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Transactions On NGX Down 23.15%, Shoppers Lose N9bn

Posted by African Examiner

Enterprise News, Most as a lot as the moment Headlines

Friday, April 18th, 2025

(AFRICAN EXAMINER) – Stock market investors traded 1.525 billion shares value N43.006 billion in 51,156 transactions this week on the bottom of the Nigerian Alternate Ltd.

Right here’s in disagreement to 2.094 billion shares valued at N52.967 billion that exchanged hands final week in 64,612 presents.

As a result, the value of transactions traded by investors on the Alternate dropped by 23.15 per cent as investors misplaced N9.961 billion.

Meanwhile, the market opened for four buying and selling days this week as the Federal Authorities declared Friday, April 18 and Monday, April 21 as public holidays to commemorate the 2025 Easter occasion.

Shopping and selling within the tip three equities, namely Salvage entry to Holdings Plc, Constancy Bank Plc, and Universal Insurance protection Plc, accounted for 448.105 million shares value N6.730 billion in 6,481 presents.

This contributed 29.39 per cent and 15.65 per cent to the total equity turnover quantity and price, respectively.

The Monetary Products and companies sector led the exercise chart with 1.122 billion shares valued at N24.015 billion traded in 28,818 presents.

This contributed 73.56 per cent and 55.84 per cent to the total equity turnover quantity and price, respectively.

The ICT industry followed with 101.252 million shares value N4.819 billion in 2,541 transactions.

The third place used to be the Products and companies Enterprise, with a turnover of ninety nine.776 million shares value N1.230 billion in 3,063 transactions.

The NGX All-Allotment Index and market capitalisation depreciated by 0.32 per cent to cease the week at 104,233.81 and N65.499 trillion, respectively.

In the same trend, all other indices finished lower excluding NGX Top charge, NGX Pension, NGX MERI Allege, NGX User Items, NGX Oil & Gas, NGX Lotus II, NGX Allege, NGX Sovereign Bond, and NGX Pension Astronomical Indices, which liked by 0.57 per cent, 0.42 per cent, 2.67 per cent, 2.33 per cent, 0.20 per cent, 0.16 per cent, 0.26 per cent, 0.39 per cent, and 0.55 per cent, respectively.

NGX ASeM and NGX Commodity indices closed flat.

Thirty-one equities liked in impress all during the week, increased than 27 equities within the outdated week.

Forty-four equities depreciated in impress, lower than 56 within the outdated week, whereas 72 equities remained unchanged, increased than 64 recorded within the outdated week.

The tip five decliners for the week were Guarantee Belief Retaining Company, Zenith Bank, DAAR Communications, Caverton Offshore Toughen Crew and RT Briscoe as they misplaced N9, N5.95, 7k, 27k, and 22k, respectively.

ABBEY Mortgage Bank, Nigerian Breweries, Associated Bus Company, Cattle Feeds and Unilever Nigeria were the tip five gainers, and in declare that they grew by 46.17 per cent, 13.13 per cent, 12.70 per cent, 11.24 per cent, and 9.65 per cent, respectively.

The companies obtained N2.83, N4.20, 16k, 96k, and N3.35, respectively. (NAN)

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