• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Exclusives

Weekly Stock Update: Nigerian Exchange Group records 1.58% loss week-on-week

Inimfon Asifa by Inimfon Asifa
March 19, 2023
in Exclusives, Markets, Stock Market
 NGX All-Share Index sustains negative profile 
Share on FacebookShare on TwitterShare on Linkedin

Key highlights

  • Nigerian equities market closed bearish last week, with the All-Share Index depreciating by 1.58%.
  • Financial Services Industry led the activity chart, contributing 64.14% and 59.97% to the total equity turnover volume and value, respectively.
  • 19 equities appreciated, 47 depreciated, and 91 remained unchanged during the week.

The Nigerian equities market closed bearish last week as the All-Share Index depreciated by 1.58%, against the 0.48% growth recorded during the previous week.

This is according to the information contained in the weekly stock market report, released by the Nigerian Exchange Group and seen by Nairametrics.

The benchmark index, ASI, depreciated by 1.58% from 55,794.51 points recorded as of the end of last week to close the week at 54,915.39index points, while the market capitalization followed suit to close at N29.916trillion.

RelatedStories

Bears assert dominance, crashing stocks by 183.88 points, erasing N103.97 billion in value

All-Share Index shatters 109,200-barrier at N68.6 trillion cap, prints the highest high ever 

May 8, 2025
NGX

All-Share Index gains 0.62% as BETAGLAS and TIP shine, GTCO leads trading value 

May 6, 2025

This brings the month-to-date performance of the Nigerian stock market to a negative 1.60% and a year-to-date gain of 7.15%.

Equity market performance 

A total of 853.745 million shares valued at N11.84 billion were traded during the week across 18,543 deals on the floor of The Exchange. This is greater than the 1.023 billion units of shares valued at N20.221 billion that exchanged hands in the previous week in 18,650 deals.

The Financial Services Industry led the activity chart in terms of volume of shares traded with 547.566 million shares valued at N7.100 billion traded in 9,419 deals; thereby contributing 64.14%and 59.97%to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with 85.145 million worth N134.734 million in 717deals, while the e Consumer Goods Industry, stood in third place with a turnover of 52.981 million shares worth N1.584billionin 2,865deals.

Trading in the top three equities by volume namely TRANSCORP, ZENITHand STERLNBANK accounted for 226.004millionshares worth N2.041 billion in 2,613deals, contributing 26.47% and 17.24%to the total equity turnover volume and value respectively.

Similarly, 5 indexes finished higher while 14 finished low.

Top Gainers 

  • PRESTIGE up + 9.76% to close at N0.45
  • ENAMELWA up + 9.57% to close at N17.75
  • UPL up + 9.34% to close at N1.99
  • CWG up + 8.79% to close at N0.99
  • FTNCOCOA up + 7.69% to close at N0.28

Top Losers 

  • UCAPdown – 16.72% to close at N12.20
  • LINKASSURE down – 10.87% to close at N0.41
  • ETI down – 10.00% to close at N10.80
  • IMGdown – 9.32% to close at N7.30
  • NPFMCRFBK down – 8.47% to close at N1.73

Summary 

Nineteen (19) equities appreciated during the week lower than twenty-two (22) equities in the previous week. Forty-seven (47)equities depreciated lower than forty-one (41) in the previous week, while ninety-one (91) equities remained unchanged, lower than ninety-four (94)equities recorded in the previous week.


Follow us for Breaking News and Market Intelligence.
Tags: TOP GAINERS
Inimfon Asifa

Inimfon Asifa

Related Posts

Bears assert dominance, crashing stocks by 183.88 points, erasing N103.97 billion in value
Equities

All-Share Index shatters 109,200-barrier at N68.6 trillion cap, prints the highest high ever 

May 8, 2025
NGX
Equities

All-Share Index gains 0.62% as BETAGLAS and TIP shine, GTCO leads trading value 

May 6, 2025
Nigerian equities
Equities

All-Share Index dips 0.40% as BUACEMENT and ELLAHLAKES decline; ACCESSCORP leads in trading volume

March 19, 2025
NGX
Equities

Nigerian stock market ends February in the green, as Dangote Cement, shines 

March 2, 2025
NGX
Equities

Weekly Market Wrap: All-Share climbs 1.38% amid gains in Premium stocks and the banking sector 

February 8, 2025
Nigerian Stock Exchange
Breaking News

Nigerian All-Share shatters 100,000 barrier as MRS (Chevron) and WAPIC top gainers 

December 17, 2024
Next Post
Here’s what Otti’s N10 billion MSME financing will achieve in Abia 

Alex Otti alleges manipulation of results in Abia state

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Hollywood’s “Jurassic World: Rebirth” debuts N52.5 million in Nigerian cinemas
  • Samsung unveils Galaxy Z Fold7 | Flip 7 | Flip 7R, raising the bar for smartphones 
  • Why companies scramble to offer Commercial Papers in H1 2025 – Optimus MD, Ayodeji Ebo 

Follow us on social media:

Recent News

Hollywood’s “Jurassic World: Rebirth” debuts N52.5 million in Nigerian cinemas

Hollywood’s “Jurassic World: Rebirth” debuts N52.5 million in Nigerian cinemas

July 12, 2025
Samsung unveils Galaxy Z Fold7 | Flip 7 | Flip 7R, raising the bar for smartphones 

Samsung unveils Galaxy Z Fold7 | Flip 7 | Flip 7R, raising the bar for smartphones 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics