The Nigerian Stock Exchange (NGX) ended the last trading day of the week on a strong note, recording a major rebound in market activity on Friday, November 28, 2025.
Investors exchanged 560,008,738 shares in 20,620 deals, representing a total market value of ₦13.59 billion.
The improved performance marks a sharp turnaround from Thursday’s session, with trading volume jumping 73%, turnover rising 13%, and the number of deals also increasing by 13%. The broader market remains steady, with the NGX’s market capitalisation standing at ₦92.2 trillion.
Ikeja Hotel Plc (IKEJAHOTEL) closed the day as one of the exchange’s standout performers, appreciating by 10% to ₦30.25, up from ₦27.50. The hospitality stock has been one of the year’s strongest rallying equities, gaining an impressive 169% year-to-date and placing 18th among the NGX’s top performers.
Its momentum has strengthened in recent weeks, with the stock soaring 61% in the last four weeks—the second-highest short-term gain on the local bourse.
Nigerian Exchange Group Plc (NGXGROUP), the listed entity of the Nigerian Exchange, also posted a solid performance, gaining 10% to close at ₦56.20. With its share price having doubled from ₦27.25 at the start of the year, NGXGROUP now boasts a 106% year-to-date return and ranks 43rd on the performance chart.
Printing and publishing firm Academy Press advanced by 9.7% to ₦7.35, continuing its impressive run. Academy Press has climbed 145% year-to-date, earning a 22nd-place ranking among the market’s best-performing stocks.
On the losers’ chart, Abbey Mortgage Bank Plc (ABBEYBDS) shed 10% to close at ₦5.85, down from ₦6.50. Despite a 95% year-to-date gain, the stock has struggled recently, losing 16% over the past month.
Meyer Plc (MEYER) also slumped 10% to ₦13.10. Although the paint manufacturer still carries a 55.4% gain since the start of 2025, recent sentiment around the stock has weakened, with a 19% decline recorded in the last four weeks.
Insurance firm Sunu Assurances Nigeria Plc (SUNUASSUR) closed the day at ₦3.92, falling 9.9% from its previous price. The stock has endured a particularly difficult year, having dropped 63.5% year-to-date, placing it among the worst performers on the NGX. It has also lost 13% since the end of October, deepening investor concerns.
