The NGX came in hot at the start of the week, thanks to Tier-1 banks + consumer goods. But the vibe turned cautious as profit-takers showed up and sovereign bonds stayed flat. Let’s break it down
Winners — Big Volume, Big Moves
FCMB → The week’s liquidity king with 460.9m shares traded, pumping ₦4.73bn in value. Retail + institutional hands all over this one.
UNIVINSURE → Insurance minnows can still make noise. 42.2m shares traded — classic penny-stock hustle.
ROYALEX → Slid into the spotlight with 35.2m shares, value clocking ₦72.5m. Quiet climber.
ZENITHBANK → Tier-1 flex. 26.7m shares, ₦1.73bn in value. Institutions are holding this one steady.
FIRSTHOLDCO → Another quiet heavyweight. 25.9m shares traded, ₦791m in play. Not flashy, but consistent.
Losers — Flat, Stuck, or Just Meh
Bonds → Dead air. FGS202785, IAO2026S1, NMR2030S1, ADV2028S1A, DAN2028S1TC — all frozen at par. Zero vibe, zero price action.
ETFs → Except for VETBANK (+₦0.32 to ₦15.00), the rest stayed flat. VETGOODS, SIAMLETF40, VETGRIF30, MERVALUE — no love, no movement.
Profit-Takers → Select counters cooled as investors locked in gains. Classic caution play ahead of macro numbers dropping.
Foxxymobile Insider Take
The NGX is still riding Tier-1 bank liquidity + consumer goods push, but don’t get carried away. Bonds and most ETFs are snoozing, meaning smart money is hedging.
Playbook for now? Stick with volume leaders (FCMB, Zenith, UBA-type plays) while keeping dry powder ready for when macro shocks land.
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51 days agoFoxxymobile Insider Playbook — Market Movers (This Week’s Winners & Losers)
The NGX came in hot at the start of the week, thanks to Tier-1 banks + consumer goods. But the vibe turned cautious as profit-takers showed up and sovereign bonds stayed flat. Let’s break it down
Winners — Big Volume, Big Moves
FCMB → The week’s liquidity king with 460.9m shares traded, pumping ₦4.73bn in value. Retail + institutional hands all over this one.
UNIVINSURE → Insurance minnows can still make noise. 42.2m shares traded — classic penny-stock hustle.
ROYALEX → Slid into the spotlight with 35.2m shares, value clocking ₦72.5m. Quiet climber.
ZENITHBANK → Tier-1 flex. 26.7m shares, ₦1.73bn in value. Institutions are holding this one steady.
FIRSTHOLDCO → Another quiet heavyweight. 25.9m shares traded, ₦791m in play. Not flashy, but consistent.
Losers — Flat, Stuck, or Just Meh
Bonds → Dead air. FGS202785, IAO2026S1, NMR2030S1, ADV2028S1A, DAN2028S1TC — all frozen at par. Zero vibe, zero price action.
ETFs → Except for VETBANK (+₦0.32 to ₦15.00), the rest stayed flat. VETGOODS, SIAMLETF40, VETGRIF30, MERVALUE — no love, no movement.
Profit-Takers → Select counters cooled as investors locked in gains. Classic caution play ahead of macro numbers dropping.
Foxxymobile Insider Take
The NGX is still riding Tier-1 bank liquidity + consumer goods push, but don’t get carried away. Bonds and most ETFs are snoozing, meaning smart money is hedging.
Playbook for now? Stick with volume leaders (FCMB, Zenith, UBA-type plays) while keeping dry powder ready for when macro shocks land.