The Nigerian equities market recorded its first loss in 2025 as investors shed N152 billion at the close of trading on Tuesday.
This followed the dip in the share prices of stocks like VERITASKAP, FTN COCOA, and RT BRISCOE amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization fell to ₦63.051 billion from ₦63.2 trillion recorded by the bourse the previous day.
The benchmark All-Share Index (ASI) decreased to 103,398.82 from 103,648.24 which was recorded on Monday.
The market breadth was negative as 19 stocks advanced and 49 stocks declined, while 55 stocks remained unchanged in 16,617 deals.
PZ, ABBEY BDS, and LEARN AFRICA led other gainers with 10%, 10% and 9.90% growth each in prices to close at N27.50, N3.63 and N5.44 from the previous N25.00, N3.30 and N4.95 per share.
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VERITASKAP, FTN COCOA, and RT BRISCOE led other price decliners with 10% decline each in share prices to close at N1.53, N1.80, and N2.70 from the previous N1.70, N2.00 and N3.00 per share
On the volume index, FBNH led trading with 161 million shares 195 deals followed by AIICO which traded 120 million shares in 806 deals.
TANTALIZER traded 104 million shares in 293 deals.
On the value index, FBNH traded stocks worth N4.7 billion in 395 deals followed by ACCESS CORP which traded equities worth N1.2 billion in 759 deals.
GTCO traded shares valued at N1.1 billion in 362 deals.
By: Babajide Okeowo
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