Categories: Business

Stock market investors lose N326bn

The Nigerian stock market closed on a negative note on Tuesday, September 23, 2025, as the market capitalisation dropped by N326 billion or 0.4 per cent.

The market capitalisation closed at N89.198 trillion compared to the opening value of N89.524 trillion.

The All-Share Index (ASI) also declined by 568.62 points or 0.4 per cent, ending the day at 140,929.60, down from 141,498.22 recorded on Monday.

The downturn was primarily driven by profit-taking in key stocks, including Dangote Sugar, Wema Bank, Secure Electronic Technology, Access Corporation, Aradel Holdings, and 30 others.

The market breadth closed negative with 35 losers against 16 gainers.

Dangote Sugar led the decliners’ table, dropping by 10 per cent, to close at N54, Wema Bank followed, falling by 8.27 per cent, settling at N18.85, while Secure Electronic Technology lost by 6.25 per cent, closing at 75k per share.

Access Corporation dipped by 4.98 per cent, finishing at N24.80, and Aradel Holdings decreased by 4.76 per cent, ending the session at N560 per share.

Court remands man over ₦9m petroleum scam in Maiduguri
 
Conversely, Thomas Wyatt Nigeria led the advancers’ table, increasing by 9.80 per cent and closing at N2.80, while Chellaram grew by 9.59 per cent, settling at N16 per share.

RT Briscoe gained by 9.50 per cent, closing at N3.29, and Custodian Investment rose by 9.40 per cent, ending the session at N48.30 per share.

NGX Group soared by 6.99 per cent, closing at N58.95 per share.

A study of the market activity revealed increase in the market volume and value with decline in the deals, as 759.1 million shares worth N25.7 billion were exchanged across 23,657 transactions.

This is compared to 488.5 million shares valued at N13.7 billion that were traded in 28,621 deals.

Consolidated Hallmark Holdings topped the activity chart in volume with 169.6 million shares worth N644.7 million.

Zenith Bank followed with 104.4 million shares valued at N6.9 billion, while FirstHoldCo transacted 100.9 million shares worth N3.2 billion.

Fidelity Bank sold 52.5 million shares valued at N1.1 billion, and GTCO traded 45 million shares worth N4.1 billion.

The Star

Segun Ojo

Recent Posts

Troops secure release of 10 kidnap victims in Kaduna

Troops under Operation FANSAN YAMMA have facilitated the safe release of 10 kidnapped victims in…

2 hours ago

Labour to renegotiate new minimum wage in July

Organised labour says the process for renegotiating the national minimum wage will commence in July…

3 hours ago

US court convicts Nigerians, others over $215m fraud

A United States court in the Northern District of Ohio has convicted multiple individuals, including…

3 hours ago

Kano orders probe into N1.5bn workers’ deductions

Governor Abba Kabir Yusuf has directed an investigation into allegations that N1.5 billion was deducted…

3 hours ago

LASU spends over N200m monthly on electricity — Commissioner

The Lagos State University spends more than N200 million every month on electricity, covering network…

4 hours ago

Uba Sani reaffirms commitment to workers’ welfare

Kaduna State Governor, Uba Sani, has reaffirmed his administration’s commitment to workers’ welfare, describing them…

4 hours ago

This website uses cookies.