Trading activities on the Nigerian Exchange (NGX) closed on a bullish note on Thursday, September 4, 2025, with a sharp spike in market volume despite a drop in turnover and number of deals.
At the end of the session, investors exchanged a total of 1.82 billion shares valued at ₦15.98 billion across 24,598 deals. The figure represents a 277% increase in traded volume, though turnover declined by 19%, while the number of deals also dropped by 13%, compared to Wednesday’s session. The overall market capitalization settled at ₦87.9 trillion.
A total of 126 listed equities participated in the day’s trading, with 41 gainers and 12 losers. Ellah Lakes Plc topped the gainers’ chart with a 10% rise to close at ₦12.98 per share. It was followed by Veritas Kapital Assurance (+10%), Honeywell Flour Mill (+9.95%), and AXA Mansard Insurance (+9.94%).
On the flip side, Austin Laz & Company led the laggards with a 9.75% decline, closing at ₦2.87 per share. Other notable losers included Neimeth International Pharma (-8.33%), Daar Communications (-4.44%), and Champion Breweries (-4.15%).
In terms of traded volumes, Sovereign Trust Insurance dominated the activity chart with 1.42 billion units, followed by Nigerian Breweries (41.2 million), Fidelity Bank (30.6 million), and Zenith Bank (26.4 million).
Market indices also reflected the bullish outing, with the benchmark All-Share Index (ASI) advancing by 822.85 points (0.6%) to close at 138,980.01 points. Despite this, the index still posted a 1-week loss of 1.12% and a 4-week decline of 5.18%, but remained strong on a year-to-date gain of 35.03%.
Other key indices also recorded positive closes:
· NGX Top 30 Index: +0.62% (YTD: +33.18%)
· NGX Insurance Index: +6.73% (YTD: +78.13%)
· NGX Consumer Goods Index: +1.54% (YTD: +82.07%)
· NGX Banking Index: +0.98% (YTD: +38.81%)
· NGX Main Board Index: +0.74% (YTD: +35.36%)
· NGX Pension Index: +0.7% (YTD: +45.97%)
The strong outing of insurance and consumer goods stocks largely influenced Thursday’s market rebound, keeping the bourse on a positive trajectory despite recent weeks of volatility.
