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The Nigerian equity market bubbles in the mood of the celebration at night Sallah’s holiday because investors get a large profit of N1.157 trillion -on Thursday, June 5, 2025, at the closing of trade.
This follows the surge in stock prices such as Champions Brewers (Champions), Nigerian Exchange Group (NGXgroup) and MTN Nigeria (MTNN), among others, on the trading floor.
The Benchmark All-Share Index (ASI) increased to 114,616.75 points from 112,781.73 points recorded on the previous trading day.
After five hours of trading in the capital market, the capitalization of equity jumped to N 72,275 trillion from N 71.118 trillion, which was recorded by the exchange on Wednesday, June 4, 2025.
The extent of the positive market because 40 shares advanced, 22 shares declined, and 68 shares remained unchanged in 16,410 offers.
Breweries Champions (Champion), Nigerian Exchange Group (NGXGroup) and MTN Nigeria (MTNN) leads other retaining with growth of 10%, 10%, and 9.99%each in the price closed on N7.70, N39.60 and N319.20 from the previous N7.00 N290.00 and N290.00.
Northern Nigeria Flour Mills (NNFM), Associated Bus Company PLC (ABCTRANS) and Legend Internet (Legendint) lead other prices with 9.97%, 9.77% and 9.49% decreased each in the stock price to be closed at N125.05, N2.40 and N5.34 from N138.9 N138.9, N2.40 and 9.49% decreased each N5.34 from N138.9 Previously, N1.60 N5.60 from N138.9 N12.9 N5.40 from N138.9 N1.40 from N138.
In the volume index, Fidelity Bank PLC (Fidelitybk) led trade with 829 million shares in 453 agreements, followed by Zenith Bank PLC (Zenithbank), which was traded 62 million shares in 729 agreements.
Japaul Gold Ventures PLC (Japagold) is traded 34 million shares in 188 agreements.
In the value index, Fidelity Bank PLC (Fidelitybk) appeared as the top of traded shares, gathering N15.9 billion in 453 agreements, followed by Zenith Bank PLC (Zenithbank), who traded equity worth N3.1 billion in 729 agreements.
Guarantee Trust Holding PLC (GTCO) shares traded worth N2.1 billion in 408 agreements.
By Babajide Okeowo
