NGX TRADING SUMMARY - 23rd April

NGX TRADING SUMMARY

Date: Wednesday, April 23, 2025

Source: Nigerian Exchange (NGX)

Market Activity at a Glance:

 • Total Volume Traded: 744.8 million shares

 • Total Value Traded: ₦18.28 billion

 • Total Deals Executed: 11,226

Compared to the previous trading day (Tuesday, April 22, 2025):

 • Volume jumped by 111%

 • Turnover surged by 154%

 • Number of deals fell by 18%

Market Capitalization:

 • Current Market Cap: ₦66.1 trillion

Market Breadth:

 • Total Stocks Traded: 127

 • Gainers: 33

 • Losers: 19

 • Unchanged: 75

This shows a positive market breadth, with more gainers than losers.

Top Gainers:

 1. Associated Bus Company (ABC Transport)

 • +9.86% | Closing Price: ₦1.56

 2. Learn Africa

 • +9.54%

 3. Regency Alliance Insurance

 • +9.43%

 4. Africa Prudential

 • +8.63%

These stocks led the rally, reflecting strong investor sentiment, especially in the transport, publishing, insurance, and registrar sectors.

Top Losers:

 1. VFD Group

 • -82.19% | Closing Price: ₦17.10

(A sharp decline—possibly due to profit-taking, major disclosures, or market repricing)

 2. Tripple Gee & Co.

 • -10.00%

 3. MRS Oil Nigeria

 • -9.95%

 4. Abbey Mortgage Bank

 • -9.94%

The steep fall of VFD Group significantly affected the day’s sentiment on the losing side.

Top Traded Stocks by Volume:

 1. Fidelity Bank – 389 million shares

(Dominated the day’s trade by a wide margin)

 2. Guaranty Trust Holding Co. (GTCO) – 47 million shares

 3. Universal Insurance Company – 41.9 million shares

 4. Access Holdings – 30.5 million shares

This shows strong activity in the banking and insurance sectors, with Fidelity Bank standing out as the volume leader.