NGX Weekly: Deals Drop as Investors Trade 4.77bn Shares Worth N107.4bn | Tech | Business

NGX Weekly: Deals Drop as Investors Trade 4.77bn Shares Worth N107.4bn | Tech | Business



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Trading activity on the Nigerian Exchange slowed last week, with the market recording 152,965 deals valued at N107.43 billion.

This was lower than the 177,870 deals executed in the previous week.

Figures from the NGX weekly report show that 4.77 billion shares changed hands in the week ended August 22, 2025.

The Financial Services sector once again led the activity chart, accounting for 3.73 billion shares worth N60.63 billion across 72,977 deals. This represented 78.24% of total turnover by volume and 56.44% by value.

Consumer Goods stocks followed with 370.40 million shares worth N14.03 billion in 17,997 deals, while the Services sector placed third with 176.29 million shares valued at N1.28 billion traded in 8,790 deals.

Despite fewer deals, the market closed Friday on a positive note. The All-Share Index gained 671.70 basis points, or 0.48%, to end at 141,004.14, while market capitalisation rose by N424.96 billion to N89.21 trillion.

On the stock market movement, Atlass Portfolio noted, “This rebound brought an end to three successive sessions of decline, driven by renewed buying interest in recently moderated medium and large cap stocks, such as BETAGLAS, VERITASKAP, CAP, BUAFOODS, and others across major sectors.”

Even so, the week as a whole was negative. The NGX-ASI lost 2.51% on a week-on-week basis, wiping off about N2.29 trillion in investors’ wealth.

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Source: Techeconomy

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