NGX: The equity market starts on Sunday Green because investors get the N540BN

Nigeria’s equity market began the week on Monday, May 26, 2025, because investors obtained N540 billion at the close of trade.

This follows the surge in stock prices such as Aradel Holdings (Aradel), University Press (UPL) and related bus companies (ABCTRANS), among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 109,884.92 points from 109,028.62 points recorded on the previous trading day.

After five hours of trading in the capital market, equity capitalization jumped to N69,291 trillion from N68,751 trillion recorded by the exchange on Friday, May 23, 2025.

The extent of the positive market because 33 shares advanced, 31 shares declined, and 66 shares remained unchanged in 19,755 agreements.

Aradel Holdings (Aradel), University Press (UPL) and related bus companies (ABCTRANS) led other holders with growth of 9.98%, 9.86% and 8.43% in prices closed on N505.90, N4.79 and N2.70 from the previous N460.00, N4.36 and N2.49 per share.

Also read: NGX: Post the Equity Market N130BN Gain, Redstarex, UPL Top Trading

Tripple Gee & Co. PLC (Trippleg), MRS Oil Nigeria (MRS) and Chellarams PLC (ChellaraMS) lead other prices with 10%, 9.97% and 9.96% decreases from N2.307, N141.80 and N10.58 from N2.30, N141.80 and N10.58 from N2.30, N141.80 and N10.58.

On the volume index, Fidelity Bank PLC (Fidelitybk) led trade with 46 million shares in 873 agreements, followed by Custodian & Allied PLC (Custodian) traded 37 million shares in 144 agreements.

Access Holdings PLC (Accesscorp) traded 35 million shares in 1,032 offers.

In the value index, the guarantee of the company Holding Trust (GTCO) appears as the top stock traded, collecting N1.7 billion in 826 agreements, followed by Zenith Bank PLC (Zenithbank) who trade equity worth N862 million in 895 offers.

Fidelity Bank PLC (Fidelitybk) traded shares worth N855 million in 873 agreements.

By: Babajide Okeowo

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