The stock market earns n186 billion – Theconclaveng

The Nigerian stock market has extended its positive trend, appreciating from n186 billion in the midst of an increase in purchase interest on Wednesday 14 May 2025.

Market capitalization has increased by n186 billion or 0.27 percent to close at N68,543 trillions, compared to N68,357 trillion on Tuesday.

The All-Share index (ASI) also increased by 296.72 points or 0.27 percent, to settle at 109,059.33.

The upward trend has been led by a strong interest in the purchase in medium and large actions, including McNichols Consolidated Plc, Mills of North Nigeria flour, Birrifici Champions, Offshore Caverton support group and 30 other actions.

The size of the market also closed positively with 34 earnings and 24 losers.

On the Gainers chart, McNichols consolidated the PLC increased by 10 % to close at N1.76, while the northern Nigeria flour mills have also increased by 10 %, closing at N99.55 per share.

Champion Breweries rose by 9.91 percent, establishing themselves at N6.10, and the offshore Caverton support group earned 9.78 percent, finishing N4.04 per share.

Likewise, the FTN cocoa transformers grew by 9.65 percent, closing at N2.50 per share

On the loser’s graph, the Multiverse minerally decreased by 9.63 percent, establishing itself at N9.85, while the Legend Internet PLC fell by 5.41 percent to close at N8.40 per share.

Veritas Kiotal Assurance Scated of 4.76 percent, ending up in N1 and Transcorp decreased by 4.65 percent, finishing the session at N44.10 per share.

Ikeja Hotel also lost 3.75 percent, closing at N12.85 per share.

A total of 531.29 million shares for a value of N19.81 billion were exchanged in 14,870 transactions.

This is compared with 498.48 million shares for a value of N10.781 billion which were exchanged in 14,916 transactions before.

Transactions in the actions of Guaranty Trust Holding have exceeded the graphic designer with 53.27 million shares for a value of N3.68 billion.

Access Corporation followed with 51.90 million shares of the value of n1.11 billion, while Fidelity Bank made 40.55 million shares for a value of N834.83 million.

Nigerian breweries exchanged 35.76 million shares of the value of N1.94 billion and Zenith Bank sold 27.35 million shares for a value of 1.32 billion.