Equities Recovers Marginally As Investors Gain N31bn After Trading Session

The Nigerian equities market recorded a marginal rebound as investors gained N31 billion on the trading floor of the Nigerian Xchange Group (NGX) on Tuesday, April 15, 2025.

This follows a surge in the share prices of stocks like ABBEYBDS, UNILEVER and LEARNAFRCA amongst others on the trading floor.

After five hours of trading at the capital market, the equity capitalization increased to ₦65.717 trillion from ₦65.685 trillion which the bourse recorded on Monday, April 14, 2025.

The benchmark All-Share Index (ASI) increased to 104,580.44 points from 104,529.62 points which were recorded the previous trading day.

The market breadth was negative as 24 stocks advanced and 28 stocks declined, while 72 stocks remained unchanged in 12,973 deals.

ABBEYBDS, UNILEVER and LEARNAFRCA led other gainers with 9.94%, 9.65%, and 8.33% growth each in prices to close at N7.41, N38.05 and N3.25 from the previous N6.74, N34.70 and N3.00 per share.

NNFM, CAVERTON, and WAPIC led other price decliners with 9.97%, 9.06% and 8.85% decline each in share prices to close at N79.00, N2.31 and N2.06 from the previous N87.75, N2.54 and N2.26 per share.

On the volume index, FIDELITYBK led trading with 47 million shares in 489 deals followed by ACCESSCORP which traded 28 million shares in 809 deals.

ZENITHBANK traded 23 million shares in 799 deals.

On the value index, MTNN topped as the top traded stock worth N2.7 billion in 398 deals followed by GTCO which traded equities worth N1.2 billion in 836 deals.

ZENITHBANK traded shares valued at N1.1 billion in 799 deals.