NGX: The equity market starts Sunday with N7BN losses for investors

The Nigerian equity market began trading week on Monday, May 19, 2025 with N7.89BN losses for investors.

This follows a decrease in stock prices such as Initates PLC (TIP), Associated Bus Company (ABCTRANS), and University Press Ltd (UPL), among others, on the trading floor.

The Benchmark All-Share Index (ASI) decreased to 109,697.83 points from 109,694.99 points recorded on the previous trading day.

After five hours of trading in the capital market, equity capitalization jumped to N 68,945 trillion from N68.943 trillion recorded by the exchange on Friday, May 16, 2025.

The extent of the positive market because 45 shares advanced, 22 shares declined, and 53 shares remained unchanged in 24,883 agreements.

Tantalizers PLC (Tantalizer), Ikeja Hotel PLC (Ikejahotel) and Beta Glass PLC (Betaglas) lead other growth with growth of 10%, 10% and 9.98% each in prices closed at N2.53, N15.40 and N258.50 from N2.30, N14.00 and N23.

Also read: NGX: The equity market maintains the bullish trend when investors get n143bn

PLC (TIP) initiative, related bus companies (ABCTRANS), and University Press Ltdes (UPL) led other prices with a decrease in stock prices of 10%, 9.83% and 9.77% respectively from the lid on N6.12, N2.66 and N3.97 from the previous N6.80, N2.95 and N4.40 per share.

On the volume index, the Access Holdings PLC (Accesscorp) led trade with 45 million shares in 1,738 agreements, followed by Fidelity Bank PLC (Fidelitybk) which was traded 39 million shares in 885 agreements.

Guarantee Trust Holding (GTCO) traded 32 million shares in 946 agreements.

In the value index, the Holding Trust (GTCO) guarantee emerged as the top stock traded, collecting N2.2 billion in 946 agreements, followed by the Access Holdings PLC (Accesscorp) which trade equity worth N1 billion in 1,738 agreements.

Fidelity Bank PLC (Fidelitybk) traded shares worth N799 million in 885 agreements.

Join the conversation

Opinion

Supports Nigeria’s ripples, resistant Journalism Solutions

A balanced and fearful journalism that is driven by data comes with enormous financial costs.

As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.

If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.

Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.

Donation now