NGX Trading Summary for Friday, February 21, 2025
At the close of trading on the Nigerian Stock Exchange (NGX), a total of 315,722,116 shares were exchanged in 13,345 deals, corresponding to a market value of NGN 8.36 billion. The overall market capitalization stood at NGN 67.6 trillion.
When compared to the previous trading day (Thursday, February 20), there was a noticeable 25% decline in trading volume, signaling reduced market activity.
Market participation was broad, with 122 listed equities engaging in trades. Out of these, 25 stocks recorded gains, while 32 stocks closed with losses.
On the gainers’ chart, Champion Breweries led the pack with a 9.87% increase, ending the day at NGN 4.12 per share. It was followed by Dangote Sugar Refinery, which saw an 8.95% gain. Omatek Ventures recorded an 8% increase, while Daar Communications also performed well, appreciating by 7.94%.
On the losing side, Ikeja Hotel experienced the sharpest decline, with its share price falling by 7.56%, closing at NGN 11.00. This was followed by Academy Press, which dropped by 7.33%. The Initiates recorded a 6.98% decrease, while Royal Exchange declined by 5.62%.
In terms of trading volume, Ellah Lakes led the market with 40.5 million shares exchanged. It was followed by Fidelity Bank with 21 million shares, Zenith Bank with 20 million shares, and United Bank for Africa (UBA), which recorded a total of 19.9 million shares traded.
At the close of trading on the Nigerian Stock Exchange (NGX), a total of 315,722,116 shares were exchanged in 13,345 deals, corresponding to a market value of NGN 8.36 billion. The overall market capitalization stood at NGN 67.6 trillion.
When compared to the previous trading day (Thursday, February 20), there was a noticeable 25% decline in trading volume, signaling reduced market activity.
Market participation was broad, with 122 listed equities engaging in trades. Out of these, 25 stocks recorded gains, while 32 stocks closed with losses.
On the gainers’ chart, Champion Breweries led the pack with a 9.87% increase, ending the day at NGN 4.12 per share. It was followed by Dangote Sugar Refinery, which saw an 8.95% gain. Omatek Ventures recorded an 8% increase, while Daar Communications also performed well, appreciating by 7.94%.
On the losing side, Ikeja Hotel experienced the sharpest decline, with its share price falling by 7.56%, closing at NGN 11.00. This was followed by Academy Press, which dropped by 7.33%. The Initiates recorded a 6.98% decrease, while Royal Exchange declined by 5.62%.
In terms of trading volume, Ellah Lakes led the market with 40.5 million shares exchanged. It was followed by Fidelity Bank with 21 million shares, Zenith Bank with 20 million shares, and United Bank for Africa (UBA), which recorded a total of 19.9 million shares traded.