NGX Trading Summary for Monday, March 3, 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, March 3, 2025

At the close of trading on the Nigerian Exchange (NGX) on Monday, March 3, 2025, the market recorded the following key metrics:
• Total Volume Traded: 308,089,254 shares
• Total Deals: 15,474 transactions
• Market Turnover: ₦7.23 billion
• Market Capitalization: ₦67 trillion

Market Performance Overview

Compared to the previous trading day (Friday, February 28, 2025), the market experienced:
33% decline in traded volume
49% drop in market turnover
27% increase in the number of deals

Gainers and Losers

Out of the 129 stocks that participated in trading:
✅ 20 stocks gained
❌ 33 stocks declined

Top Gainers

1️⃣ Nigerian Exchange Group (NGX): +10% (₦33.00 per share)
2️⃣ Learn Africa: +10%
3️⃣ Champion Breweries: +9.9%
4️⃣ Associated Bus Company: +9.86%

Top Losers

1️⃣ Ikeja Hotel: -9.92% (₦10.90 per share)
2️⃣ United Capital: -9.91%
3️⃣ Cutix: -9.84%
4️⃣ Multiverse Mining & Exploration: -9.74%

Most Actively Traded Stocks (by Volume)

Zenith Bank: 32.4 million shares
Fidelity Bank: 19.7 million shares
Access Holdings: 16.9 million shares
Nigerian Exchange Group: 15.8 million shares

Market Outlook

The decline in trading volume and turnover suggests a more cautious market sentiment, even as trading activity (number of deals) increased. The presence of notable gainers in the financial, publishing, and brewery sectors shows pockets of investor confidence, while losses in key stocks like Ikeja Hotel and United Capital indicate some profit-taking activities.

Stay updated and trade wisely! #StockMarket #NGX #InvestSmart
 
  • Like
Reactions: StockBubbles NG