NGX Trading Summary for Wednesday, March 12, 2025
The Nigerian Stock Exchange (NGX) recorded a significant surge in trading activity on Wednesday, March 12, 2025. A total of 1.49 billion shares were traded in 11,748 deals, with a combined market value of ₦10.26 billion.
Market Performance Overview
Compared to the previous trading session on Tuesday, March 11, 2025:
• Trading volume surged by 362%, indicating a sharp increase in market participation.
• Turnover improved by 30%, reflecting higher liquidity and transaction value.
• The number of deals declined by 7%, suggesting a drop in the number of transactions despite higher volumes.
• The total market capitalization stood at ₦66.4 trillion, reflecting the overall value of listed equities.
Top Gainers
Out of the 127 listed equities that participated in trading, 19 stocks gained, with Tantalizers Plc emerging as the top gainer, appreciating by 9.79% to close at ₦3.14 per share. Other top gainers included:
• Secure Electronic Technology Plc (+9.68%)
• Caverton Offshore Support Group (+9.09%)
• FTN Cocoa Processors Plc (+6.51%)
Top Losers
On the flip side, 32 stocks declined in value, with Conoil Plc leading the losers, dropping by 10% to close at ₦331.20 per share. Other major losers included:
• Berger Paints (-9.81%)
• International Energy Insurance (-9.79%)
• Multiverse Mining & Exploration (-9.66%)
Most Traded Stocks by Volume
Market activity was dominated by a few stocks, with Sovereign Trust Insurance Plc leading in traded volume at 990 million shares. Other highly traded stocks included:
• Jaiz Bank (187 million shares)
• Secure Electronic Technology (43.5 million shares)
• Zenith Bank (22.8 million shares)
The day’s trading data highlights increased market participation and a sharp rise in traded volume, despite fewer deals being executed. The mixed sentiment in the market, with 19 gainers and 32 losers, suggests that investors are reacting cautiously to market conditions.
The Nigerian Stock Exchange (NGX) recorded a significant surge in trading activity on Wednesday, March 12, 2025. A total of 1.49 billion shares were traded in 11,748 deals, with a combined market value of ₦10.26 billion.
Market Performance Overview
Compared to the previous trading session on Tuesday, March 11, 2025:
• Trading volume surged by 362%, indicating a sharp increase in market participation.
• Turnover improved by 30%, reflecting higher liquidity and transaction value.
• The number of deals declined by 7%, suggesting a drop in the number of transactions despite higher volumes.
• The total market capitalization stood at ₦66.4 trillion, reflecting the overall value of listed equities.
Top Gainers
Out of the 127 listed equities that participated in trading, 19 stocks gained, with Tantalizers Plc emerging as the top gainer, appreciating by 9.79% to close at ₦3.14 per share. Other top gainers included:
• Secure Electronic Technology Plc (+9.68%)
• Caverton Offshore Support Group (+9.09%)
• FTN Cocoa Processors Plc (+6.51%)
Top Losers
On the flip side, 32 stocks declined in value, with Conoil Plc leading the losers, dropping by 10% to close at ₦331.20 per share. Other major losers included:
• Berger Paints (-9.81%)
• International Energy Insurance (-9.79%)
• Multiverse Mining & Exploration (-9.66%)
Most Traded Stocks by Volume
Market activity was dominated by a few stocks, with Sovereign Trust Insurance Plc leading in traded volume at 990 million shares. Other highly traded stocks included:
• Jaiz Bank (187 million shares)
• Secure Electronic Technology (43.5 million shares)
• Zenith Bank (22.8 million shares)
The day’s trading data highlights increased market participation and a sharp rise in traded volume, despite fewer deals being executed. The mixed sentiment in the market, with 19 gainers and 32 losers, suggests that investors are reacting cautiously to market conditions.