Categories: BusinessNews

Stock market investors gain N1.18trn

The Nigerian stock market rebounded on Wednesday, June 18, 2025, as investors gained N1.184 trillion.

The market capitalisation rose by N1.184 trillion, or 1.63 per cent, to close at N73.681 trillion, up from N72.497 trillion recorded on Tuesday.

The All-Share Index (ASI) also rose by 1,876.71 points, or 1.63 per cent, settling at 116,786.87 from its previous close of 114.910.16.

This uptrend was fueled by strong buying interest in medium and large-capitalised stocks, including NEM Insurance, Beta Glass, Seplat, Linkage Assurance, and 34 other stocks.

The market breadth closed positively with 38 gainers and 32 losers.

NEM Insurance led the advancers’ chart increasing by 10 per cent, settling at N16.50, while Beta Glass rose by 9.99 per cent, finishing at N250.95 per share.

Seplat Energy gained by 9.79 per cent, closing at N5,450, and Thomas Wyatt Nigeria grew by 9.73 per cent, ending the session at N2.03 per share.

FAAC: FG, States, LGs share N1.659trn May revenue

Linkage Assurance soared by 9.56 per cent, closing at N1.49 per share.

On the flip side, FG132026S1 dropped by 17.70 per cent, ending the session at N80, while Eterna fell by 10 per cent, closing at N38.70 per share.

Secure Electronic Technology lost by 9.68 per cent, settling at 56k, and Legend Internet declined by 9.66 per cent, finishing at N6.55 per share.

FTN Cocoa Processors shed by 6.07 per cent, closing at N2.63 per share.

Total turnover stood at 640.08 million shares valued at N26.01 billion, traded across 19,727 deals.

This is compared to 787.31 million shares valued at N25.67 billion and traded across 23,170 transactions.

Transactions in the shares of Zenith Bank topped the activity chart with 149.92 million worth N7.21 billion.

Access Corporation followed with 48.64 million shares valued at N1.01 billion, while United Bank for Africa traded 42.99 million shares worth N1.46 billion.

Nigerian Breweries transacted 37.72 million shares valued at N2.19, while Fidelity Bank sold 30.84 million shares worth N568.54 million.

The Star

Segun Ojo

Recent Posts

FG targets 2,000 CNG stations as State House joins conversion drive

The Federal Government has set a target of establishing 2,000 additional Compressed Natural Gas (CNG)…

6 hours ago

Elumelu urges Africa to unlock potential via power, trade

The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony Elumelu, has…

6 hours ago

Trump appoints new chief of staff

United States President Donald Trump has appointed Stephen Miller, the architect of his hardline immigration…

6 hours ago

Tinubu approves Ibom Deep Seaport

President Bola Tinubu has approved the long-awaited Ibom Deep Seaport project in Akwa Ibom State,…

7 hours ago

10 key things to know about Justice Lifu’s judgment affecting ADC, Atiku, By Abdulrahman Abdulaziz

The political landscape has been thrown into fresh turbulence after the Federal High Court delivered…

8 hours ago

Zenith Bank gives N190m to 13 African innovators at tech fair

Zenith Bank Plc has rewarded 13 innovators with a total of N190 million at the…

8 hours ago

This website uses cookies.