Stock market records N486bn gain

The Nigerian stock market ended the week on a positive note on Friday, June 13, 2025, recording a gain of N486 billion.

The market capitalisation rose by N486 billion or 0.67 per cent, closing at N72.788 trillion, up from N72.302 trillion on Wednesday.

The All-Share Index (ASI) also gained 770.43 points or 0.67 per cent, closing at 115,429.54, up from its previous 114,659.11.

Gains were driven by interest in medium and large-cap stocks such as May & Baker, Infinity Trust, Stanbic IBTC, MRS, and others.

The marrket breadth also closed positively with 50 gainers compared to 22 losers.

May & Baker led the gainers, rising by 10 per cent to close at N15.40 per share, while Infinity Trust Mortgage Bank followed, gaining 10 per cent to end at N7.70 per share.

Livingtrust Mortgage Bank increased by 10 per cent to close at N5.72 per share, and Stanbic IBTC climbed 9.98 per cent, ending the session at N79.35 per share.

MRS gained 9.94 per cent to settle at N155.90 per share, while Northern Nigeria Flour Mills led the laggards, dropping 10 per cent to close at N112.55 per share.

Naira drops against dollar at official market

Conoil fell by 9.99 per cent, ending at N241.50 per share, while Nigerian Enamelware declined by 9.98 per cent to close at N18.50 per share.

University Press dropped 9.84 per cent, settling at N5.50 per share, and John Holt fell by 9.49 per cent to end at N6.20 per share.

A total of 933.26 million shares worth N17.95 billion were traded across 20,500 deals.

This contrasts with 471.15 million shares valued at N14.19 billion traded in 20,538 deals on Wednesday.

Tantalizer led trading with 420.45 million shares valued at N946.06 million, while GTCO followed with 35.44 million shares worth N2.52 billion.

Zenith Bank traded 34.72 million shares worth N1.75 billion, and Computer Warehouse Group recorded 29.81 million shares worth N278.19 million.

First Holdco also transacted 27.28 million shares valued at N779.16 million.

The Star