NGX Trading Summary – Wednesday, June 4, 2025

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Olori Uwem

Well-Known Member
Mar 18, 2024
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NGX Trading Summary – Wednesday, June 4, 2025

Total Market Activity Slightly Down Despite Select Stock Gains

Market Overview
• Volume Traded: 601.53 million shares
• Total Deals: 13,682
• Market Turnover: ₦15.94 billion
• Market Cap: ₦71.1 trillion

Comparison with Previous Day (Tuesday, June 3):
• Volume: ↓ 3%
• Turnover: ↓ 1%
• Deals: ↓ 20%

Interpretation: Wednesday’s session saw moderate cooling in market activity across all major indicators—possibly due to midweek profit-taking or cautious trading amid sectoral volatility.

Market Breadth
• Total Equities Traded: 128
• Gainers: 32
• Losers: 21
• Unchanged: 75

Market breadth remains positive, with more gainers than losers, suggesting selective investor interest and stock-specific rallies.

Top Gainers

Stock % Change Closing Price
Oando +10.00% ₦51.70
️ Union Homes REIT +9.96% N/A
Royal Exchange +8.64% N/A
Legend Internet +7.27% N/A

Oando hit a 10% ceiling again, maintaining its bullish streak and dominating market sentiment.

Top Losers

Stock % Change Closing Price
NCR Nigeria -9.89% ₦5.92
Associated Bus Co. -9.83% N/A
Meyer -9.63% N/A
Academy Press -9.58% N/A

⚠️ Heavy profit-taking and possible sentiment shift saw these counters tumble sharply, with NCR Nigeria leading the losers.

Most Traded Stocks by Volume

Stock Volume Traded
Fidelity Bank 93.5 million shares
GTCO 87.2 million shares
️ Royal Exchange 73.1 million shares
UBA 57.1 million shares

Banking and finance stocks continue to dominate volume activity, reflecting sustained investor confidence and sectoral liquidity.

Key Takeaway

Despite the slight drop in overall market activity, market breadth remained positive and volume was driven by key financial stocks. Oando’s continued surge keeps it in sharp investor focus, while selloffs in select small-to-mid caps weigh on sentiment in those segments.