy Insurance → -8.72%
3️⃣ Cadbury Nigeria → -8.00%
4️⃣ Cornerstone Insurance → -7.89%
Most Traded Stocks (By Volume):
Fidelity Bank led the market with 56.4 million shares exchanged. Other actively traded stocks included:
• Access Holdings → 30.4 million shares
• Zenith Bank → 27.6 million shares
• Africa Prudential → 23.3 million shares
The market showed strong momentum, with increased investor participation driving a notable uptick in trading activity. Investors will be watching closely to see if this positive trend continues throughout the week.
The Nigerian Exchange (NGX) kicked off the trading week on a strong note, recording significant improvements across key trading metrics.
Key Highlights of Monday’s Trading Session:
• Total Volume Traded: 364.97 million shares
• Total Deals Executed: 14,565
• Market Turnover: NGN 17.63 billion
• Market Capitalization: NGN 66.8 trillion
Compared to the previous trading session on Friday, March 7, 2025, the NGX witnessed:
✅ 5% increase in trading volume
✅ 81% jump in market turnover
✅ 22% rise in the number of deals executed
Market Performance Overview:
A total of 126 stocks were actively traded on Monday, with 32 gainers and 27 losers.
Top Gainers:
1️⃣ Eterna Plc → +9.96% to NGN 37.55 per share
2️⃣ Transcorp Nigeria → +9.91%
3️⃣ FCMB Group → +9.89%
4️⃣ Africa Prudential → +9.85%
Top Losers:
1️⃣ VFD Group → -9.92% to NGN 47.20 per share
2️⃣ International Energy Insurance → -8.72%
3️⃣ Cadbury Nigeria → -8.00%
4️⃣ Cornerstone Insurance → -7.89%
Most Traded Stocks (By Volume):
Fidelity Bank led the market with 56.4 million shares exchanged. Other actively traded stocks included:
• Access Holdings → 30.4 million shares
• Zenith Bank → 27.6 million shares
• Africa Prudential → 23.3 million shares
The market showed strong momentum, with increased investor participation driving a notable uptick in trading activity. Investors will be watching closely to see if this positive trend continues throughout the week.