Categories: Business

Investors gain N733bn as stock market capitalisation hits N98.7trn

The Nigerian stock market closed the week upbeat, gaining N733 billion or 0.75 per cent, and boosting investor portfolios on Friday, October 24, 2025.

The positive trend was driven by sustained investor interest in heavyweight stocks such as Aso Savings, Ikeja Hotel, Regency Alliance Insurance, Caverton Offshore, Aradel Holdings, and others.

The Nigerian Exchange Limited (NGX) market capitalisation rose from N98.059 trillion at opening to N98.792 trillion at Friday’s close.

The All-Share Index (ASI) advanced by 0.75 per cent or 1,155.15 points, closing at 155,645.05 compared to 154,489.90 recorded on Thursday.

Market breadth closed positive with 34 gainers and 25 losers recorded during the session.

Aso Savings led the gainers’ chart by 10 per cent, ending at 66k. Ikeja Hotel rose 7.89 per cent to N20.50, while Regency Alliance Insurance increased 7.44 per cent to N1.30.

Caverton Offshore advanced 7.08 per cent to N6.50, and Aradel Holdings appreciated 6.76 per cent to N790 per share.

Conversely, Union Dicon Salt led the losers’ table by 9.09 per cent, closing at N8. Neimeth Pharmaceutical fell 6.67 per cent to N5.60, while Cornerstone Insurance dropped 5.61 per cent to N6.23.

BOA, IOM launch $200m fund to support displaced Nigerians

Halldane McCall declined 4.84 per cent to N4.13, and International Energy Insurance shed 4.48 per cent to N2.77 per share.

Market activity showed growth in turnover and volume, though the number of deals fell slightly.

A total of 1.21 billion shares worth N31.5 billion were traded across 29,989 deals, compared to 926.9 million shares worth N26.9 billion across 30,703 deals.

Fidelity Bank led the activity chart with 820.9 million shares valued at N16.14 billion.

Sovereign Trust Insurance followed with 45.5 million shares worth N176.96 million, while Tantalizer traded 32.7 million shares valued at N72.05 million.

Access Corporation transacted 23.8 million shares worth N593.4 million, and Guaranty Trust Holding Company traded 19.2 million shares valued at N1.78 billion.

The Star

Segun Ojo

Recent Posts

Tinubu hails ICC tribunal verdict rejecting $680m Sunrise Power claim against Nigeria

An International Chamber of Commerce (ICC) arbitration tribunal in Paris has ruled in favour of…

5 hours ago

I’ll retire from politics after 2031 — Otti

Abia State Governor Alex Otti has said he will retire from active politics after completing…

5 hours ago

2027: Obi-Kwankwaso movement unveils 59-member campaign council

The Obi-Kwankwaso Movement has unveiled a 59-member Presidential Campaign Council as it steps up preparations…

5 hours ago

Ogun 2027: Yayi promises issue-based campaign

The 2027 governorship candidate of the All Progressives Congress in Ogun State, Senator Solomon Adeola,…

6 hours ago

Mutfwang’s Orange Economy Push: Turning Plateau’s culture into jobs and prosperity

By CHRIS ISHAKU For decades, Plateau State has worn the celebrated label, “Home of Peace…

6 hours ago

FG to phase out electricity subsidy from 2027

The Federal Government is planning to phase out electricity subsidies from 2027 as part of…

7 hours ago

This website uses cookies.