The equities market got off to a great start this week on Monday, March 24, 2025 as investors recorded a profit of N369 billion on the trading floor of the Nigerian Exchange Group (NGX).
This follows a surge in the share prices of stocks like ROYALEX, LIVESTOCK, ABBEYBDS amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization increased to ₦66.189 trillion from ₦65.820 trillion which the bourse recorded on Friday, March 21, 2025.
The benchmark All-Share Index (ASI) increased to 105,551.39 points from 104,962.96 points which were recorded the previous trading day.
The market breadth was positive as 24 stocks advanced and 22 stocks declined, while 76 stocks remained unchanged in 13,314 deals.
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ROYALEX, LIVESTOCK, ABBEYBDS led other gainers with 10%, 9.87% and 9.72% growth each in prices to close at N0.88, N9.24 and N3.95 from the previous N0.80, N8.41 and N0.80 per share.
NEM, UCAP, and CWG led other price decliners with 9.63%, 9.29% and 6.67% decline each in share prices to close at N12.20, N16.60 and N8.40 from the previous N13.50, N18.30 and N9.00 per share.
On the volume index, ZENITHBANK led trading with 55 million shares in 1,011 deals followed by FCMB which traded 49 million shares in 296 deals.
UBA traded 47 million shares in 1,164 deals.
On the value index, ZENITHBANK topped as the security traded stock worth N2.6 billion in 1,011 deals followed by UBA which traded equities worth N1.8 billion in 1,164 deals.
ACCESSCORP traded shares valued at N834 million in 875 deals.
By: Babajide Okeowo
