NGX Trading Summary – Friday, March 7, 2025

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Olori Uwem

Well-Known Member
Mar 18, 2024
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NGX Trading Summary – Friday, March 7, 2025

At the close of trading on Friday, March 7, 2025, the Nigerian Exchange (NGX) recorded significant trading activity across various listed equities. Below is a breakdown of today’s performance.

Key Trading Metrics
• Total Volume Traded: 349,185,222 shares
• Total Number of Deals: 11,911
• Total Market Value: NGN 9,735,579,005.27
• Market Capitalization: NGN 66.7 trillion

Market Performance vs. Previous Day (Thursday, March 6, 2025)
• Trading volume declined by 7% compared to the previous trading day.
• Turnover (market value) dropped by 4%.
• Number of deals increased by 4%, indicating more trading activity despite the lower volume and turnover.

Market Breadth

A total of 126 equities participated in trading. Out of these:
• 34 stocks gained in value (bullish trend).
• 18 stocks declined (bearish trend).
• The remaining stocks were unchanged.

Top Gainers (Best Performing Stocks)

These stocks recorded the highest percentage increases in share price:
1️⃣ Livestock Feeds Plc (+9.87%) → Closed at NGN 8.35 per share.
2️⃣ Honeywell Flour Mill Plc (+9.8%).
3️⃣ Eunisell Interlinked Plc (+9.69%).
4️⃣ May & Baker Nigeria Plc (+9.66%).

Top Losers (Worst Performing Stocks)

These stocks saw the biggest percentage declines:
1️⃣ Ikeja Hotel Plc (-9.7%) → Closed at NGN 10.70 per share.
2️⃣ Transcorp Nigeria Plc (-9.46%).
3️⃣ FCMB Group Plc (-7.61%).
4️⃣ Caverton Offshore Support Group Plc (-5.8%).

Most Actively Traded Stocks (Highest Volume Traded)

These stocks had the highest number of shares traded during the session:
1️⃣ Zenith Bank Plc → 42.2 million shares traded.
2️⃣ Fidelity Bank Plc → 35.9 million shares traded.
3️⃣ Access Holdings Plc → 31.5 million shares traded.
4️⃣ United Bank for Africa (UBA) Plc → 24 million shares traded.

Market Outlook

Today’s session showed a mixed performance, with trading volume and turnover declining slightly, while the number of deals increased. The banking sector remained dominant in trading activity, with stocks like Zenith Bank, Fidelity Bank, and UBA recording the highest trading volumes.

The market capitalization remains strong at NGN 66.7 trillion, reflecting investors’ continued confidence in the NGX. Investors should closely monitor gainers and losers for potential market opportunities.

Stay informed and trade wisely!