Lagos, March 24, 2025 – Transactions on the Nigerian Exchange (NGX) dipped last week as the exchange traded 2.902 billion shares worth N48.064 billion in 57,044 deals.
This was in contrast to the 3.281 billion shares valued at N63.517 billion moved in 60,782 deals in the preceding week.
The NGX All-Share Index and Market Capitalization also depreciated by 0.94% and 0.80% to close the week at 104,962.96 and N65.820 trillion, respectively.
The Financial Services Industry, measured by volume, led the activity chart with 2.375 billion shares valued at N21.335 billion in 27,053 deals.
The industry contributed 81.85% and 44.39% to the total equity turnover volume and value, respectively.
The Services sector followed with 177.345 million shares worth N3.194 billion in 3,829 deals, while the Consumer Goods sector had 104.381 million shares worth N3.305 billion exchanged in 5,587 deals.
Trading in the top three equities of Sovereign Trust Insurance, Jaiz Bank and Fidelity, measured by volume, accounted for 1.497 billion shares worth N5.065 billion in 3,662 deals, contributing 51.59% and 10.54% to the total equity turnover volume and value respectively.
Price of 32 equities appreciated during the week, lower than 38 equities in the preceding week.
Forty-eight equities shed their price, higher than the 46 in the preceding week, while price of 70 equities remained unchanged, higher than the 66 recorded in the previous week. (GBN)
