NGX Trading Summary – Monday, February 17, 2025
The Nigerian Exchange (NGX) started the week on a positive note, recording 511.1 million shares traded in 17,095 deals, valued at NGN 12.81 billion.
Market Performance vs. Previous Trading Day (Friday, Feb 14):
• Volume traded: ⬆ 7% increase
• Turnover (Market Value): ⬇ 8% decline
• Number of Deals: ⬆ 9% increase
The total market capitalization stood at NGN 67.4 trillion, reflecting investor confidence despite mixed performances among listed equities.
Top Gainers – 20 Stocks in Green
• Nigerian Breweries led the pack with a 10% gain, closing at NGN 36.30 per share.
• Cadbury Nigeria followed closely with a 9.97% increase.
• The Initiates (+9.88%) and International Energy Insurance (+9.87%) also made significant gains.
Top Losers – 42 Stocks in Red
• Ikeja Hotel recorded the highest decline, shedding 10% to close at NGN 12.60 per share.
• Learn Africa also dropped by 10%.
• Cornerstone Insurance (-9.8%) and UPDC (-9.79%) followed closely behind.
Most Traded Stocks (By Volume)
1️⃣ Access Holdings – 144 million shares traded
2️⃣ Aiico Insurance – 24.6 million shares
3️⃣ UPDC – 20.4 million shares
4️⃣ Fidelity Bank – 19.9 million shares
Market Overview
• Trading activity showed an increase in volume and deals, indicating heightened investor participation.
• Despite a decline in turnover, the overall market sentiment remained mixed, with more stocks declining than gaining.
• The market awaits key economic and corporate developments that could influence sentiment in the coming days.
Stay tuned for more updates on NGX performance!
The Nigerian Exchange (NGX) started the week on a positive note, recording 511.1 million shares traded in 17,095 deals, valued at NGN 12.81 billion.
Market Performance vs. Previous Trading Day (Friday, Feb 14):
• Volume traded: ⬆ 7% increase
• Turnover (Market Value): ⬇ 8% decline
• Number of Deals: ⬆ 9% increase
The total market capitalization stood at NGN 67.4 trillion, reflecting investor confidence despite mixed performances among listed equities.
Top Gainers – 20 Stocks in Green
• Nigerian Breweries led the pack with a 10% gain, closing at NGN 36.30 per share.
• Cadbury Nigeria followed closely with a 9.97% increase.
• The Initiates (+9.88%) and International Energy Insurance (+9.87%) also made significant gains.
Top Losers – 42 Stocks in Red
• Ikeja Hotel recorded the highest decline, shedding 10% to close at NGN 12.60 per share.
• Learn Africa also dropped by 10%.
• Cornerstone Insurance (-9.8%) and UPDC (-9.79%) followed closely behind.
Most Traded Stocks (By Volume)
1️⃣ Access Holdings – 144 million shares traded
2️⃣ Aiico Insurance – 24.6 million shares
3️⃣ UPDC – 20.4 million shares
4️⃣ Fidelity Bank – 19.9 million shares
Market Overview
• Trading activity showed an increase in volume and deals, indicating heightened investor participation.
• Despite a decline in turnover, the overall market sentiment remained mixed, with more stocks declining than gaining.
• The market awaits key economic and corporate developments that could influence sentiment in the coming days.
Stay tuned for more updates on NGX performance!