The Nigerian Exchange Ltd. (NGX) experienced a notable upswing in its All-Share Index and Market Capitalisation, with both indices appreciating by 0.92 per cent to close at 141,845.35 and N89.744 trillion, respectively. This growth represents a significant increase from the previous week’s closing values of 140,545.69 and N88.922 trillion. As a result, equities investors accumulated gains totaling N822 billion over the course of the week.
A closer examination of the market’s performance reveals that while the NGX All-Share Index and Market Capitalisation demonstrated growth, other indices, such as the NGX CG, NGX Premium, NGX Banking, and NGX Insurance, among others, depreciated by varying percentages. Conversely, the NGX AseM index remained stagnant. The total turnover of shares for the week stood at 2.735 billion, valued at N85.197 billion, and executed through 127,284 deals. This activity level is slightly lower than the preceding week’s turnover of 3.188 billion shares worth N99.685 billion, which were traded in 132,711 deals.
The Financial Services Industry dominated the activity chart, accounting for 69.79 per cent and 44.41 per cent of the total equity turnover volume and value, respectively. The ICT and Services Industries followed, with notable turnovers as well. Trading in top equities, including Abbey Mortgage Bank Plc, Fidelity Bank Plc, and United Bank for Africa Plc, collectively accounted for 32.02 per cent and 19.27 per cent of the total equity turnover volume and value.
Forty equities experienced price appreciation during the week, while forty-one equities saw their prices decline. Notably, Guinness Nigeria, Multiverse Mining, and Eunisell Interlinked were among the top gainers, with percentage growths of 28.60 per cent, 21.30 per cent, and 20.28 per cent, respectively. On the other hand, Omatek Ventures, Cornerstone Insurance, and Secure Electronic Technology were among the top decliners.
In other developments, the NGX announced the listing of NGX30H6 and NGXPENSIONH6 Futures Contracts on the Exchange, effective Monday, 15 September 2025. Furthermore, Chams Holding Company Plc has secured approval from the Securities and Exchange Commission (SEC) to extend its Rights Issue period by ten working days, with the new closing date set for Friday, 26 September 2025. These developments underscore the dynamic nature of the Nigerian Exchange, with ongoing activities shaping the market’s trajectory. As investors and stakeholders navigate these changes, the Exchange’s performance will likely remain under close scrutiny.
