Transactions on NGX soar by 5.75%

Stock market investors traded 5.47 billion shares worth N108.1 billion in 118,570 transactions this week on the floor of the Nigerian Exchange Ltd.
This is in contrast with 3.9 billion shares valued at N102.22 billion that exchanged hands last week in 114,484 deals.
Consequently, the value of transactions traded by investors on the exchange soared by 5.75 per cent as investors gained N5.9 billion.
The financial services industry led the activity chart with 2.74 billion shares valued at N34.54 billion traded in 42,65 transactions.
This contributed 50.12 per cent and 31.95 per cent to the total equity turnover volume and value, respectively.
The Oil and Gas Industry followed with 852.04 million shares worth N39.84 billion in 10,555 transactions.
The third place was the services industry, with a turnover of 400.19 million shares worth N2.52 billion in 9,214 transactions.
Trading in the top three equities, namely Royal Exchange, Access Holdings and Japaul Gold & Ventures, accounted for 1.68 billion shares worth N12.82 billion in 8,036 transactions.
The NGX All-Share Index and Market Capitalisation appreciated by 0.83 per cent and 0.50 per cent to close the week at 120,989.66 and N 76.34 trillion, respectively.
Similarly, all other indices finished higher with the exception of NGX Premium and NGX Industrial Goods Indices, which depreciated by 0.77 per cent and 2.11 per cent, respectively.
Seventy-eight equities appreciated in price during the week, the same as 78 equities in the previous week.
Twenty equities depreciated in price, lower than 27 in the previous week, while 49 equities remained unchanged, higher than 43 recorded in the previous week.
The top five gainers for the week are Meyer, RT Briscoe, FTN Cocoa Processors, International Energy Insurance, and UPDC, which grew by 60.11 per cent, 50.83 per cent, 40.24 per cent, 35.43 per cent, and 34.66 per cent, respectively.
The companies gained N5.50, N1.23, N1.34, 62k and N1.22, respectively.
PZ Cussons Nigeria, Julius Berger Nigeria, SCOA Nigeria, VFD Group and Halldane McCall were the top five decliners for the week as they lost N5.70, N12.40, 53k, 80k, and 20k, respectively.
The NGX also disclosed that the shares of Notore Chemical Industries had been delisted.
“We refer to our market bulletin of 11 June 2025 with reference Number: NGXREG/IRD/MB41/25/06/11, wherein the Market was notified of the suspension placed on trading in the securities of Notore Chemical Industries Plc in preparation for the delisting of the company.
“Following the approval of the company’s application to delist its entire issued share capital from Nigerian Exchange Limited (NGX), please be informed that the entire issued share capital of Notore Chemical Industries Plc was on Friday, 04 July 2025, delisted from the Daily Official List of NGX.”
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Heading 1
NiMet forecasts three-day sunshine, cloudiness nationwide from Saturday
The agency forecast chances of thunderstorms with moderate rains over the entire region later in the day.

States
Benue: Troops kill suspected terrorist in gunfight
“One terrorist was neutralised, while troops recovered one AK-47 rifle and two empty magazines from the scene,” Mr Zubairu said.

Sport
Egypt edge Australia on penalties to make historic World Cup round of 16 berth
Egypt will face the winners of the round of 32 match between Argentina and Cape Verde later today.

Health
Bundibugyo Ebola outbreak now largest on record as cases top 1,400: WHO
Mr Janabi described the outbreak as one of Africa’s most serious public health emergencies this year.

Health
Bauchi govt begins rural-based campaign against waterborne diseases
Mr Mohammed said health education officers in the state’s 20 local government areas had been directed to carry out the exercise.

Hot news Home top
INEC extends voter registration, launches self-service portal
INEC said the extension followed feedback received from its state offices, political parties, civil society organisations, and other stakeholders.






