NGX Trading Summary for Tuesday, February 4, 2025
Market Performance Overview
At the close of today’s trading session on the Nigerian Exchange (NGX):
• A total of 471.71 million shares were traded.
• The number of deals executed was 14,600.
• The total market turnover was ₦19.89 billion.
Comparison with the previous trading day (Monday, February 3, 2025):
• Trading volume declined by 8%, indicating slightly lower activity.
• Market turnover improved by 50%, showing higher-value transactions.
• Market capitalization now stands at ₦64.9 trillion.
Gainers & Losers
Top Gainers (Stocks that saw the highest percentage price increase)
1️⃣ Red Star Express (+10%) → Closed at ₦5.50 per share
2️⃣ Universal Insurance Company (+10%)
3️⃣ Beta Glass Company (+9.98%)
4️⃣ Northern Nigeria Flour Mills (+9.98%)
Top Losers (Stocks that saw the highest percentage price decline)
1️⃣ Ikeja Hotel (-9.55%) → Closed at ₦9.95 per share
2️⃣ N.E.M. Insurance Company (-6.59%)
3️⃣ Sunu Assurances Nigeria (-6.14%)
4️⃣ Consolidated Hallmark Holdings (-5.97%)
Most Actively Traded Stocks (By Volume)
These stocks recorded the highest number of shares traded:
1️⃣ FBN Holdings – 83.1 million shares
2️⃣ Zenith Bank – 29.5 million shares
3️⃣ Universal Insurance Company – 24.2 million shares
4️⃣ UAC of Nigeria – 21.2 million shares
Market Takeaway
• Despite a drop in total trading volume, a higher turnover value suggests that investors engaged in larger transactions or higher-priced stocks.
• The market remains active, with 38 stocks gaining and 23 stocks declining across 126 actively traded equities.
• Investors should continue monitoring price movements, volume trends, and overall market sentiment for potential opportunities.
Stay informed and track market updates for better investment decisions!
Market Performance Overview
At the close of today’s trading session on the Nigerian Exchange (NGX):
• A total of 471.71 million shares were traded.
• The number of deals executed was 14,600.
• The total market turnover was ₦19.89 billion.
Comparison with the previous trading day (Monday, February 3, 2025):
• Trading volume declined by 8%, indicating slightly lower activity.
• Market turnover improved by 50%, showing higher-value transactions.
• Market capitalization now stands at ₦64.9 trillion.
Gainers & Losers
Top Gainers (Stocks that saw the highest percentage price increase)
1️⃣ Red Star Express (+10%) → Closed at ₦5.50 per share
2️⃣ Universal Insurance Company (+10%)
3️⃣ Beta Glass Company (+9.98%)
4️⃣ Northern Nigeria Flour Mills (+9.98%)
Top Losers (Stocks that saw the highest percentage price decline)
1️⃣ Ikeja Hotel (-9.55%) → Closed at ₦9.95 per share
2️⃣ N.E.M. Insurance Company (-6.59%)
3️⃣ Sunu Assurances Nigeria (-6.14%)
4️⃣ Consolidated Hallmark Holdings (-5.97%)
Most Actively Traded Stocks (By Volume)
These stocks recorded the highest number of shares traded:
1️⃣ FBN Holdings – 83.1 million shares
2️⃣ Zenith Bank – 29.5 million shares
3️⃣ Universal Insurance Company – 24.2 million shares
4️⃣ UAC of Nigeria – 21.2 million shares
Market Takeaway
• Despite a drop in total trading volume, a higher turnover value suggests that investors engaged in larger transactions or higher-priced stocks.
• The market remains active, with 38 stocks gaining and 23 stocks declining across 126 actively traded equities.
• Investors should continue monitoring price movements, volume trends, and overall market sentiment for potential opportunities.
Stay informed and track market updates for better investment decisions!