NGX Trading Summary for Monday, February 24, 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
1,128
65
48
NGX Trading Summary for Monday, February 24, 2025:

Market Performance Overview

At the close of the first trading day of the week on the Nigerian Stock Exchange (NGX):
• Total Shares Traded: 357.76 million shares
• Total Deals: 15,914
• Total Market Turnover: NGN 9.21 billion

Compared to the previous trading day (Friday, February 21, 2025):
• Volume of shares traded increased by 13%
• Turnover value rose by 10%
• Number of deals improved by 19%

The market capitalization currently stands at an impressive NGN 67.4 trillion.

Market Breadth

A total of 127 equities participated in the day’s trading. Out of these:
• 17 stocks gained
• 37 stocks declined
• The rest remained unchanged

Top Gainers

The best-performing stocks of the day were:
1. Ikeja Hotel – Gained 10%, closing at NGN 12.10 per share
2. Union Homes Real Estate Inv. – Gained 9.97%
3. PZ Cussons Nigeria – Gained 9.26%
4. Consolidated Hallmark Holdings – Gained 8.85%

Top Losers

The biggest declines came from:
1. Northern Nigeria Flour Mills – Dropped 9.99%, closing at NGN 72.55 per share
2. Eunisell Interlinked – Fell by 9.96%
3. Sovereign Trust Insurance – Decreased by 9.09%
4. Secure Electronic Technology – Declined by 7.46%

Most Active Stocks by Volume

The stocks that recorded the highest trading volumes were:
1. Jaiz Bank – Traded 48.2 million shares
2. Zenith Bank – Traded 28.2 million shares
3. Universal Insurance Company – Traded 18.7 million shares
4. Guaranty Trust Holding – Traded 17.9 million shares