Business

Investors lose N72.51bn at stock market

Trading on the Nigerian stock market closed negatively with investors losing N72.51 billion on Monday, February 17, 2025.

The stock market capitalisation, which opened at N67.418 trillion, fell by 0.10 per cent to close at N67.345 trillion.

The Nigerian Exchange Limited (NGX) All-Share Index (ASI) also dropped by 0.10 per cent, settling at 107,937.74 points.

The total value of shares traded was N12.806 billion across 17,095 deals on Monday.

Investors gain N426.38bn at stock market

By the close of trading, 20 companies recorded gains, while 42 equities declined in value.

Nigerian Breweries led the gainers, rising by 10 per cent, gaining N3.30 to close at N36.30. Cadbury followed, increasing by 9.97 per cent to N32.00.

Ikeja Hotel topped the losers, shedding 10 per cent, dropping N1.40 to close at N12.60. Learn Africa also fell by 10 per cent, losing 43k to settle at N3.87.

The Star

Segun Ojo

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