Stock Market Records 25.8% Drop in Weekly Transaction Value
The stock market investors traded 3.199 billion shares worth N85.399 billion in 142,477 transactions on the Exchange in the just concluded week. This is compared to 4.773 billion shares valued at N107.426 billion that exchanged hands last week in 152,965 deals. As a result, the total value of transactions fell by 25.8 per cent week-on-week.
The Financial Services Industry led the activity chart with 2.195 billion shares valued at N42.689 billion traded in 66,808 transactions. This contributed 68.61 per cent and 49.99 per cent to the total equity turnover volume and value respectively.
The Consumer Goods Industry followed with 277.881 million shares worth N9.910 billion in 15,518 transactions. The third place was the Services Industry, with a turnover of 178.992 million shares worth N1.308 billion in 7,580 deals.
Trading in the top three equities, namely FCMB Group Plc, Champion Breweries Plc, and Access Holdings Plc and accounted for 778.603 million shares worth N13.155 billion in 11,288 deals. This contributed 24.34 per cent and 15.40 per cent to the total equity turnover volume and value respectively.
The NGX All-Share Index and Market Capitalisation depreciated by 0.50 per cent and 0.49 per cent to close the week at 140,295.50 and N88.769 trillion respectively.
Similarly, all other indices finished lower with the exception of NGX AFR Div Yield which appreciated by 0.94 per cent, while the NGX AseM index closed flat. Thirty-two equities appreciated in price during the week, lower than 43 equities in the previous week.
Fifty-seven equities depreciated in price, higher than 54 equities in the previous week, while 57 equities remained unchanged, higher than 49 recorded in the previous week.
Secure Electronic Technology, Guinea Insurance, Lasaco Assurance, University Press and Mutual Benefits Assurance were the top five decliners for the week, as they lost 25k, 35k, 46k, 76k and 50k respectively.
The top five gainers for the week were: Mc Nichols, Nem Insurance, Berger Paints, Coronation Insurance and Learn Africa, as they advanced in 18.75 per cent, 17.29 per cent, 15.31 per cent, 12.77 per cent and 11.43 per cent respectively.
The companies gained 60k, N4.60, N4.90, 41k and 80k respectively. The NGX also hinted that additional 270,382 units of Chapel Hill Denham Nigeria Infrastructure Debt Fund were listed on the Daily Official List of NGX on Monday, Aug. 25.
The additional units listed on NGX arose from the NIDF’s 2025, Q2 Scrip Dividend. With the listing of the additional 270,382 units, the total units of the fund have now increased from 1,055,744,147 to 1,056,014,529 units.
Also, on Monday, Aug. 25, 87,900,000 units of Coronation Asset Management Ltd.’s Series 1 of Coronation Infrastructure Fund of N100 each issued under the N200,000,000,000.00 Issuance Programme was listed on the NGX.
The NGX informed Trading Licence Holders of the commencement of Industrial & Medical Gases Nigeria Plc’s Rights Issue of 199,797,458 ordinary shares at N32.00 per share.
The offer, on the basis of two new shares for every five held as of May 21, opened on Friday, Aug. 22. Federal Government of Nigeria: Supplementary Listing of FGN Bonds Issued in May 2025 Trading Licence Holders are hereby notified that “Additional units of existing Federal Government of Nigeria Bonds issued in May 2025 was listed on the NGX on Wednesday, August 27.” #Stock Market Records 25.8% Drop in Weekly Transaction Value#
