NGX Trading Summary for Tuesday, May 20, 2025
Overall Market Summary
The Nigerian Exchange (NGX) closed Tuesday’s session with 497.06 million shares traded across 18,795 deals, amounting to a total market value of approximately ₦13.21 billion. Compared to Monday’s performance, there was a 2% increase in trading volume, a 16% increase in turnover, but a 24% decline in the number of deals.
The overall market capitalization now stands at an impressive ₦69 trillion.
Market Participation and Breadth
A total of 126 equities were actively traded. Of these:
• 31 stocks gained in value,
• 32 stocks declined, and
• 63 remained unchanged.
This shows a fairly balanced market mood, with just a slight edge to the decliners.
Top Gainers
Nestle Nigeria led the gainers, soaring by 10% to close at ₦1,464.10 per share. This was followed closely by:
• Tripple Gee & Co., which also rose by 10%,
• Regency Alliance Insurance, gaining 10% as well, and
• Tantalizers, with a strong 9.88% increase.
Nestle’s performance is especially noteworthy, considering its high share price and market weight.
Top Losers
On the losing end, Berger Paints recorded the steepest drop, falling 9.98% to close at ₦21.20 per share. It was trailed by:
• Mutual Benefits Assurance, down 9.8%,
• Associated Bus Company, losing 9.77%, and
• Aradel Holdings, which dropped 8.55%.
These declines suggest some profit-taking or possible market reaction to underlying company news or macroeconomic concerns.
Most Traded Stocks by Volume
Fidelity Bank was the most actively traded stock for the day, with 60.2 million shares exchanged. Other highly active stocks included:
• United Bank for Africa (UBA) with 36.4 million shares,
• Custodian & Allied at 35.6 million shares, and
• Tantalizers with 27.6 million shares traded.
The high volumes reflect sustained interest in the banking and consumer sectors.
Overall Market Summary
The Nigerian Exchange (NGX) closed Tuesday’s session with 497.06 million shares traded across 18,795 deals, amounting to a total market value of approximately ₦13.21 billion. Compared to Monday’s performance, there was a 2% increase in trading volume, a 16% increase in turnover, but a 24% decline in the number of deals.
The overall market capitalization now stands at an impressive ₦69 trillion.
Market Participation and Breadth
A total of 126 equities were actively traded. Of these:
• 31 stocks gained in value,
• 32 stocks declined, and
• 63 remained unchanged.
This shows a fairly balanced market mood, with just a slight edge to the decliners.
Top Gainers
Nestle Nigeria led the gainers, soaring by 10% to close at ₦1,464.10 per share. This was followed closely by:
• Tripple Gee & Co., which also rose by 10%,
• Regency Alliance Insurance, gaining 10% as well, and
• Tantalizers, with a strong 9.88% increase.
Nestle’s performance is especially noteworthy, considering its high share price and market weight.
Top Losers
On the losing end, Berger Paints recorded the steepest drop, falling 9.98% to close at ₦21.20 per share. It was trailed by:
• Mutual Benefits Assurance, down 9.8%,
• Associated Bus Company, losing 9.77%, and
• Aradel Holdings, which dropped 8.55%.
These declines suggest some profit-taking or possible market reaction to underlying company news or macroeconomic concerns.
Most Traded Stocks by Volume
Fidelity Bank was the most actively traded stock for the day, with 60.2 million shares exchanged. Other highly active stocks included:
• United Bank for Africa (UBA) with 36.4 million shares,
• Custodian & Allied at 35.6 million shares, and
• Tantalizers with 27.6 million shares traded.
The high volumes reflect sustained interest in the banking and consumer sectors.