Trading activities on the Nigerian Exchange slowed down last week, as the total value of shares exchanged dropped sharply by 25.8 per cent compared to the previous week.
Investors traded 3.199 billion shares worth N85.399 billion in 142,477 transactions, lower than the 4.773 billion shares valued at N107.426 billion that exchanged hands a week earlier across 152,965 deals.
The Financial Services Industry maintained its dominance, accounting for 2.195 billion shares worth N42.689 billion in 66,808 trades. This represented 68.61 per cent of total equity turnover volume and 49.99 per cent of the value.
The Consumer Goods Industry followed with 277.881 million shares valued at N9.910 billion in 15,518 transactions, while the Services Industry came third with 178.992 million shares worth N1.308 billion in 7,580 trades.
Trading in the top three equities—FCMB Group Plc, Champion Breweries Plc, and Access Holdings Plc—recorded 778.603 million shares worth N13.155 billion in 11,288 transactions, representing 24.34 per cent and 15.40 per cent of turnover volume and value respectively.
The NGX All-Share Index and Market Capitalisation depreciated by 0.50 per cent and 0.49 per cent to close at 140,295.50 points and N88.769 trillion respectively. Similarly, most sectoral indices closed lower, except NGX AFR Div Yield which gained 0.94 per cent, while the NGX ASeM index remained flat.
In terms of market performance, 32 equities appreciated in price during the week compared to 43 in the previous week. Conversely, 57 equities closed lower, higher than the 54 recorded a week earlier, while another 57 remained unchanged, also up from 49 previously.
Secure Electronic Technology, Guinea Insurance, Lasaco Assurance, University Press and Mutual Benefits Assurance topped the losers’ chart, with price declines ranging between 25k and 76k. On the other hand, McNichols, Nem Insurance, Berger Paints, Coronation Insurance and Learn Africa emerged as the week’s biggest gainers, posting increases between 11.43 per cent and 18.75 per cent.
Meanwhile, 270,382 additional units of Chapel Hill Denham Nigeria Infrastructure Debt Fund were listed on the Daily Official List of NGX following its Q2 2025 scrip dividend, bringing the fund’s total outstanding units to 1,056,014,529.
The Exchange also listed 87.9 million units of Coronation Asset Management Ltd.’s Series 1 Infrastructure Fund at N100 per unit under its N200 billion issuance programme. In addition, Industrial & Medical Gases Nigeria Plc opened its rights issue of 199,797,458 ordinary shares at N32 each, on the basis of two new shares for every five held as of May 21.
To wrap up the week, the NGX confirmed the supplementary listing of additional Federal Government Bonds issued in May 2025, further expanding the range of fixed-income instruments available to investors.