NGX weekly turnover falls as market indices dip

March 28, 2026
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A total turnover of 3.950 billion shares worth N201.312 billion was traded in 359,642 deals on the Exchange by the end of the week.

This contrasts with 8.761 billion shares valued at N267.253 billion exchanged in 193,473 deals recorded in the previous week.

Consequently, the value of transactions on the Exchange declined by 32.75 per cent, according to official trading data.

The Financial Services Industry led activity, recording 2.881 billion shares worth N102.259 billion in 139,093 deals.

This accounted for 72.94 per cent of total volume and 50.80 per cent of total value traded during the week.

The ICT Industry followed, with 230.539 million shares valued at N45.172 billion exchanged in 52,669 transactions.

The Agriculture Industry ranked third, recording 191.927 million shares worth N6.626 billion in 16,471 deals.

Trading in Wema Bank Plc, Access Holdings Plc and United Bank for Africa Plc totalled 1.448 billion shares worth N43.191 billion in 28,436 deals.

This represented 36.65 per cent of total volume and 21.45 per cent of total value traded on the Exchange.

The NGX All-Share Index and market capitalisation declined by 0.12 per cent to close at 200,913.06 and N128.969 trillion respectively.

“Most indices closed lower during the week,” the report stated, noting mixed performance across key sectors.

However, NGX Main Board, Insurance, AFR Div Yield, Oil and Gas, Lotus II, Growth and Commodity indices recorded gains.

“These indices rose by 1.53, 2.22, 1.36, 1.93, 1.61, 2.31 and 2.77 per cent respectively,” the report added.

The NGX Sovereign Bond Index closed flat at the end of the trading week, reflecting stability in that segment.

A total of 47 equities appreciated, slightly lower than 48 gainers recorded in the previous trading week.

Meanwhile, 45 equities declined in price, higher than 43 recorded previously, while 56 equities remained unchanged.

Livestock Feeds, Fidson Healthcare, Cadbury Nigeria, Austinlaz and Learn Africa were the week’s top losers.

“They shed 95k, N10.50, N6.95, 44k and 85k respectively,” the report said.

Zichis Agro Allied Industries, Premier Paints, John Holt, Legend Internet and McNichols led the gainers’ chart.

“They gained N5.21, N14.10, N7.10, N1.50 and N1.27 respectively,” the report added.

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