NGX TRADING SUMMARY – Thursday, May 22, 2025

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Olori Uwem

Well-Known Member
Mar 18, 2024
1,240
72
48
NGX TRADING SUMMARY – Thursday, May 22, 2025

Market Wrap-up
At the close of today’s trading session on the Nigerian Exchange (NGX):
• ✅ Volume Traded: 746.95 million shares
• ✅ Number of Deals: 26,174
• ✅ Market Turnover: ₦18.20 billion
• ✅ Market Capitalization: ₦68.6 trillion

Performance vs Previous Day (Wednesday, May 21):
• Volume: +12%
• Turnover (Value): +40%
• Number of Deals: +35%
➡️ Takeaway: Stronger market activity today, with more shares exchanged, higher cash flow, and a greater number of deals.

Market Breadth
Out of 128 equities that traded today:
• Gainers: 22
• Losers: 36
• ⚖️ Unchanged/Neutral: 70
➡️ Sentiment: Slightly bearish, with more decliners than advancers.

Top Gainers
These stocks led the positive momentum with impressive price increases:

Stock % Gain Closing Price
Union Homes Real Estate Inv. +9.97% ₦50.75
Red Star Express +9.91% —
RT Briscoe +9.57% —
️ Sovereign Trust Insurance +9.38% —

➡️ Insight: These stocks may have benefited from bullish sentiment, positive earnings, or sector-specific news.

Top Losers
These stocks experienced the most significant price drops:

Stock % Loss Closing Price
Chellarams -9.96% ₦11.75
May & Baker Nigeria -9.96% —
️ Linkage Assurance -9.88% —
Omatek Ventures -8.82% —

➡️ Insight: The losses could indicate profit-taking, weaker fundamentals, or negative market reactions.

Top Traded Stocks by Volume
These equities were the most actively traded in terms of volume:

Stock Volume Traded
Fidelity Bank 137 million shares
Japaul Gold & Ventures 81.7 million shares
United Bank for Africa (UBA) 60.8 million shares
Tantalizers 43.5 million shares

➡️ Insight: High volumes may signal investor interest, speculation, or institutional activity.

Key Takeaways for Investors:
• Improved trading activity points to renewed interest and confidence in the market.
• However, a bearish sentiment persists with more losers than gainers.
• Investors should keep an eye on the banking, insurance, and consumer goods sectors, where most top-volume and price movements were recorded.