NGX Roundup: Bourse Supports Momentum with Profits N1.7Tr

The Nigerian equity market experienced bullish momentum, gaining n1.74 trillion profits in a trade full week after the Eid al -Fitr holiday and Democracy Day.

Although there are losses that record in the first two trading days a week, the market records profits in the remaining three trading sessions.

Market capitalization increased to N74,533 from N72,788 trillion from N72,275 trillion recorded in the previous week.

Likewise, the All-Share Index (ASI) increased to 118,138.22 points from 115,429.54 points recorded in the previous week.

Nigeria’s equity market began Sunday on Monday, June 16, 2025, with a record of bearish because investors lost N107.69 billion at the end of the trade session.

The trend continued on Tuesday, June 17, 2025, because investors lost N183.31 billion at the end of the trade session.

This trend was reversed on Wednesday, June 18, 2025, because investors obtained N1.18 trillion at the end of the trading session.

The market was closed with a positive record on Thursday, June 19, 2025, when investors obtained N677.73 billion.

The Equity Market closed the week on Friday, June 20, 2025, with a profit of N174.82 billion for investors.

Also read: Naira gets N2.05 against dollars in an official window

Meanwhile, a total turnover of 3,566 billion shares worth N115,403 billion in 99,960 agreements traded this week by investors on the stock exchange floor, in contrast to a total of 2.057 billion shares worth N51.015 billion who exchanged hands last week at 65,016 transactions.

The Financial Services Industry (measured by volume) leads the activity chart with 2.166 billion shares worth N62,046 billion traded in 45,851 agreements; Thus contributed 60.73% and 53.76% for the total volume and value of each equity turnover.

The consumer goods industry was followed by 580,893 million shares worth N10,896 billion in 10,909 offers.

In the third place is the service industry, with a turnover of 193,300 million shares worth N2,449 billion in 6,306 offers.

Trading in the top three equity namely Zenith Bank PLC, Champion Brew. PLC and Access Holdings PLC (measured by volume) contributed 1.003 billion shares worth N26,076 billion in 14,232 offers, contributed 28.14% and 22.60% for total volume and value of the equity turnover.

Fifty five (55) equity is valued in prices for a week, equal to fifty -five (55) equity in the previous week. Forty two (42) equity depreciated in price, higher than thirty nine (39) in the previous week, while fifty -one (51) equity remained unchanged, lower than fifty four (54) recorded in the previous week.

Ellah Lakes PLC recorded the biggest increase in stock prices in the percentage, gaining 23.09% followed by beta glass PLC which increased its share price by 19.43% in the process.

Living Trust Mortgage Bank PLC also increases its share price by 18.58%.

On the other hand, the New Nigeria Flour Mills PLC recorded the largest decline in stock prices based on the percentage, shed 17.19% followed by Sunu Assurances Nigeria PLC, which reduced 12.81% of its share price.

Oando PLC also dropped 11.59% of its share price.

By: Babajide Okeowo