JamzNG Latest News, Gist, Entertainment in Nigeria
The Nigerian equity market continues to decline because investors lose N832 billion at the close of trade last week.
Bourse recorded profits in just one in four trading sessions for a week.
The federal government declared Friday as a public holiday to mark the celebration of Eid El Maulud.
Market capitalization fell to N87.9 trillion from N88.7 trillion recorded in the previous week.
Likewise, the All-Share (ASI) index fell 0.94% to close the week with 138,980.01 points from 140,295.50 points recorded the previous week.
In the midst of bearish sentiment, stocks such as Sovereign Trust Insurance, Secure Electronic Technology and Cornerstone Insurance PLC are still being carried out on credit to secure their place among 10 large performance shares last week and position themselves as stocks to watch on new weeks.
Please note that the Nigerian ripple stock that must be watched is not a recommendation to buy, sell, or wait. It is recommended to consult with your financial advisors before making any investment decision.
Sovrenin • 2.97 ▴ 0.12 (4.21%)
The current stock price of Sovereign Trust Insurance (Sovrenins) is N2.97. Sovrenins closed his final trading day (Thursday, September 4, 2025) at N2.97 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 4.2% of the previous closing price N2.85. Sovereign Trust started the year with N1.12 stock prices and since then it rose 165% in the price assessment, its 23rd rating in NGX in terms of year-to-year performance. Shareholders can be optimistic about Sovrenin knowing that shares have produced 20% over the last four weeks of the best in NGX.
Sovereign Trust Insurance is the eighth stock most traded on the Nigerian Stock Exchange over the last three months (4 June – 4 Sep 2025). Sovrenin has traded a total volume of 2.24 billion shares – in 9,183 agreements – assessed on N6.24 billion during that period, with an average of 35.5 million shares traded per session. The highest volume of 1.42 billion was achieved on September 4, and the lowest 1.57 million on July 18, for the same period.
Cornert • 7.18 ▴ 0.63 (9.62%)
The current stock price of the Cornerstone Insurance Company (Cornert) is N7.18. Cornert closed his final trading day (Thursday, September 4, 2025) at N7.18 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.6% of the previous closing price N6.55. Cornerstone started the year with N3.60 stock prices and since then rose 99.4% of the price assessment, its 44th rank in NGX in terms of performance-annual performance. Shareholders can be optimistic about Cornert knowing that shares have produced 23% during the last four weeks-the best to return in NGX.
Cornerstone Insurance Company is the most traded stock of -50th stock on the Nigerian Stock Exchange over the last three months (June 4 – Sep 2025). Cornert has traded a total volume of 263 million shares – in 6,782 offers – assessed on N1.51 billion during that period, with an average of 4.18 million shares traded per session. The highest volume of 27.4 million was achieved on August 7, and the lowest 188,202 on August 29, for the same period.
NSLTech • 0.96 ▪ 0.00
The current stock price of Secure Electronic Technology (NSLTech) is N0.96. NSLTech closed its final trading day (Thursday, September 4, 2025) at N0.96 per share on the Nigeria Stock Exchange (NGX). Safe electronic technology began this year with N0.63 stock prices and since then up 52.4% in the price assessment, its 78th rank in NGX in terms of year-to-year performance.
Secure Electronic Technology is the 34th stock most traded on the Nigeria Stock Exchange for the last three months (4 June – 4 Sep 2025). NSLTech has traded a total volume of 576 million shares – in 7,608 agreements – assessed in N536 million during that period, with an average of 9.14 million shares traded per session. The highest volume of 33.2 million was achieved on August 29, and the lowest 116,750 on June 5, for the same period.
By: Babajide Okeowo
