Transactions on NGX soar by 5.75%

Stock market investors traded 5.47 billion shares worth N108.1 billion in 118,570 transactions this week on the floor of the Nigerian Exchange Ltd.
This is in contrast with 3.9 billion shares valued at N102.22 billion that exchanged hands last week in 114,484 deals.
Consequently, the value of transactions traded by investors on the exchange soared by 5.75 per cent as investors gained N5.9 billion.
The financial services industry led the activity chart with 2.74 billion shares valued at N34.54 billion traded in 42,65 transactions.
This contributed 50.12 per cent and 31.95 per cent to the total equity turnover volume and value, respectively.
The Oil and Gas Industry followed with 852.04 million shares worth N39.84 billion in 10,555 transactions.
The third place was the services industry, with a turnover of 400.19 million shares worth N2.52 billion in 9,214 transactions.
Trading in the top three equities, namely Royal Exchange, Access Holdings and Japaul Gold & Ventures, accounted for 1.68 billion shares worth N12.82 billion in 8,036 transactions.
The NGX All-Share Index and Market Capitalisation appreciated by 0.83 per cent and 0.50 per cent to close the week at 120,989.66 and N 76.34 trillion, respectively.
Similarly, all other indices finished higher with the exception of NGX Premium and NGX Industrial Goods Indices, which depreciated by 0.77 per cent and 2.11 per cent, respectively.
Seventy-eight equities appreciated in price during the week, the same as 78 equities in the previous week.
Twenty equities depreciated in price, lower than 27 in the previous week, while 49 equities remained unchanged, higher than 43 recorded in the previous week.
The top five gainers for the week are Meyer, RT Briscoe, FTN Cocoa Processors, International Energy Insurance, and UPDC, which grew by 60.11 per cent, 50.83 per cent, 40.24 per cent, 35.43 per cent, and 34.66 per cent, respectively.
The companies gained N5.50, N1.23, N1.34, 62k and N1.22, respectively.
PZ Cussons Nigeria, Julius Berger Nigeria, SCOA Nigeria, VFD Group and Halldane McCall were the top five decliners for the week as they lost N5.70, N12.40, 53k, 80k, and 20k, respectively.
The NGX also disclosed that the shares of Notore Chemical Industries had been delisted.
“We refer to our market bulletin of 11 June 2025 with reference Number: NGXREG/IRD/MB41/25/06/11, wherein the Market was notified of the suspension placed on trading in the securities of Notore Chemical Industries Plc in preparation for the delisting of the company.
“Following the approval of the company’s application to delist its entire issued share capital from Nigerian Exchange Limited (NGX), please be informed that the entire issued share capital of Notore Chemical Industries Plc was on Friday, 04 July 2025, delisted from the Daily Official List of NGX.”
(NAN)
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