Investors gain N426.38bn at stock market

Trading on the Nigerian stock market closed on a positive note, recording N426.28 billion gain on Tuesday, February 11, 2025.

The stock market capitalisation which opened at N66.069 trillion, rose by 0.65 per cent to close at N66.495 trillion.

The Nigerian Exchange Limited (NGX) ASI also increased by 0.65 per cent or 683.65 points to close at 106,574.98 from 105,891.33 points recorded at the previous session.

A total value of shares worth N11.762 billion in 15,561 deals was recorded on Tuesday.

At the end of trading, 40 companies drove gains while 25 losers were recorded for equities.

Stock market records 0.04% loss

The top two gainers were Ellah Lakes appreciated by 10 per cent gaining 33k to close at N3.63, while Honey Flour appreciated by 9.93 per cent gaining N1.04.

Other gainers were United Bank for Africa (UBA) which appreciated by 1.84 per cent gaining 70k to close at N38.80, while FBN Holdings appreciated by 0.93 per cent gaining N50.30 to close at N32.50.

The top two losers were International Energy Insurance which depreciated by 9.78 per cent losing 22k to close at N2.03, while Eunisell Chemicals dipped by 9.74 per cent, dropping by N1.30 to close at N12.05.

The Star