Stock market investors traded 3.214 billion shares worth N76.348 billion in 64,156 transactions during the week. This is compared to 3.794 billion shares valued at N119.394 billion that exchanged hands last week in 89,636 deals.

Consequently, the value of transactions traded by investors on the Exchange dropped by 56.4 per cent.

Meanwhile, the market remained open for four trading days during the week, as the federal government declared Friday, June 6, and Monday, June 9, public holidays to commemorate the 2025 Eid-el-Kabir celebration.

The financial services led the activity chart with 2.313 billion shares valued at ₦52.241 billion traded in 27,326 deals.

This contributed 71.96 per cent and 68.43 per cent to the total equity turnover volume and value, respectively.

The ICT industry followed with 301.996 million shares worth N5.026 billion in 4,137 deals.

The third place was the consumer goods industry, with a turnover of 144.538 million shares worth N5.632 billion in 8,093 deals.

Trading in the top three equities, namely Fidelity Bank Plc, Legend Internet Plc and Guaranty Trust Holding Company Plc, accounted for 1.545 billion shares worth N34.446 billion in 4,939 deals.

This contributed 48.06 per cent and 45.12 per cent to the total equity turnover volume and value, respectively.

The NGX All-Share Index and market capitalisation appreciated by 2.57 per cent to close the week at 114,616.75 and ₦72.275 trillion, respectively.

Similarly, all other indices finished higher except for the NGX ASeM Index, which closed flat.

Fifty-three equities appreciated during the week, lower than 56 equities in the previous week.

Forty-three equities depreciated, lower than 44 in the previous week, while 52 equities remained unchanged, higher than 48 recorded in the previous week.

The top five decliners for the week are Associated Bus Company, Julius Berger, Legend Internet, Livestock Feeds, and E-Tranzact International, as they lost 55k, N18.50, 82k, N1.15, and 80k, respectively.

Oando Plc, Lasaco Assurance Plc, Multiverse Mining, Cornerstone Insurance and First Holdco were the top five gainers for the week, as they grew by 25.77 per cent, 21.62 per cent, 20.39 per cent, 19.51 per cent and 17.60 per cent respectively.

The companies gained N11.65, 56k, N1.55, 64k and N4.40, respectively.

The May 2025 issue of the federal government’s savings bonds was listed on the Nigerian Exchange Ltd. (NGX) on Thursday.

(NAN)