Categories: Business

Stock market records N384bn gain

The Nigerian stock market sustained its positive momentum on Friday, October 3, 2025, gaining N384 billion as investors increased interest in medium and large-capitalised stocks.

The market capitalisation, which opened at N90.751 trillion, rose by 0.42 per cent or N384 billion to close at N91.135 trillion.

The All-Share Index gained 604.58 points or 0.42 per cent, to settle at 143,584.04, compared with 142,979.46 posted on Thursday.

The market breadth also closed positive with 39 gainers against 25 losers.

UAC of Nigeria led the gainers’ table by 10 per cent, settling at N73.70, Nigeria Enamelware trailed by 9.97 per cent, to close at N42.45, while Ellah Lakes grew by 9.96 per cent, closing at N13.47 per share.

PZ Cussons rose by 9.88 per cent, finishing at N41.70, and Neimeth International Pharmaceutical gained by 9.76 per cent, to close at N6.75 per share.

Meta, NDPC seek out-of-court deal on $32.8m data privacy

On the flip side, Julius Berger led the losers’ table by 9.96 per cent, ending the session at N122.90.

Thomas Wyatt Nigeria followed by 9.50 per cent, to close at N3.24, and John Holt declined by 9.43 per cent, finishing at N7.20 per share.

Daar Communications dipped by 6.36 per cent, settling at N1.03, while UPDC fell by 5.81 per cent, closing at N6.49 per share.

Analysis of the market activity revealed an overall decline in the market deals, volume, and value, as 544.7 million shares worth N19.63 billion were traded across 27,065 transactions.

This is compared to 6.23 billion shares valued at N54.5 billion that were exchanged across 32,682 transactions earlier on Thursday.

Transactions in the shares of United Bank for Africa topped the activity chart with 80.10 million shares worth N3.44 billion.

Access Corporation followed with 71.7 million shares valued at N1.87 billion, while Guaranty Trust Holding Company transacted 35.14 million shares worth N3.35 billion.

Zenith Bank sold 29.87 million shares valued at N2.07 billion, and Ellah Lakes traded 25.94 million shares worth N337.65 million.

The Star

Segun Ojo

Recent Posts

Gold rises above $5,100 for first time

Gold prices extended record-setting rally to surge past $5,100 on Monday, January 26, 2026, as…

6 hours ago

Kano 2027: Ganduje assures Yusuf of victory as gov rejoins APC

Former National Chairman of the All Progressives Congress (APC), Dr Abdullahi Ganduje, has assured Kano…

6 hours ago

NCS records ₦7.28trn revenue in 2025

The Nigeria Customs Service (NCS) generated ₦7.28 trillion in revenue in 2025, exceeding its ₦6.58…

7 hours ago

Kwankwaso’s son resigns as Kano commissioner

Mustapha Kwankwaso, son of Kwankwasiyya leader Rabiu Musa Kwankwaso, has resigned his position as Kano…

7 hours ago

Alleged coup plot: Military to court-martial 16 officers – DHQ

The Armed Forces of Nigeria (AFN) has concluded investigations into 16 officers arrested over acts…

8 hours ago

Governor Yusuf officially joins APC

Kano State Governor Abba Yusuf on Monday defected to the All Progressives Congress (APC), leading a…

8 hours ago

This website uses cookies.