Bullish Trend Continues At Equities Market As Investors Gain ₦842bn

The Nigerian equities market extended the bullish trend on Thursday, February 13, 2025, as investors gained ₦842 billion on the trading floor of the Nigerian Exchange Group (NGX).

This follows a surge in the share prices of stocks like DANGCEM, SUNUASSUR, REGALINS amongst others on the trading floor.

After five hours of trading at the capital market, the equity capitalization surged to ₦68.116 trillion from ₦67.274 trillion  which the bourse recorded on Wednesday, February 12, 2025.

The benchmark All-Share Index (ASI) increased to 109,171.82 points from 107,822.53 points which were recorded the previous trading day.

The market breadth was positive as 34 stocks advanced and 25 stocks declined, while 61 stocks remained unchanged in 16,342 deals.

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DANGCEM, SUNUASSUR, REGALINS led other gainers with 10% growth each in prices to close at N474.40, N6.27 and N0.77 from the previous N431.00, N5.70 and N0.70 per share.

GOLDBREW, LINKASSURE, and ETERNA led other price decliners with 9.91%, 6.76%, and 6.57% decline each in share prices to close at N7.09, N1.38 and N45.50 from the previous N7.87, N1.48 and N48.70 per share.

On the volume index, UNIVINSURE led trading with 23 million shares in 101 deals followed by WEMABANK which traded 22 million shares in 380 deals.

STERLINGNG traded 21 million shares in 204 deals.

On the value index, ZENITHBANK topped as the security traded stock worth N839 million in 451 deals followed by ARADEL which traded equities worth N726 million in 436 deals.

OANDO traded shares valued at N604 million in 734 deals.