Transactions on NGX up by 30.26%, investors gain N13 billion
Stock market investors traded 1.854 billion shares worth N56.025 billion in 51,386 transactions on the floor of the Nigerian Exchange Ltd. this week.
This is in contrast to the 1.525 billion shares valued at N43.006 billion that exchanged hands last week in 51,156 deals.
Consequently, the value of transactions traded by investors on the exchange soared by 30.26 per cent as investors gained N13.019 billion.
Meanwhile, the market opened for four trading days this week as the federal government declared Friday, April 18, and Monday, April 21, public holidays to commemorate the 2025 Easter celebration.
Trading in the top three equities —Fidelity Bank Plc, Access Holdings Plc, and Guaranty Trust Holding Company Plc —accounted for 797.873 million shares worth N22.043 billion in 8,618 transactions.
This contributed 43.03 per cent and 39.34 per cent to the total equity turnover volume and value, respectively.
The financial services led the activity chart with 1.266 billion shares valued at N29.400 billion traded in 24,351 deals. This contributed 68.28 per cent and 52.48 per cent to the total equity turnover volume and value, respectively.
The ICT industry followed with 136.707 million shares worth N12.472 billion in 2,974 deals.
The third place was the consumer goods industry, with a turnover of 118.617 million shares worth N4.415 billion in 5,869 deals.
The NGX All-Share Index and Market Capitalisation appreciated by 1.46 per cent and 1.47 per cent to close the week at 105,752.61 and N66.465 trillion, respectively.
Similarly, all other indices finished higher except NGX premium, NGX oil and gas, NGX industrial goods, NGX growth and NGX sovereign bond indices, which depreciated by 0.43 per cent, 0.07 per cent, 3.44 per cent, 0.41 per cent and 0.06 per cent, respectively.
Sixty-four equities appreciated in price during the week, higher than 31 equities in the previous week.
Twenty-seven equities depreciated in price, 44 in the previous week, while 57 equities remained unchanged, lower than 72 recorded in the last week.
International Breweries, Nascon Allied Industries Plc, Africa Prudential Plc, Vitafoam Nigeria Plc, and Ikeja Hotel Plc were the top five gainers, and they grew by 40.00 per cent, 26.22 per cent, 25.64 per cent, 21.22 per cent and 21.00 per cent, respectively.
The companies gained N2.20, N11.00, N3.50, N7.85 and N2.10, respectively.
The top five decliners for the week were: VFD Group Plc, John Holt Plc, Dangote Cement Plc, Tripple Gee and Company Plc and Haldane McCall Plc as they lost N78.90, N1.44, N48.00, 22k and 52k, respectively.
(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.”
Sport
Argentina v Spain: Will Messi ‘bathe’ Yamal in 2026 FIFA World Cup final on Sunday?
In 2007, Messi, 20, Barcelona’s budding star, was paired with five-month-old Yamal in a charity calendar photo shoot put together by Barcelona’s foundation.
Education
Lack of practice, mentorship hampering engineering sector’s progress: NBTE
NBTE boss noted that the Lagos-Calabar Coastal Highway and Sokoto-Badagry Super Highway were designed offshore.
Africa
Religion central to West Africa’s stability, military readiness: USAFRICOM
The command chaplain of the United States Africa Command (USAFRICOM), Kevin Forrester, has described spiritual readiness as a foundational pillar of military success.
Economy
Jack-Rich, Trump seek closer U.S.-Nigeria ties
Mr Trump endorsed Mr Jack-Rich’s call for closer engagement, saying Africa possesses extraordinary economic potential that should not be overlooked by the U.S.
Economy
Abia, Enugu collaborate to train 150,000 tech talent
Abia and Enugu have called for stronger regional collaboration to train 150,000 tech talents and incubate 3,000 startups across Nigeria.
States
Museum unveils memorial sculpture to immortalise Onyeama N’Eke
The National Museum of Unity, Enugu, on Wednesday unveiled a memorial sculpture and a permanent exhibition gallery in honour of Onyeama N’Eke.





