The Nigerian stock market closed the week on a negative note on Friday, August 8, 2025, with investors losing N516 billion.
The market capitalisation dropped by N516 billion, or 0.56 per cent, closing at N92.214 trillion, down from N92.730 trillion recorded on Thursday.
The All-Share Index shed by 815.80 points or 0.56 per cent, closing at 145,754.91 from the previous close of 146,570.71.
The downward trend was driven by profit-taking in stocks including Abbey Mortgage Bank, Custodian Investment Plc, Deap Capital Management, The Initiates, and 25 others.
However, the market breadth closed positive with 42 gainers and 29 losers.
Champion Breweries led the gainers’ chart, soaring by 10 per cent, ending the session at N14.4, while Union Dicon Salt also grew by 10 per cent, settling at N9.90 per share.
Universal Insurance rose by 10 per cent, finishing at N1.10, and Guiness Nigeria gained by 9.99 per cent, closing at N155.75 per share.
Afreximbank: $300m trade, investment deals sealed at AfriCaribbean forum
AXA Mansard climbed by 9.99 per cent, settling at N14.64 per share.
On the losers’ chart, Abbey Mortgage Bank declined by 9.87 per cent, closing at N6.30, while Custodian Investment Plc fell by 8.48 per cent, finishing at N40.45 per share.
Deap Capital Management shed by 7.53 per cent, ending the session at N1.35, and The Initiates Plc dipped by 7.34 per cent, finishing at N12 per share.
The Nigerian Police Force Microfinance Bank lost by 7.25 per cent, closing at N3.20 per share.
A total of 2.21 billion shares worth N32.4 billion were traded across 35,036 transactions.
This is in contast with 1.98 billion shares valued at N27.3 billion earlier exchanged across 35,291 deals.
Transactions in the shares of Linkage Assurance led the activity chart with 585.6 million shares worth N1.17 billion.
Universal Insurance followed with 213.19 million shares valued at N234.5 million, while AIICO Insurance sold 178.5 million shares worth N618.1 million.
Mutual Benefits Assurance transacted 137.84 million shares valued at N402.46 million, and Sterling Nigeria traded 115.27 million shares worth N927.4 million.
The Joint Admissions and Matriculation Board (JAMB) has cautioned prospective candidates for the Unified Tertiary…
inDrive, a global mobility and delivery services platform, has revealed that clothing and footwear emerged…
Apostle Joshua Aghasedo has stirred discussion after expressing his view that married couples may use…
The Academic Staff Union of Universities (ASUU) at Olusegun Agagu University of Science and Technology…
The National Population Commission (NPC) has disclosed that only about 40 per cent of births…
An 18-year-old man, Abdullahi Aminu, has died after falling into a pond at Kofar Gabas…
This website uses cookies.