NGX Roundup: Bourse Supports Momentum with Profits N1.4Tr

The Nigerian equity market experienced bullish momentum, gaining n1.42 trillion profits in the new trading week that had just been concluded.

The market opens the first three days of trading a week with profits, however, the market records losses in the remaining two trading sessions.

Market capitalization increased to N75,962 trillion from N74,533 recorded in the previous week.

Likewise, the All-Share Index (ASI) is valued by 1.57% to close the week with 119,995.76 points from 118,138.22 points recorded the previous week.

Nigeria’s equity market began Sunday on Monday, June 23, 2025, with a bullish note because investors lost N278.50 billion at the end of the trade session.

The trend continued on Tuesday, June 24, 2025, because investors lost N764.12 billion at the end of the trade session.

Also read: SocialmediatRends: Nigerians React when young men hold Mega Rally for Tinubu-Shettima in Lagos

The trend continued on Wednesday, June 25, 2025, when investors obtained N1.18 trillion at the end of the trading session.

The market was closed on a negative record on Thursday, June 26, 2025, because investors lost the N307.03 billion.

The Equity Market closed the week on Friday, June 27, 2025, with N491.84BN losses for investors.

Meanwhile, a total turnover of 3.903 billion shares worth N102,221 billion in 114,484 agreements traded this week by investors on the exchange floor, in contrast to a total of 3,566 billion shares worth N115,403 billion who exchanged hands last week at 99,960 agreements.

The Financial Services Industry (measured by volume) leads the activity chart with 2.030 billion shares worth N41,934 billion traded in 42,959 offers; Thus contributed 52.02% and 41.02% respectively for the total volume and turnover value of equity.

The service industry was followed by 396,590 million shares worth N4,596 billion in 8,105 agreements.

In the third place is the agricultural industry, with a turnover of 385,704 million shares worth N14.469 billion in 10,515 offers.

Trading in the top three equity, namely Fidelity Bank PLC, Access Holdings PLC and Zenith Bank PLC (measured by volume) contributed 864,681 million shares worth N25,955 billion in 15,136 offers, contributed 22.16% and 25.39% to total volume of turnover and equity value, respectively.

Seventy -eight (78) equity is valued in prices for a week, higher than fifty -five (55) equity in the previous week. Twenty seven (27) equity depreciated in prices, lower than forty two (42) the previous week, while forty -three (43) equity remains unchanged, lower than fifty one (51) recorded in the previous week.

Neimeth International Pharmaceuticals PLC recorded the biggest increase in stock prices in the percentage, gaining 60.54% followed by Ellah Lakes PLC which increased its stock price by 31.33% in the process.

International Brewers PLC also increases its share price by 18.58%.

On the other hand, Multiverse Mining and Exploration PLC recorded the biggest decline in stock prices based on the percentage, spilling 9.33% followed by the PLC -related bus company, which dropped 9.26% of its share price.

Oando PLC also knocked down 7.38% of its share price.

By: Babajide Okeowo