NGX Records N99.86bn Turnover In Five Days As Trading Slows

NGX Becomes World’s Best-performing Stock Market In 2024 NGX Becomes World’s Best-performing Stock Market In 2024

Trading activities on Nigerian Exchange Limited declined during the week ended January 23, 2026, as investors recorded lower turnover compared to the previous trading period.

Gatekeepers News reports that market data showed that a total of 3.74 billion shares valued at N99.86 billion were exchanged in 237,179 deals over the five trading days.

The latest figures represent a sharp drop from the preceding week, when 4.6 billion shares worth N130.63 billion changed hands in 263,439 transactions.

The comparison shows that market turnover fell by about 23.6 percent within the period under review, reflecting reduced investor participation.

The NGX also reported a slight contraction in overall market value, with market capitalisation declining by 0.37 percent to N105.95 trillion, down from N106.35 trillion recorded the previous week.

This followed a drop in the all-share index, which slipped by 0.39 percent from 166,129.5 points to 165,512.18 points, indicating mild bearish sentiment across the market.

By activity level, the financial services sector dominated trading during the week, as investors traded 1.74 billion shares valued at N44.89 billion in 90,589 deals.

The sector accounted for 46.49 percent of total traded volume and 44.95 percent of total market value, largely driven by sustained interest in banking and financial stocks.

The services sector came next with 707.61 million shares worth N4.37 billion traded in 18,322 deals, while the ICT sector followed with 303.21 million shares valued at N5.93 billion in 24,107 transactions.

Market data showed that Secure Electronic Technology Plc, Tantalizers Plc, and Access Holdings Plc emerged as the most traded equities by volume during the week.

Together, the three stocks recorded 734.08 million shares valued at N5.72 billion in 15,726 deals, contributing 19.59 percent of total market volume and 5.73 percent of overall market value.

On the gainers’ table, Deap Capital Management and Trust Plc led the rally after its share price rose to N7.14 kobo from N4.46 kobo.

SCOA Nigeria Plc also posted strong gains, closing at N23.8 kobo per share from N14.9 kobo, while NCR Nigeria Plc advanced to N188.15 kobo from N128.55 kobo.

Zichis Agro Allied Industries Plc and DAAR Communications Plc also recorded price appreciation during the week.

On the losing side, Eterna Plc closed lower at N32.3 kobo per share after shedding N3.85 kobo. Secure Electronic Technology Plc declined to N0.97 kobo from N1.08, while Industrial and Medical Gases Nigeria Plc ended the week at N34.85 kobo per share, down from N38.7 kobo.

Aluminium Extrusion Industries Plc and UDPC Plc also recorded losses, reflecting mixed performance across sectors.