N43BN profit equity market records are simple to re -make a profit

Nigeria’s equity market returned to making profits on Monday, August 11, 2025, because investors recorded simple N43 billion profits on the trading floor.

This follows the surge in stock prices such as Sunu Assurance PLC (Sunussur), the initiative Place (TIP) and AIICO Insurance PLC (AIICO), among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 145,880.77 points from 145,754.91 points recorded on the previous trading day.

After five hours of trading in the capital market, equity capitalization increased to N92,294 trillion from N92,251 trillion recorded by the exchange on Friday, August 8, 2025.

The extent of the positive market, with 41 advanced shares, 36 shares declined, and the remaining 61 shares did not change in 40,435 offers.

Sunu Assurance PLC (Sunuasassur), Initial Place (TIP) and AIICO Insurance PLC (AIICO) lead other gainers with 10% growth in the price closed at N5.50, N13.20, and N3.85 from N5.00, N12.00 and N3.50 per previous stock.

Related Bus Companies (ABCTRANS), Abbey Mortgage Bank PLC (ABBEYBDS), and UAC Nigeria (UACN) lead other prices of 10%, 10%, and 9.99%decreased respectively in stock prices to be closed on N4.50, N5.67 and N75.25 from the previous N5.00, N6.30 and N83.60 per share.

On the volume index, Linkage Insurance PLC (Linkassure) led trade with 703 million shares in 451 agreements, followed by Universal Insurance PLC (Univinsure), which was traded 230 million shares in 424 agreements.

Also read: Naira Sheds N2.36 Against Dollars in the Official Window

AIICO Insurance PLC (AIICO), traded 154 million shares in 1,291 offers.

In the value index, Stanbic IBTC PLC (STANBIC), appeared as the top stock traded, collecting N1.7 billion in 189 agreements, followed by Linkage Insurance PLC (Linkassure) which trade equity worth N1.5 billion in 451 offers.

Zenith Bank PLC (Zenithbank), the stock traded worth N1.1 billion in 1, 286 agreements.

By Babajide Okeowo