NGX Roundup: The equity market yelled at 3 weeks of defeat because investors get the N966BN

The Nigerian equity market yelled at a three -week -old defeat in April, posted a strong rebound because investors recorded 966 billion profits for a week

Ripples Nigeria reported that investors recorded N208 billion losses in the previous week.

On the new trading Sunday, the equity market opened for four days, getting three and lost in one of the trading sessions while gaining the profit N966 billion in the process.

Market capitalization increased to N66,465 trillion from N65,499 trillion in the previous week.

Likewise, the All-Share (ASI) index is valued at 1.46% to close the week with 105,752.61 points from 104,233.81 points recorded the previous week.

Nigeria’s equity market began Sunday on Tuesday, April 22, 2025, with a bullish record when investors received N317.84 billion at the end of the trade session.

The market was closed with profits on Wednesday, April 23, 2025, because investors obtained N341.86BN.

The equity market was closed on Thursday, April 24, 2025, with profits because investors received N508.14 billion.

The trend obtained behind on Friday, April 25, 2025, because investors lost N202.15 billion at the end of the trading session.

Meanwhile, a total Turnover of 1,854 billion shares worth N56,025 billion in 51,386 agreements traded this week by investors on the stock exchange floor, in contrast to a total of 1.525 billion shares worth N43,006 billion who exchanged hands last week at 51,156 agreements.

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Financial services (measured by volume) leading the activity chart with 1,266 billion shares worth N29,400 billion traded in 24,351 offers; Thus contributing 68.28% and 52.48% for the total volume and value of each equity turnover.

The ICT industry was followed by 136,707 million shares worth N12,472 billion in 2,974 agreements.

In the third place is the consumer goods industry, with a turnover of 118,617 million shares worth N4,415 billion in 5,869 offers.

Trading in the top three equity namely Fidelity Bank PLC, Access Holdings PLC and Guaranty Trust Holding Company PLC (measured by volume) contributed 797,873 million shares worth N22,043 billion in 8,618 offers, contributing 43.03% and 39.34% for total volume of Turnover and total value. Changing Equity – Last

Sixty -four (64) equity is valued in prices for a week, higher than thirty -one (31) equity in the previous week. Twenty seven (27) equity depreciated in prices, lower than forty four (44) the previous week, while fifty seven (57) equity remained unchanged, lower than seventy two (72) recorded in the previous week.

International Brewers PLC recorded the largest increase in stock prices in a percentage that rose 40% followed by Nascon Allied Industries PLC which increased its share price by 26.22% in the process.

Africa Prudential PLC also increased its share price by 25.64%.

On the other hand, VFD Group PLC recorded the largest decline in stock prices based on the percentage, spilling 82.19% followed by John Holt PLC, which dropped 18.60% of its share price.

Dangote Cement PLC also dropped 10% of its share price.

By: Babajide Okeowo

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