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

Oil prices extend decline as Saudi supply fears ease

Oil prices fell for a third consecutive session on Friday, September 18, 2026, as concerns…

5 minutes ago

Burna Boy to headline halftime show at NFL Paris game

Nigerian singer Damini Ogulu, popularly known as Burna Boy, will headline the halftime show at…

54 minutes ago

Oyo attack: How Ansaru terrorists dehumanised, tortured us in captivity — Kidnapped victim

A witness for the Department of State Services (DSS) on Thursday told the Federal High…

1 hour ago

Stock market investors gain N1.18trn amid buying interest

The Nigerian stock market extended its positive run on Thursday, September 17, 2026, with investors’…

1 hour ago

FG rules out immediate electricity tariff hike, prioritises metering

The Federal Government has ruled out any immediate increase in electricity tariffs, saying its priority…

1 hour ago

Nigeria’s $400bn net-zero ambition faces financing hurdle

Nigeria’s ambition to achieve net-zero emissions by 2060 is confronting a challenge that could determine…

2 hours ago

This website uses cookies.