The equity market opens weeks with N21BN losses for investors

The Nigerian stock market began a new trading week with a bearish record, because investors lost N21 billion on the trading floor of the Nigeria Group Xchange (NGX) on Monday, April 14, 2025.

This follows a decrease in stock prices such as Intenegin, Conhallplc, and Japagold, among others, on the trading floor.

After five hours of trading in the capital market, the capitalization of equity declined to ₦ 65.685 trillion from ₦ 65.707 trillion recorded by the exchange on Friday, April 11, 2025.

The Benchmark All-Share Index (ASI) decreased to 104,529.62 points from 104,563.34 points recorded on the previous trading day.

The extent of the positive market because 27 shares advanced and 24 shares declined, while 72 shares remained unchanged in 14,583 agreements.

Also read: Investors Get the N320BN When the Nigerian stock market assessment rose by 1.14%

AbbeyBDS, UPDC and Guineeas lead other reinforcement with growth of 9.95%, 9.82%, and 9.52%respectively in prices closed on N6.74, N3.13 and N0.69 from N6.13, N2.85 and N0.63 per previous share.

Intenegin, Conhallplc, and Japagold led other prices with 9.76%, 8.33% and 7.46% decreased each in stock prices to be closed at N1.48, N2.75 and N1.86 from N1.64, N3.00 and N2.01 per previous share.

In the volume index, the Trade LED accesscorp with 55 million shares in 920 agreements was followed by Zenithbank who were traded 55 million shares in 1,090 offers.

Fidelitybk is traded 39 million shares in 632 agreements.

In the value index, Zenithbank occupies the top shares worth N2.7 billion in 1,090 agreements followed by GTCO traded by equity worth N2.1 billion in 1,015 offers.

Accesscorp stock traded worth N1.1 billion in 920 offers.

By: Babajide Okeowo

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