The Nigerian equity market snapped at the 5 -week bullish sentiment to record the loss of N713 billion in the new trading week which had just ended.
The market records profits in two of the five trading sessions this week.
Market capitalization declined to N91,502 trillion from N92,215 trillion recorded in the previous week.
Likewise, the All-Share Index (ASI) appreciated 0.77% to close the week with 144,628.20 points from 145,754.91 points recorded the previous week.
Nigeria’s equity market began Sunday on Monday, August 11, 2025, with a bullish record when investors gained N79.61 billion at the end of the trade session.
The trend continued on Tuesday, August 12, 2025, when investors received N110.78 billion in five hours.
The positive trend reversed on Wednesday, August 13, 2025, because investors lost N120.93 billion at the end of the trading session.
The market was closed with a negative record on Thursday, August 14, 2025, because investors lost N357.33 billion.
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The equity market closed the week with a negative record on Friday, August 16, 2025, with a loss of N425.05BN for investors.
Meanwhile, a total of 8,564 billion shares worth N99,936 billion in 177,870 agreements were traded this week by investors on the stock exchange floor, in contrast to a total of 8,736 billion shares worth N134,577 billion who exchanged hands last week in 180,290 agreements.
The Financial Services Industry (measured by volume) leads the activity chart with 6.916 billion shares worth N56,716 billion traded in 84,589 offers; Thus contributed 80.75% and 56.75% for the total volume and value of each equity turnover.
The oil & gas industry was followed by 387,647 million shares worth N8.502 billion in 11,249 offers.
In the third place is the agricultural industry, with a turnover of 315,540 million shares worth N6,019 billion in 11,747 offers.
Trade in the top three equity, namely Universal Insurance PLC, Linkage Assurance PLC and AIICO Insurance PLC, (measured by volume), contributed 2.787 billion shares worth N6,622 billion in 11,067 offers, contributing 32.54% and 6.63% for total turnover volume and total value.
Fifty (50) equity is valued in prices for a week, lower than sixty six (66) equity in the previous week. Forty nine (49) equity depreciated in price, higher than forty -one (41) in the previous week, while forty -seven (47) equity remained unchanged, higher than thirty nine (39) recorded in the previous week.
Mutual benefits of Assurance PLC recorded the biggest increase in stock prices in the percentage, up 31.85% followed by Tripple Gee and PLC companies which increased their stock prices by 30.23% in the process.
Sunu Nigeria PLC Assurances also raised its share price by 23.80%
On the other hand, UPDC PLC recorded the largest decline in stock prices based on the percentage, spilling 17.72% followed by LivingTrust Mortgage Bank PLC, which dropped 16.00% of its share price.
Berger Paints PLC also knocked out 14.67% of its share price.
By: Babajide Okeowo