Categories: Business

NGX transactions decline by 23.6% as market closes week at N105.9trn

Investors traded 3.748 billion shares valued at N99.865 billion in 237,179 deals on the floor of the Nigerian Exchange Limited (NGX) during the week.

This represented a decline from the 4.607 billion shares worth N130.636 billion exchanged in 263,439 deals in the previous week.

As a result, transaction value on the Exchange fell by 23.6 per cent, with the market recording two sessions of gains and three sessions of losses during the week.

The Financial Services Industry led the activity chart with 1.742 billion shares valued at N44.893 billion traded in 90,589 deals.

This contributed 46.49 per cent and 44.95 per cent to the total equity turnover volume and value respectively.

The Services Industry followed with 707.617 million shares worth N4.379 billion in 18,322 deals.

The third place was the ICT Industry, with a turnover of 303.216 million shares worth 5.932 billion in 24,107 deals.

Trading in the top three equities – Secure Electronic Technology Plc, Tantalizers Plc, and Access Holdings Plc – accounted for 734.086 million shares worth N5.720 billion in 15,726 deals.

Stock market rebounds with N74bn capitalisation increase

This contributed 19.59 per cent and 5.73 per cent to the total equity turnover volume and value respectively.

The NGX All-Share Index and market capitalisation depreciated by 0.39 per cent and 0.37 per cent, to close the week at 165,512.18 and N105.959 trillion, respectively.

All other indices finished lower with the exception of NGX Oil & Gas, NGX Lotus ll, NGX Growth and NGX Commodity indices which appreciated by 1.36 per cent, 0.37 per cent, 6.27 per cent and 0.79 per cent, respectively.

58 equities appreciated in price during the week, lower than 80 equities in the previous week.

40 equities depreciated in price, higher than 17 equities in the previous week, while 50 equities remained unchanged, same as 50 recorded in the previous week.

The top five gainers for the week included Deap Capital Management, SCOA, NCR Nigeria, Zichis Agro Allied Industries, and DAAR Communications, as they added N2.68, N8.90, N59.60, 81k, and 45k, respectively.

Eterna, Secure Electronic Technology, Industrial and Medical Gases, Aluminium Extrusion Industries, and UPDC were the top five losers for the week.

The companies lost N3.85, 11k, N3.85, N1.90, and 50k, respectively.

The NGX also notified the Trading License Holders that the entire issued and fully paid 600,000,000 ordinary shares of Zichis Agro-Allied Industries Plc (the company) were listed by introduction at N1.81 per share on the Standard Segment of the Growth Board of the NGX on January 20, 2026.

The Star

Segun Ojo

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