NGX: Investors get N1.7TR as the equity market continue to run bullish

The Nigerian equity market recorded the 23rd day of the Bullish trade on Monday, August 4, 2025, gained profit N1.7 trillion for investors.

This follows the surge in stock prices such as the Royal Exchange Assurance PLC (Royalex), UPDC PLC (UPDC) and Lasaco Assurance PLC (Lasaco), among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 144,071.78 points from 141,263.05 points recorded on the previous trading day.

After five hours of trading in the capital market, the capitalization of equity increased to N91,149 trillion from N89,372 trillion recorded by the exchange on Friday, August 1, 2025.

The extent of the positive market, with 47 advanced shares, 23 shares declined, and 76 remaining shares did not change in 35,963 offers.

Royal Exchange Assurance PLC (Royalex), UPDC PLC (UPDC) and Lasaco Assurance PLC (Lasaco) lead other acquisitions with 10% growth each in the price closed on N1.65, N5.94, and N2.86 from N1.50, N5.40 and N2.60 per previous share.

Also read: NGX: Investors get the N948BN in August First Trading

Transcorp Power (Transcorp), Academy PLC (Academy), and John Holt PLC (Johnholt) leads other prices with a decrease in stock prices of 10%, 10% and 9.59% of N320.00, N7.30, and N6.60 from N288.00, N9.90, N7.30 per previous share.

In the volume index, First City Monument Bank (FCMB), led trade with 84 million shares in 1,312 agreements, followed by Universal Insurance PLC (Univinsure), which was traded 82 million shares in 184 agreements.

Fidelity Bank PLC (Fidelitybk), traded 48 million shares in 945 agreements.

In the value index, the Holding Trust (GTCO) guarantee, emerged as the top stock traded, gathered N2.7 billion in 1,304 offers, followed by Zenith Bank PLC (Zenithbank), which traded equity worth N1.8 billion in 1,470 agreements.

Dangote Cement PLC (Dangcem), the stock traded worth N1.5 billion in 936 agreements.