Lagos: Investors on the Nigerian Exchange Ltd. drove a powerful N8.66 trillion surge this week, fueled by heightened trading activity and strong market capitalisation.
Market capitalisation leapt by 6.60 per cent from N131.166 trillion to N139.827 trillion. N139.827 trillion.
A 6.57 per cent surge lifted the NGX All-Share Index to 217,167.57, up from last week. As noted in the NGX report released Saturday, the review period saw investors gain a total of N8.661 trillion.
During the week, investors traded 3.588 billion shares worth N195.313 billion across 254,553 deals.In contrast, the previous week recorded trades of 3.361 billion shares valued at N151.948 billion in 229,442 transactions.9.
The Financial Services Industry led activity, posting 2.498 billion shares valued at N94.005 billion over 111,052 deals. In this sector, it contributed 69.62 per cent to total equity turnover volume and 48.13 per cent to total equity turnover value. Trailing closely was the Services Industry, with 329.034 million shares worth N3.452 billion changing hands in 14,050 deals.
The Oil and Gas Industry ranked third, recording 152.472 million shares valued at N42.511 billion. Sterling Financial Holdings Company Plc, Access Holdings Plc, and Zenith Bank Plc together recorded 1.038 billion shares in 33,067 deals, totalling N46.081 billion.
This contributed 28.92 per cent to total turnover volume and 23.59 per cent to total turnover value, respectively.
This week witnessed a remarkable rally, with 61 equities surging ahead—an exciting leap from just 25 the previous week. What opportunities did investors seize to drive this momentum?
Thirty-six equities declined, down from 54, while 49 remained unchanged, fewer than the 67 recorded. Trans-Nationwide Express Plc, Ecobank Transnational Incorporated, Stanbic IBTC Holdings Plc, Royal Exchange Plc, and Aradel Holdings Plc led the gainers’ list, with all celebrating significant advances. significant advances. Which of these remarkable performers was your pick for the week?
Their price gains were N2.28, N21.30, N50.55, 42k, and N3. Conversely, Coronation Insurance Plc, Ikeja Hotel Plc, International Energy Insurance Plc, Academy Press Plc, and Honeywell Flour Mills Plc ended the week among the biggest losers. ek’s losers’ chart. Will these companies make a comeback in the coming weeks?
They recorded declines of 42k, N5.60, 49k, N1.10 and N2.35 respectively. The exchange also notified Trading Licence Holders of the activation of codes for rights issues by three insurance firms.
“This enables investors to trade in the offers following their respective qualification dates,” NGX said.
The rights issue for Guinea Insurance Plc opened on March 25, 2026, and is available to shareholders who were registered as of January 21. Eligible shareholders can participate in accordance with their entitlements.
Lasaco Assurance Plc’s rights issue began trading on April 2 for shareholders who were eligible as of February 20. These shareholders can now exercise their rights to purchase additional shares.
Sunu Assurances Nigeria Plc began trading its rights issue on April 13 for shareholders on record as of February 12.
