Stock Market Opens Week On High Note, Gains N611bn

The Nigerian banal marketplace yesterday opened the week connected a affirmative trajectory, extending its bullish momentum arsenic renewed capitalist involvement spurred gains crossed large sectors.

The All Share Index (ASI) gained by 963.17 points, representing a maturation of 0.65 per cent to adjacent astatine 149,940.81 points. Also, marketplace capitalisation gained N611 cardinal to adjacent astatine N 95.172 trillion.

The bullish outing stemmed from terms upticks successful BUA Cement, Aradel Holdings, MTN Nigeria Communications (MTNN), Eunisell Interlinked and UACN.

On marketplace outlook, United Capital Plc said, “expectations of Q3, 2025 results should thrust the equity marketplace this week. Low output successful the fixed income securities should besides assistance the equity market.”

Despite the upbeat tone, capitalist sentiment was mixed, arsenic marketplace breadth closed antagonistic with 30 gainers against 31 decliners. Union Dicon Salt recorded the highest terms summation of 10 per cent to adjacent astatine N8.80, per share. Eunisell Interlinked followed with a summation of 9.92 per cent to adjacent astatine N53.20, portion Sovereign Trust Insurance roseate by 6.44 per cent to adjacent astatine N3.80, per share.

BUA Cement appreciated by 6.25 per cent to adjacent astatine N170.00, portion Nigerian Enamelware roseate by 6.01 per cent to adjacent astatine N45.00, per share.

On the different hand, Juli led the losers’ illustration by 9.94 per cent to adjacent astatine N8.06, per share. Thomas Wyatt Nigeria followed with a diminution of 9.63 per cent to adjacent astatine N2.72, portion DAAR Communications declined by 7.14 per cent to adjacent astatine N1.04, per share.

Universal Insurance depreciated by 5.00 per cent to adjacent astatine N1.14, portion Royal Exchange declined by 4.17 per cent to adjacent astatine N2.30, per share.

Meanwhile, the full measurement traded fell by 14.97 per cent to 415.347 cardinal units, valued astatine N27.162 billion, and exchanged successful 31,522 deals. Transactions successful the shares of Fidelity Bank topped the enactment illustration with 49.461 cardinal shares valued astatine N982.647 million.

Access Holding followed with 42.408 cardinal shares worthy N1.084 billion, portion Chams Holding Company traded 20.225 cardinal shares valued astatine N81.090 million.

Nigerian Breweries traded 17.906 cardinal shares valued astatine N1.391 billion, portion Japaul Gold & Ventures sold 16.187 cardinal shares worthy N41.718 million.