The Nigerian equities market began the new week with a modest decline on Monday, January 13, 2025 as investors lost N51 billion on the trading floor of the Nigerian Exchange Group (NGX).
This follows a dip in the share prices of stocks like LASACO, NNFM, and ACADEMY amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization decreased to ₦64.303 trillion from ₦64.251 trillion which was recorded by the bourse on Friday, last week.
The benchmark All-Share Index (ASI) 105,367.25 points from 105,451.06 points which was recorded the previous trading day.
The market breadth was negative as 25 stocks advanced and 33 stocks declined, while 67 stocks remained unchanged in 14, 259 deals.
READ ALSO: NGX: Stock market rebounds from trading losses as investors make N345bn
CAP, NEIMETH, and LIVESTOCK led other gainers with 10%, 9.96% and 9.90% growth each in prices to close at N41.80, N2.87 and N5.55 from the previous N38.00, N2.61 and N5.05 per share.
LASACO, NNFM, and ACADEMY led other price decliners with 10%, 9.99% and 9.85% decline each in share prices to close at N3.24, N41.00, and N2.93 from the previous N3.60, N45.55 and N3.25 per share.
On the volume index, TANTALIZER led trading with 48 million shares in 127 deals followed by UNIVINSURE which traded 1 million shares in 173 deals.
AIICO traded 30 million shares in 286 deals.
On the value index, GTCO topped as the securities traded stock worth N1.4 billion in 260 deals followed by ARADWL which traded equities worth N1.1 billion in 360 deals.
BETAGLAS traded shares valued at N474 million in 57 deals.
By: Babajide Okeowo
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