Reprieve For Equities Market As Investors Enjoy Modest N81bn Profit - AMEBO NEWSPAPERS NG.

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Thursday, 13 March 2025

Reprieve For Equities Market As Investors Enjoy Modest N81bn Profit





The Nigerian equities market enjoyed a reprieve on Thursday, March 13, 2025, as investors gained a modest ₦81 billion on the trading floor of the Nigerian Exchange Group (NGX).


This follows a surge in the share prices of stocks like UPDC, INTBREW, ROYALEX amongst others on the trading floor.


After five hours of trading at the capital market, the equity capitalization surged to ₦66.518 trillion from ₦66.436 trillion which the bourse recorded on Wednesday, March 12, 2025.

The benchmark All-Share Index (ASI) increased to 106,220.62 points from 106,090.38 points which were recorded the previous trading day.

The market breadth was positive as 35 stocks advanced and 20 stocks declined, while 64 stocks remained unchanged in 11, 233.


UPDC, INTBREW, ROYALEX led other gainers with 9.92%, 9.62% and 9.59% growth each in prices to close at N2.77, N5.70 and N0.80 from the previous N2.52, N5.20 and N0.73 per share.


UPL, ACADEMY, and REDSTAREX led other price decliners with 10%, 9.66% and 9.32% decline each in share prices to close at N4.32, N2.62 and N5.35 from the previous N4.80, N2.90 and N5.90 per share.


On the volume index, TANTALIZER led trading with 29 million shares in 509 deals followed by ACCESSCORP which traded 29 million shares in 687 deals.


ZENITHBANK traded 28 million shares in 571 deals.


On the value index, GEREGU topped as the security traded stock worth N7.7 billion in 121 deals followed by ARADEL which traded equities worth N1.6 billion in 251 deals.


GTCO traded shares valued at N1.6 billion in 387 deals.

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