NGX Trading Summary – Thursday, March 27, 2025
At the close of today’s trading session on the Nigerian Exchange (NGX), a total of 423.6 million shares were traded in 11,393 deals, with a market turnover of ₦9.18 billion. The current market capitalization stands at ₦66.1 trillion.
Compared to the previous trading day (March 26, 2025), today’s trading volume declined by 67%, market turnover fell by 27%, but the number of deals increased by 4%, indicating a shift in trading patterns.
Top Gainers – Stocks That Performed Best Today
The stock with the highest price appreciation today was The Initiates Plc (TIP), which gained 9.85%, closing at ₦4.46 per share. Other top gainers include Mutual Benefits Assurance (MBENEFIT) and Universal Insurance (UNIVINSURE), both rising by 9.09%. Royal Exchange (ROYALEX) also had a strong performance, gaining 8.99%.
Top Losers – Stocks That Declined the Most
On the losing side, John Holt Plc (JOHNHOLT) had the worst performance, dropping 10% to close at ₦7.74 per share. Chams Plc (CHAMS) fell by 8.52%, while Secure Electronic Technology (NSLTECH) declined by 8.47%. May & Baker Nigeria (MAYBAKER) also recorded a loss of 7.95%.
Most Traded Stocks by Volume
Access Holdings (ACCESSCORP) recorded the highest trading volume, with 65 million shares exchanged. Zenith Bank (ZENITHBANK) followed closely with 41.5 million shares traded, while Fidelity Bank (FIDELITYBK) saw 40.7 million shares change hands. Secure Electronic Technology (NSLTECH) was also among the most traded stocks, with 38.4 million shares traded.
Market Insights & Investor Takeaways
Despite the significant drop in trading volume and turnover, the increase in the number of deals suggests active participation by investors. The market capitalization remains strong at ₦66.1 trillion, reflecting overall market stability. Banking stocks led in trading volume, reinforcing investor confidence in the financial sector.
Investors should monitor stocks with significant price movements, as they may present opportunities for profit-taking or further accumulation. The increase in deals despite a lower volume of shares traded signals a potential shift in market sentiment.
Stay updated and make informed investment decisions!
At the close of today’s trading session on the Nigerian Exchange (NGX), a total of 423.6 million shares were traded in 11,393 deals, with a market turnover of ₦9.18 billion. The current market capitalization stands at ₦66.1 trillion.
Compared to the previous trading day (March 26, 2025), today’s trading volume declined by 67%, market turnover fell by 27%, but the number of deals increased by 4%, indicating a shift in trading patterns.
Top Gainers – Stocks That Performed Best Today
The stock with the highest price appreciation today was The Initiates Plc (TIP), which gained 9.85%, closing at ₦4.46 per share. Other top gainers include Mutual Benefits Assurance (MBENEFIT) and Universal Insurance (UNIVINSURE), both rising by 9.09%. Royal Exchange (ROYALEX) also had a strong performance, gaining 8.99%.
Top Losers – Stocks That Declined the Most
On the losing side, John Holt Plc (JOHNHOLT) had the worst performance, dropping 10% to close at ₦7.74 per share. Chams Plc (CHAMS) fell by 8.52%, while Secure Electronic Technology (NSLTECH) declined by 8.47%. May & Baker Nigeria (MAYBAKER) also recorded a loss of 7.95%.
Most Traded Stocks by Volume
Access Holdings (ACCESSCORP) recorded the highest trading volume, with 65 million shares exchanged. Zenith Bank (ZENITHBANK) followed closely with 41.5 million shares traded, while Fidelity Bank (FIDELITYBK) saw 40.7 million shares change hands. Secure Electronic Technology (NSLTECH) was also among the most traded stocks, with 38.4 million shares traded.
Market Insights & Investor Takeaways
Despite the significant drop in trading volume and turnover, the increase in the number of deals suggests active participation by investors. The market capitalization remains strong at ₦66.1 trillion, reflecting overall market stability. Banking stocks led in trading volume, reinforcing investor confidence in the financial sector.
Investors should monitor stocks with significant price movements, as they may present opportunities for profit-taking or further accumulation. The increase in deals despite a lower volume of shares traded signals a potential shift in market sentiment.
Stay updated and make informed investment decisions!