Investors Gain N26bn As Equities Market Sustains Gaining Momentum - AMEBO NEWSPAPERS NG.

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Tuesday, 25 March 2025

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Investors Gain N26bn As Equities Market Sustains Gaining Momentum




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The equities market sustained its gaining momentum on Tuesday, March 24, 2025, as investors recorded a profit of N26 billion on the trading floor of the Nigerian Exchange Group (NGX).

This follows a surge in the share prices of stocks like MAYBAKER, MBENEFIT, and ETRANZACT amongst others on the trading floor.

After five hours of trading at the capital market, the equity capitalization increased to ₦66.214 trillion from ₦66.189 trillion which the bourse recorded on Monday, March 24, 2025.

The benchmark All-Share Index (ASI) increased to 105,593.28 points from 105,551.39 points which were recorded the previous trading day.


The market breadth was positive as 29 stocks advanced and 20 stocks declined, while 70 stocks remained unchanged in 12,450 deals.

MAYBAKER, MBENEFIT, ETRANZACT led other gainers with 10%, 9.59% and 9.38% growth each in prices to close at N8.80, N0.80 and N5.25 from the previous N8.00, N0.73 and N4.80 per share.

ETERNA, ROYALEX, and VERITASKAP led other price decliners with 9.21%, 7.95% and 5.98% decline each in share prices to close at N34.50, N0.81 and N1.10 from the previous N38.00, N0.88 and N1.17 per share.


On the volume index, ACCESSCORP led trading with 36 million shares in 873 deals followed by UBA which traded 26 million shares in 883 deals.

UNIVINSURE traded 22 million shares in 65 deals.

On the value index, GEREGU topped as the security traded stock worth N8.2 billion in 121 deals followed by UBA which traded equities worth N1 billion in 883 deals.

ZENITHBANK traded shares valued at N970 million in 639 deals.

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