NGX Trading for Q1 2025 Closes on a Positive Note

One of the best market reports in 2025 remains the NGX weekly market report for the final trading week of Q1 2025 (March) which closed with positive momentum. Otherwise, the All-Share Index (ASI) and Market Capitalisation appreciated by 0.66%, reaching 105,660.64 points and ₦66.257 trillion, respectively.

Trading volume was dominated by industrial goods, with 4.923 billion shares valued at ₦331.999 billion traded, representing 65.46% of total equity turn over volume and 83.22% of total equity turn over value.

The financial services industry followed with 2.092 billion shares valued at ₦31.744 billion, and the services industry registered a turnover of 198.775 million shares worth ₦788,669 million. The Oil/Gas Index suffered a 1.65% weekly decline, with a 9.34% quarter-to-date drop, the steepest quarterly decline among all indices.

The Oil/Gas sector’s underperformance signals a critical need for strategic interventions to restore investor confidence in the sector.

Advertisements

These interventions should include sustained efforts to ensure security of oil infrastructure and investment in modern day oil technology to optimise the sectors’ potential.

Also, there is need for exchange rate and inflation rate stability, which can be achieved through maintaining sustainable debt levels, and ensuring effective coordination between fiscal and monetary policies.