Week Kicks Off In Green As Equities Gain N155bn

The Nigerian equities marketplace yesterday started the week positively arsenic gains successful BUA Cement Plc and 23 others pushed the marketplace higher by N155 billion.

The All Share Index (ASI) gained by 244.53 points, representing a maturation of 0.17 per cent to adjacent astatine 142,377.56 points. Also, marketplace capitalisation roseate by N155 cardinal to adjacent astatine N90.115 trillion.

Gains recorded successful medium—and large-capitalised stocks impacted the upturn, including BUA Cement, MTN Nigeria Communications (MTNN), Eterna, Eunisell Interlinked, and Fidson Healthcare.

This week, United Capital Plc said, “We expect the marketplace to rebound fixed the complaint chopped decision. Macroeconomic stableness volition boost investors’ confidence. Expectations of Q3, 2025 net merchandise should assistance the market. There are beardown bargain opportunities successful the banking, industrial, Agricultural, and security sectors.”

Despite the scale gain, marketplace sentiment was bearish, with 36 declining stocks outnumbering 24 gainers. Thomas Wyatt Nigeria recorded the highest terms summation of 10 per cent to adjacent astatine N3.63 per share. Living Trust Mortgage Bank followed with a summation of 9.90 per cent to adjacent astatine N5.66, portion Eterna roseate by 9.86 per cent to adjacent astatine N30.65 per share.

Caverton Offshore Support Group accrued by 9.28 per cent to adjacent astatine N6.83, portion Fidelity Bank went up by 8.13 per cent to adjacent astatine N19.95 per share.

On the different hand, AXA Mansard Insurance led the losers’ illustration by 10 per cent to adjacent astatine N14.40, per share. University Press followed with a diminution of 9.85 per cent to adjacent astatine N5.40, portion Learn Africa declined by 9.72 per cent to adjacent astatine N6.50, per share.

Julius Berger depreciated by 8.70 per cent to adjacent astatine N136.50, portion Cornerstone Insurance declined by 7.42 per cent to adjacent astatine N5.86 per share.

Meanwhile, the full measurement traded declined by 25.97 per cent to 383.945 cardinal units, valued astatine N11.618 billion, and exchanged successful 28,114 deals. Transactions successful the shares of First Holdco topped the enactment illustration with 47.494 cardinal shares valued astatine N1.472 billion.

Ellah Lakes followed with 24.462 cardinal shares worthy N290.869 million, portion Veritas Kapital Assurance traded 21.872million shares valued astatine N44.660 million.

Zenith Bank traded 18.746 cardinal shares valued astatine N1.307 billion, portion Chams Holding Company sold 16.164 cardinal shares worthy N56.563 million.