Suggestions




Over N444.98bn Wiped Off Nigerian Stock Market  

April 16, 2025
by

On Wednesday, April 16, the market capitalisation of the Nigerian stock market lost N444.98 billion to settle at N65.25 trillion from N65.70 trillion recorded on Tuesday, April 15.

This dragged the all-share index (ASI) down by 0.67 percent or 708.14 basis points, as it declined from 104,560.02 ASI to 103,851.88 index.

Join our WhatsApp Channel

On the trading floor, 351,65 million shares, valued at N13,71 billion, were exchanged in 12,141 deals, against the 368.76 million shares investors exchanged in 13,228 deals worth N10.87 billion.

Top five gainers

Abbey Mortgage Bank’s share price increased by N0.74 kobo to rise from N7.41 kobo to N8.15 kobo per share.

Sovereign Insurance’s share value grew by 7.69 percent, up from N0.91 kobo to N0.98 kobo per share.

NGX Group ended trading with N33.80 kobo, from N31.50 kobo per share – indicating an increase of N2.30 kobo.

Fidelity Bank gained N1.15 kobo to end trading at N18.20 kobo, having opened with N17.05.

Deap Capital’s share value was up by 6.67 percent, closing at N0.96 kobo from N0.90 kobo per share.

READ ALSO: 

Top five losers

IMG’s share price depreciated by N3.80 kobo, dwindling from N38 to N34.20 kobo per share.

Guinea Insurance recorded a 9.52 percent decline in its share price to end trading at N0.57 kobo after opening with N0.63 kobo per share.

UPDC REIT lost N0.50 kobo in its share price after trading hours, to sell at N5.60 kobo from N6.10 kobo per share.

DAAR Communications reported a decline of 7.94 percent from the previous day’s share price of N0.63 kobo to end trading at N0.58 kobo per share.

C&I Leasing recorded a N0.30 kobo decline in its share price to end trading at N3.50 kobo after opening with N3.80 kobo per share.

Top five trading equities in the stock exchange

Access Corporation reported that 68.20 million shares valued at N1.48 billion were traded on its floor.

GTCO recorded 36.78 million shares valued at N2.17 billion.

FCMB saw investors trade 28.77 million of its shares valued at N261.89 million.

UBA recorded 26.39 million shares exchanged on its floor, worth N830.67 million.

Chams reported 24.62 million shares valued at N53.34 million exchanged in investors’ hands.

For press releases, tip-off, and corporate information, call 08149575257 (hotline)

Email: publisher@primebusiness.africa and editor@primebusiness.africa

Website |  + posts

Prime Business Africa

Related Posts

Previous Story

Dangote Refinery Further Reduces Petrol Price

Next Story

The Vice President’s Visit To Uyo

Featured Stories

Related Posts

Latest from Markets

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus 

By Lukman Otunuga In a welcome development for Nigeria’s economy, inflation unexpectedly slowed in January, with prices rising 15.1% year-on-year. This represented a slight decline from 15.2% in December and was well below the 19.5% medium estimate. Lower food prices have helped
African Countries With The Largest Proven Oil Reserves In 2025

Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after Iran offered a cautiously positive response in nuclear talks with US officials in Geneva, easing tensions that had surged following President Donald Trump’s recent threats. Iranian Foreign Minister Abbas Araghchi said “a

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at two major markets in Idemili North council area after traders failed to open for business on Monday, despite a directive to resume trading. The affected markets are the Building Materials Market in
Previous Story

Dangote Refinery Further Reduces Petrol Price

Next Story

The Vice President’s Visit To Uyo

Don't Miss

Meet Cassie Ventura Diddy’s Ex Girlfriend

Meet Cassie Ventura Diddy’s Ex Girlfriend

Diddy, has had his fair share of high-profile relationships, and
Nigeria's Gas Gamble: Can The Brass LNG Revival Deliver On Promises?

Nigeria’s Gas Gamble: Can The Brass LNG Revival Deliver On Promises?

A Bold Move Amid Gas Challenges The Nigerian government’s recent