The Nigerian equities market bounced back from the first loss in 2025 with a gain of N507 billion for investors at the close of trading on Wednesday.
This followed a surge in the share prices of stocks like TRANSCORP, MTN NIGERIA, and HONEY FLOUR, amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization surged to ₦63.5 trillion from ₦63.05 trillion posted by the bourse the previous day.
The benchmark All-Share Index (ASI) increased to 104,230.73 from 103,398.82 recorded on Tuesday.
The market breadth was negative as 26 stocks advanced and 28 stocks declined, while 68 stocks remained unchanged in 13,551 deals.
TRANSCORP, MTN NIGERIA, and HONEY FLOUR led other gainers with 10%, 10% and 9.95% growth each in prices to close at N49.50, N220.00 and N8.29 from the previous N45.00, N200.00 and N7.54 per share.
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SUNU ASSURANCE, UNIVERSAL INSURANCE, and NSL TECH led other price decliners with 9.99%, 8.9% and 8.11% decline each in share prices to close at N9.01, N0.71, and N0.68 from the previous N10.01, N0.78 and N0.74 per share
On the volume index, TANTALIZER led trading with 82 million shares in 192 deals followed by UNIVERSAL INSURANCE which traded 56 million shares in 309 deals.
AIICO traded 54 million shares in 352 deals.
On the value index, GEREGU traded stocks worth N11.3 billion in 148 deals followed by TOTAL which traded equities worth N1.7 billion in 246 deals.
ARADEL traded shares valued at N749 million in 241 deals.
By: Babajide Okeowo
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