Home Economy NGX Weekly Summary: Investors Trade ₦52.97 Billion as ASI Drops 0.90% – April 11, 2025
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NGX Weekly Summary: Investors Trade ₦52.97 Billion as ASI Drops 0.90% – April 11, 2025

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NGX Weekly Market Report
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The Nigerian Exchange (NGX) recorded a significant increase in trading activity for the week ending April 11, 2025, with a total turnover of 2.094 billion shares worth ₦52.97 billion exchanged in 64,612 deals.

This marks a major jump from the previous week’s 1.183 billion shares valued at ₦28.87 billion across 42,397 deals.


Top Performing Sectors

  • Financial Services led with 1.539 billion shares worth ₦36.35 billion traded in 36,013 deals — accounting for over 73% of the week’s total volume.
  • Agriculture followed with 98.88 million shares worth ₦1.34 billion.
  • Services Industry came third with 93 million shares worth ₦522.15 million.

Top Traded Equities

The top three equities by volume — Access Holdings, GTCO, and Zenith Bank — moved a combined 629.33 million shares worth ₦25.82 billion in 12,742 deals, representing 30.06% of total volume and 48.75% of total value.


Market Performance Summary

IndexClose (Prev. Week)Close (This Week)Change (%)
NGX All-Share Index105,511.89104,563.34-0.90%
Market Capitalization₦66.15 trillion₦65.71 trillion-0.67%

Most indices declined, except:

  • NGX Growth Index: +0.37%
  • Sovereign Bond Index: +3.42%
  • ASeM Index: Flat

Top 10 Gainers

CompanyOpenCloseGain (₦)% Change
VFD Group Plc57.0087.70+30.7053.86%
Union Dicon Salt Plc5.807.60+1.8031.03%
Abbey Mortgage Bank4.736.13+1.4029.60%
FTN Cocoa Processors1.601.90+0.3018.75%
TotalEnergies Nig. Plc679.70745.00+65.309.61%
International Energy Insurance1.501.64+0.149.33%
Livestock Feeds Plc7.928.54+0.627.83%
The Initiates Plc4.084.35+0.276.62%
Nigerian Exchange Group32.4534.45+2.006.16%
Japaul Gold & Ventures1.902.01+0.115.79%

Top 10 Losers

CompanyOpenCloseLoss (₦)% Change
Royal Exchange Plc1.010.80-0.21-20.79%
Cornerstone Insurance3.302.80-0.50-15.15%
Sovereign Trust Insurance1.000.85-0.15-15.00%
LASACO Assurance2.342.04-0.30-12.82%
CAP Plc47.0041.50-5.50-11.70%
R.T. Briscoe2.402.12-0.28-11.67%
May & Baker7.857.00-0.85-10.83%
Associated Bus Company1.401.26-0.14-10.00%
Haldane McCall Plc5.805.22-0.58-10.00%
UH Real Estate Investment Trust51.2546.15-5.10-9.95%

ETP and Bonds Market

  • ETPs: 111,693 units worth ₦6.11 million were traded in 83 deals.
  • Bonds: 144,487 units worth ₦151.62 million traded in 100 deals.
  • New listings include FGN Savings Bonds (2027 & 2028) and First HoldCo Plc’s Rights Issue (5.98 billion shares at ₦25 per share).

Summary

  • Market dipped by 0.90%, but trading value surged by over 83% week-on-week.
  • Financial stocks dominated market activity.
  • Top gainers showed strong investor appetite for banking and industrial stocks.

Okay.ng will continue providing weekly updates on the NGX and financial market trends in Nigeria.

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