NGX: Equities Market declined again because investors lost N150BN

The Nigerian equity market continues to decline on Tuesday, July 1, 2025, because investors lose N150 billion after five hours of trading in the capital market.

This follows a decrease in stock prices such as University Press Limited (UPL), SCOA Nigeria (SCOA) and Thomas Wyatt Nigeria (Thomaswy), among others, on the trading floor.

The Benchmark All-Share Index (ASI) decreased to 119,741.23 points from 119,978.57 points recorded on the previous trading day.

After five hours of trading in the capital market, the capitalization of equity fell to N75,801 trillion from N75,951 trillion, which was recorded by the Exchange on Monday, June 30, 2025.

The extent of the positive market, with 47 advanced shares, 23 shares declined, and 78 remaining shares did not change in 21,546 offers.

Honeywell Flours PLC (Honyflour), Mcnichols PLC (Mcnichols) and Mutual Benefits of PLC (Mbenefit) lead other gainers with growth of 10% in the price closed at N23.65, N2.53 and N1.21 from N21.50, N21.50, N2.53, N2.53 and N1.

Also read: NGX: Investors get N1.9Tr massive in five hours

University Press Limited (UPL), SCOA Nigeria (SCOA) and Thomas Wyatt Nigeria (Thomaswy) lead other prices with 10%, 9.83% and 9.57% decreased each in stock prices to be closed at N5.04, N4.86 and N1.70 from the previous N5.60, N5.39 and N1.8.8.70 per share.

In the volume index, Ellah Lakes PLC (Ellahlakes) led the trade with 46 million shares in 488 agreements, followed by UPDC PLC (UPDC), which was traded 38 million shares in 106 agreements.

Universal Insurance Company (Univinsure) trading 30 million shares in 102 agreements.

In the value index, Nigerian Breweries PLC (NB) appeared as the top stock traded, collecting N1.7 billion in 246 agreements, followed by Nestle Nigeria (Nestle), who traded equity worth N1.1 billion in 148 agreements.

Zenith Bank PLC (Zenithbank) traded shares worth N1 billion in 947 agreements.

By: Babajide Okeowo