The Nigerian Exchange Group Limited, NGX ended this week’s trading sessions downward as the All-Share Index and Market Capitalization depreciated by 0.14% and 0.17% to close the week at 105,511.89 and N66.147 trillion.
The market opened for three trading days this week as the Federal Government of Nigeria declared Monday 31st March and Tuesday 1st April 2025 as Public Holidays to commemorate 2025 Eid el Fitr celebration.
Similarly, all other indices finished lower with the exception of NGX CG, NGX Banking, NGX Pension, NGX AseM, NGX AFR Bank Value, NGX MERI Value, NGX Sovereign Bond and NGX Pension Broad Indices, which appreciated by 0.13%, 0.22%, 0.22%, 0.06%, 1.02%, 0.32%, 0.12% and 0.02% respectively while the NGX Commodity index closed flat.
EQUITY
Meanwhile, a total turnover of 1.183 billion shares worth N28.868 billion in 42,397 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 7.521 billion shares valued at N398.949 billion that exchanged hands last week in 61,312 deals.
The Financial Services, measured by volume led the activity chart with 906.590 million shares valued at N18.926 billion traded in 22,876 deals; thus contributing 76.60% and
65.56% to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 71.059 million shares worth N 2.224 billion in 3,394 deals. Third place was the Services Industry, with a turnover of 47.305 million shares worth N396.897 million
in 2,132 deals.
Trading in the top three equities namely Fidelity Bank Plc, Zenith Bank Plc and Universal Insurance Plc, measured by volume accounted for 264.627 million shares worth N5.932
billion in 5,714 deals, contributing 22.36% and 20.55% to the total equity turnover volume and value respectively.
ETP
In ETP segment of the market, a total of 13,089 units valued at N1.498 million were traded this week in 46 deals compared with a total of 35,245 units valued at N5.872 million transacted last week in 64 deals.
BONDS
In the bonds market, a total of 24,720 units valued at N25.967 million were traded this week in 17 deals compared with a total of 51,072 units valued at N47.530 million transacted last week in 43 deals.
Olusola Akintonde
Comments are closed.