NGX Weekly: Investors gain N822bn as market capitalisation hits N89.744 trillion

By Taiye Olayemi

Investors on the Nigerian Exchange Ltd. (NGX) gained N822 billion as All-Share Index and Market Capitalisation appreciated by 0.92 per cent to close the week at 141,845.35 and N89.744 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX Insurance, NGX-AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, and NGX MERI Value which depreciated by 1.04, 1.14, 2.57, 0.15, 4.67 , 3.66, 1.74, 0.80 and 3.73 per cent respectively while the NGX AseM index closed flat.

Meanwhile, a total turnover of 2.735 billion shares worth N85.197 billion in 127,284 deals was traded this week by investors on the floor of the Exchange.

This is in contrast to a total of 3.188 billion shares valued at N99.685 billion that exchanged hands last week in 132,711 deals.

The Financial Services Industry led the activity chart with 1.909 billion shares valued at N37.834 billion traded in 56,026 deals.
This contributed 69.79 per cent and 44.41 per cent to the total equity turnover volume and value respectively.

The ICT Industry followed with 184.870 million shares worth N6.189 billion in 12,893 transactions.

The third place was the Services Industry, with a turnover of 176.506 million shares worth N813.252 million in 6,011 deals.

Trading in the top three equities, namely Abbey Mortgage Bank Plc, Fidelity Bank Plc and United Bank for Africa Plc, accounted for 875.822 million shares worth N16.417 billion in 11,389 deals.

This contributed 32.02 per cent and 19.27 per cent to the total equity turnover volume and value respectively.

Forty equities appreciated in price during the week, lower than 70 equities in the previous week.

Forty-one equities depreciated in price, higher than 22 equities in the previous week, while 66 equities remained unchanged, higher than 55 recorded in the previous week.

Guiness Nigeria, Multiverse Mining, Eunisell Interlinked, Etranzact International and Chellaram were the top five gainers for the week, as they grew in 28.60 per cent, 21.30 per cent, 20.28 per cent, 11.71 per cent and 9.77 per cent respectively.

They gained N40.90, N2.45, N5.15, N1.75 and N1.30 respectively.
The top five decliners for the week were: Omatek Ventures, Cornerstone Insurance, Secure Electronic Technology, Royal Exchange and United Bank for Africa as they lost 24k, N1.13, 11k, 26k and N4.50 respectively.

The NGX also notified the trading public that NGX30H6 and NGXPENSIONH6 Futures Contracts were listed on the Exchange on Monday, 15 September 2025.

“We refer to our market bulletin of 12 August 2025 with reference number: NGXREG/IRD/MB59/25/08/12 wherein the market was notified that trading in Chams Holding Company Plc’s (the Company) Rights Issue of 2,348,030,000 ordinary shares of 50 Kobo each at N1.70 per share.

This is on the basis of one (1) new ordinary share for every two (2) ordinary shares held as at the close of business on Wednesday, June 16 abd opened on Friday, Aug. 8.

“Trading Licence Holders are hereby notified that Chams Holding Company Plc has obtained the approval of the Securities and Exchange Commission (SEC) to extend the period of the Rights Issue by ten (10) working days.

“Consequently, trading in the company’s rights will now close on Friday, 26 September 2025.” (NAN)