NGX Trading Summary for Friday, February 14, 2025
At the close of trading on the Nigerian Stock Exchange (NGX) on Friday, February 14, 2025, the market recorded notable improvements in volume and turnover, though the number of deals declined slightly compared to the previous trading day.
Market Performance Overview:
• Total Volume Traded: 478,758,200 shares
• Total Number of Deals: 15,613
• Total Market Turnover: NGN 13.91 billion
• Market Capitalization: NGN 67.4 trillion
Comparison with Previous Trading Day (Thursday, February 13, 2025):
• Trading Volume: +12% increase
• Market Turnover: +51% increase
• Number of Deals: -4% decline
Gainers and Losers
Out of 125 equities that participated in trading, 38 stocks gained, while 28 stocks declined.
Top Gainers:
1. Royal Exchange (ROYAL) → +10% (NGN 0.99 per share)
2. UPDC → +9.88%
3. The Initiates (TIP) → +9.76%
4. Red Star Express (REDSTAREX) → +9.09%
Top Losers:
1. BUA Foods (BUAF) → -10% (NGN 373.50 per share)
2. Daar Communications (DAARCOMM) → -9.09%
3. Aradel Holdings (ARADEL) → -6.90%
4. Livestock Feeds (LIVESTOCK) → -6.09%
Most Traded Stocks by Volume:
1. Sterling Bank (STERLINGNG) → 88.6 million shares
2. Access Holdings (ACCESSCORP) → 29.7 million shares
3. Veritas Kapital Assurance (VERITASKAP) → 21.6 million shares
4. Aiico Insurance (AIICO) → 20.1 million shares
Overall, the market showed strong liquidity, with significant gains in trading volume and turnover. However, the decline in the number of deals suggests some caution among investors.
At the close of trading on the Nigerian Stock Exchange (NGX) on Friday, February 14, 2025, the market recorded notable improvements in volume and turnover, though the number of deals declined slightly compared to the previous trading day.
Market Performance Overview:
• Total Volume Traded: 478,758,200 shares
• Total Number of Deals: 15,613
• Total Market Turnover: NGN 13.91 billion
• Market Capitalization: NGN 67.4 trillion
Comparison with Previous Trading Day (Thursday, February 13, 2025):
• Trading Volume: +12% increase
• Market Turnover: +51% increase
• Number of Deals: -4% decline
Gainers and Losers
Out of 125 equities that participated in trading, 38 stocks gained, while 28 stocks declined.
Top Gainers:
1. Royal Exchange (ROYAL) → +10% (NGN 0.99 per share)
2. UPDC → +9.88%
3. The Initiates (TIP) → +9.76%
4. Red Star Express (REDSTAREX) → +9.09%
Top Losers:
1. BUA Foods (BUAF) → -10% (NGN 373.50 per share)
2. Daar Communications (DAARCOMM) → -9.09%
3. Aradel Holdings (ARADEL) → -6.90%
4. Livestock Feeds (LIVESTOCK) → -6.09%
Most Traded Stocks by Volume:
1. Sterling Bank (STERLINGNG) → 88.6 million shares
2. Access Holdings (ACCESSCORP) → 29.7 million shares
3. Veritas Kapital Assurance (VERITASKAP) → 21.6 million shares
4. Aiico Insurance (AIICO) → 20.1 million shares
Overall, the market showed strong liquidity, with significant gains in trading volume and turnover. However, the decline in the number of deals suggests some caution among investors.