NGX Weekly Roundup: Equities Market canceling the week generating profits because investors lose N201BN

The Nigerian equity market yelled at a few weeks of profit because investors experienced trading Sunday losing N201 billion in five days.

The market recorded losses in three trading sessions, getting in two trading sessions.

Market capitalization declined to N68,752 trillion from N68,953 trillion recorded in the previous week.

Likewise, the all-share index (ASI) depreciated 0.62% to close the week with 109,028.62 points from 109,710.37 points recorded in the previous week.

Nigeria’s equity market began Sunday on Monday, May 19, 2025, with a record of bearish because investors lost N7.8 billion at the end of the trade session.

This trend was reversed because investors received N20.51 billion at the end of the trading session on Tuesday, May 20, 2025.

The market was closed with other losses on Wednesday, May 21, 2025, because investors lost N69.99 billion.

The equity market made it two days of successive losses on Thursday, May 22, 2025 because investors lost N274.07 billion.

The market closed the week with profits on Friday, May 23, 2025, because investors obtained N130.05 billion at the end of the trading session.

Also read: NGX: Post the Equity Market N130BN Gain, Redstarex, UPL Top Trading

Meanwhile, a total turnover of 3,932 billion shares worth N74,813 billion in 105,220 agreements traded this week by investors on the stock exchange floor, in contrast to a total of 2,606 billion shares worth N63,785 billion which was exchanged with hands last week in 77,593 agreements.

Financial services (measured by volume) leading an activity chart with 2.405 billion shares worth N32,271 billion traded in 44,570 offers; Thus contributed 61.16% and 43.14% to the total volume and value of each equity turnover.

The service industry was followed by 442,995 million shares worth N4.201 billion in 7,523 offers.

In the third place is the consumer goods industry, with a turnover of 283,157 million shares worth N12,678 billion in 15,675 offers. Trading in the top three equity namely Royal Exchange PLC, Fidelity Bank PLC and Tantalizer PLC (measured by volume) contributed 1,610 billion shares worth N8.897 billion in 8,079 offers, contributed 40.95% and 11.89% respectively to total volume of turnover and total value.

Fifty two (52) equity valued in prices for a week, lower than sixty one (61) equity the previous week. Forty one (41) equity depreciated in price, higher than thirty -one (31) in the previous week, while fifty -five (55) equity remained unchanged, lower than fifty -six (56) recorded in the previous week.

Citix PLC recorded the biggest increase in stock prices in a percentage of 21.92% followed by Custodian PLC investment which increased its share price by 21.45% in the process.

Red Star Express PLC also increases its share price by 20.90%.

On the other hand, Neimeth International Pharmaceuticals PLC recorded a decrease in the largest stock price with a percentage of a decline of 17.03% followed by a PLC -related bus company, which reduced 15.59% of its share price.

Transcorp Hotels PLC also knocked out 15.03% of its share price.

By: Babajide Okeowo

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