NGX: Investors Exchange N134.59bn in Weekly Transactions

In the past week, stock market investors on the Nigerian Exchange traded 8.736 billion shares valued at N134.577 billion across 180,290 deals. 

This marks an increase in trading volume compared to the previous week, which saw 4.847 billion shares worth N149.755 billion traded in 174,267 transactions. 

As a result, the total value of transactions fell by 11.3 per cent week-on-week.

The Financial Services Industry led the activity chart with 7.483 billion shares valued at N70.980 billion traded in 77,227 transactions.

This contributed 85.65 per cent and 52.74 per cent to the total equity turnover volume and value respectively.

The Agriculture Industry followed with 201.906 million shares worth N7.863 billion in 11,450 transactions.

Third place was the Services Industry, with a turnover of 191.921 million shares worth N2.484 billion in 10,595 deals.

Trading in the top three equities, namely Linkage Assurance Plc, Consolidated Hallmark Holdings Plc, and Universal Insurance Plc, accounted for 3.195 billion shares worth N6.594 billion in 3,964 transactions.

This contributed 36.57 per cent and 4.90 per cent to the total equity turnover volume and value respectively.

The NGX All-Share Index and Market Capitalisation appreciated by 3.18 per cent to close the week at 145,754.91 and N92.215 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX CG, NGX Banking, NGX Pension, NGX AFR Bank value, NGX AFR Div. Yield, NGX MERI Value, NGX Growth, and NGX Commodity.

They depreciated by 0.64 per cent, 0.75 per cent, 0.14 per cent, 1.01 per cent, 0.66 per cent, 1.25 per cent, 7.91 per cent and 2.33 per cent respectively.

However, Sixty-six equities appreciated in price during the week, higher than 54 equities in the previous week.

Meanwhile, 41 equities depreciated in price, lower than 49 in the previous week, while 39 equities remained unchanged, lower than 43 recorded in the previous week.

The top five decliners for the week are: Livingtrust Mortgage Bank, Academy Press, The Initiates Plc, UPDC Real Estate Investment Trust and Legend Internet Plc as they lost N1.59, N2, N1.75, N1.10 and 75k.

Mutual Benefits Assurance, AIICO Insurance, Royal Exchange, Sovereign Trust Insurance and Cornerstone Insurance, as they increased by 60.44 per cent, 59.82 per cent, 59.33 per cent, 59.06 per cent and 54.46 per cent respectively.

The companies gained N1.10, N1.31, 89k, N1.01 and N2.26 respectively.

The Nigerian Exchange Ltd. also disclosed that the July 2025 Issue of the Federal Government of Nigeria (FGN) Savings Bonds were listed on NGX on Wednesday, 6 August.

Also, the NGX Non-Interest Finance Board was launched on Monday.

It said, “As part of its mandate to deepen the Nigerian capital market and promote financial inclusion, NGX has developed the Non-Interest Finance Board to provide a dedicated platform that enhances visibility, accessibility, and transparency for non-interest financial instruments.

“This strategic initiative aligned with NGX’s broader vision to foster innovation, diversification, and inclusive growth in Nigeria’s financial ecosystem.

“The NGX Non-Interest Finance Board is a multi-asset board designed to host securities that comply with non-interest (Islamic) finance principles across various asset classes including equities, bonds, and Exchange Traded Funds (ETFs).” (NAN