NGX Market Summary for Thursday, March 13, 2025
The Nigerian Stock Exchange (NGX) witnessed a mixed trading session today, with a total of 341.7 million shares exchanged in 11,233 deals, amounting to a market value of ₦16.65 billion.
Key Market Highlights:
• Trading Volume Decline: Compared to Wednesday’s session, today saw a 77% drop in traded volume.
• Turnover Surge: Despite lower trading volume, turnover improved by 62%, indicating a shift towards high-value transactions.
• Slight Dip in Deals: The total number of transactions declined by 4% from the previous session.
• Market Capitalization: The NGX currently holds a total market capitalization of ₦66.5 trillion.
Top Gainers:
A total of 36 stocks closed higher today. Leading the gainers were:
1️⃣ UPDC → +9.92% (₦2.77 per share)
2️⃣ International Breweries → +9.62%
3️⃣ Royal Exchange → +9.59%
4️⃣ Multiverse Mining & Exploration → +8.81%
Top Losers:
Among the 20 decliners, the biggest losers were:
1️⃣ University Press → -10% (₦4.32 per share)
2️⃣ Academy Press → -9.66%
3️⃣ Red Star Express → -9.32%
4️⃣ Neimeth International Pharma → -8.33%
Most Traded Stocks (by Volume):
1️⃣ Tantalizers → 29.6 million shares
2️⃣ Access Holdings → 29.2 million shares
3️⃣ Zenith Bank → 28.7 million shares
4️⃣ Guaranty Trust Holding → 26.7 million shares
The session reflected a shift in trading patterns, with lower volumes but stronger turnover. Investors showed interest in select high-value stocks, driving gains in key sectors.
The Nigerian Stock Exchange (NGX) witnessed a mixed trading session today, with a total of 341.7 million shares exchanged in 11,233 deals, amounting to a market value of ₦16.65 billion.
Key Market Highlights:
• Trading Volume Decline: Compared to Wednesday’s session, today saw a 77% drop in traded volume.
• Turnover Surge: Despite lower trading volume, turnover improved by 62%, indicating a shift towards high-value transactions.
• Slight Dip in Deals: The total number of transactions declined by 4% from the previous session.
• Market Capitalization: The NGX currently holds a total market capitalization of ₦66.5 trillion.
Top Gainers:
A total of 36 stocks closed higher today. Leading the gainers were:
1️⃣ UPDC → +9.92% (₦2.77 per share)
2️⃣ International Breweries → +9.62%
3️⃣ Royal Exchange → +9.59%
4️⃣ Multiverse Mining & Exploration → +8.81%
Top Losers:
Among the 20 decliners, the biggest losers were:
1️⃣ University Press → -10% (₦4.32 per share)
2️⃣ Academy Press → -9.66%
3️⃣ Red Star Express → -9.32%
4️⃣ Neimeth International Pharma → -8.33%
Most Traded Stocks (by Volume):
1️⃣ Tantalizers → 29.6 million shares
2️⃣ Access Holdings → 29.2 million shares
3️⃣ Zenith Bank → 28.7 million shares
4️⃣ Guaranty Trust Holding → 26.7 million shares
The session reflected a shift in trading patterns, with lower volumes but stronger turnover. Investors showed interest in select high-value stocks, driving gains in key sectors.