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

2 Kogi varsity students arrested for killing colleague

Two students have been arrested in connection with the death of a 300-level Biochemistry student…

2 minutes ago

General Rabe buried in Katsina

Major General Abubakar Rabe (rtd), who was abducted alongside his wife by bandits along the…

9 hours ago

ISWAP set schools ablaze in Borno

Suspected Boko Haram/ISWAP terrorists have reportedly torched a primary and secondary school in Kautikari village,…

9 hours ago

Choose your children over weapons, Radda tells bandits

Katsina State Governor Dikko Umar Radda has renewed his appeal to bandits operating in the…

10 hours ago

Tinubu to terrorists: You’ve done your worst, my govt won’t surrender after General’s death

President Bola Tinubu has expressed sadness over the death of retired Major-General Rabe Abubakar while…

10 hours ago

Chimamanda alleges cover-up in son’s death at Euracare

Nigerian author Chimamanda Ngozi Adichie has accused Euracare Hospital of obstructing efforts to uncover the…

10 hours ago

This website uses cookies.