NGX Trading Summary for Friday, February 28, 2025
The Nigerian Stock Exchange (NGX) closed the trading week on a strong note, with significant improvements in trading activity compared to the previous session. Below is a detailed breakdown of market performance on Friday, February 28, 2025:
Market Performance Overview
• Total Volume Traded: 458,257,526 shares
• Total Value of Transactions: NGN 14,078,148,720.98
• Number of Deals Executed: 12,213
• Market Capitalization: NGN 67.2 trillion
Compared to the previous trading day (Thursday, February 27, 2025):
• Volume of Shares Traded Increased by 8%
• Total Turnover Increased by 47%
• Number of Deals Rose by 10%
Gainers and Losers
Out of 127 equities that participated in trading:
• 26 stocks recorded gains
• 34 stocks declined
Top Gainers
1. Austin Laz & Company: +10% → NGN 2.09 per share
2. Oando: +9.94%
3. Caverton Offshore Support Group: +9.67%
4. John Holt: +9.62%
Top Losers
1. Red Star Express: -9.96% → NGN 6.60 per share
2. Learn Africa: -9.84%
3. Multiverse Mining & Exploration: -9.72%
4. Cadbury Nigeria: -9.62%
Most Traded Stocks by Volume
1. Zenith Bank: 122 million shares
2. FCMB Group: 50.2 million shares
3. Access Holdings: 28.6 million shares
4. Fidelity Bank: 19.9 million shares
Market Insights
• The improvement in turnover (47%) suggests stronger investor participation and increased liquidity in the market.
• Zenith Bank led in trading volume, indicating strong investor interest in the stock.
• Austin Laz & Company recorded the highest gain, while Red Star Express saw the biggest decline in share price.
This trading session reflects a bullish sentiment with increased activity across the market. Investors will be watching for further developments in the coming week.
The Nigerian Stock Exchange (NGX) closed the trading week on a strong note, with significant improvements in trading activity compared to the previous session. Below is a detailed breakdown of market performance on Friday, February 28, 2025:
Market Performance Overview
• Total Volume Traded: 458,257,526 shares
• Total Value of Transactions: NGN 14,078,148,720.98
• Number of Deals Executed: 12,213
• Market Capitalization: NGN 67.2 trillion
Compared to the previous trading day (Thursday, February 27, 2025):
• Volume of Shares Traded Increased by 8%
• Total Turnover Increased by 47%
• Number of Deals Rose by 10%
Gainers and Losers
Out of 127 equities that participated in trading:
• 26 stocks recorded gains
• 34 stocks declined
Top Gainers
1. Austin Laz & Company: +10% → NGN 2.09 per share
2. Oando: +9.94%
3. Caverton Offshore Support Group: +9.67%
4. John Holt: +9.62%
Top Losers
1. Red Star Express: -9.96% → NGN 6.60 per share
2. Learn Africa: -9.84%
3. Multiverse Mining & Exploration: -9.72%
4. Cadbury Nigeria: -9.62%
Most Traded Stocks by Volume
1. Zenith Bank: 122 million shares
2. FCMB Group: 50.2 million shares
3. Access Holdings: 28.6 million shares
4. Fidelity Bank: 19.9 million shares
Market Insights
• The improvement in turnover (47%) suggests stronger investor participation and increased liquidity in the market.
• Zenith Bank led in trading volume, indicating strong investor interest in the stock.
• Austin Laz & Company recorded the highest gain, while Red Star Express saw the biggest decline in share price.
This trading session reflects a bullish sentiment with increased activity across the market. Investors will be watching for further developments in the coming week.
