The equity market starts Sunday with N363BN losses for investors

The Nigerian equity market began this week and the new month in the red zone on Monday, September 1, 2025, because investors lost N363 billion after five hours of trading.

This follows a decrease in stock prices such as Ellah Lakes PLC, Eterna PLC and Veritas Kapital Assurance PLC, among others, on the trading floor.

The All-Share Index (ASI) benchmark declined to 139,722.19 points from 140,295.49 points recorded on the previous trading day.

After five hours of trading in the capital market, equity capitalization declined to N88,406 trillion from N88,769 trillion, recorded by the Exchange on Friday, August 29, 2025.

The extent of the negative market with 15 advanced shares, 33 shares declined, and the remaining 99 shares did not change in 33,859 offers.

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Sovereign Insurance PLC, SCOA Nigeria and Cornerstone Insurance PLC leads other strengthening with 10%, 9.83% and 7.98% growth in prices closed on N2.86, N6.59, and N6.90 from N2.60, N6.00 and N6.39 per previous share.

Ellah Lakes PLC, Eterna PLC and Veritas Capital Assurance PLC lead other prices with a decrease in 10% in stock prices to be closed at N12.69, N34.20 and N1.89 from N14.10, N38.00 and N2.10 per previous share.

In the volume index, the First City Monument Bank led the trade with 55 million shares in 683 agreements, followed by the Access Holding PLC which was traded 31 million shares in 1,691 offers.

Fidelity Bank PLC traded 26 million shares in 745 agreements.

In the value index, Aradel Holdings emerged as the top stock traded, collecting N5.3 billion in 411 agreements, followed by Zenith Bank, who traded equity worth N1.1 billion in 1, 982 agreement.

Lafarge Wapco is traded by shares worth N974 billion in 755 agreements.

By: Babajide Okeowo