NGX Set To Lose N60bn As MRS Oil Nigeria Plc Plans To Delist Shares

Unilever, Learn Africa, Others Gains Add N19bn To Stock Market Valuation

April 15, 2025
1 min read

After trading hours on Tuesday, 15 April, the Nigerian stock market capitalisation increased from N65.68 trillion reported on Monday, 14 April, to N65.70 trillion, indicating a gain of N19.10 billion.

This followed a slight appreciation of 0.02 per cent in the all-share index (ASI), which rose from 104,529.62 ASI to 104,560.02.

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Data from the Nigerian Exchange Limited (NGX) showed that 368.76 million shares were exchanged by investors in 13,228 deals worth N10.87 billion, compared to Monday’s 428.16 million shares exchanged in 14,583 deals, valued at N10.51 billion.

Top five gainers

Abbey Mortgage Bank’s share price increased by N0.67 kobo to rise from N6.74 kobo to N7.41 kobo per share.0

Unilever’s share value grew by N3.35 kobo, up from N34.70 obo to N38.05 per share.

Learn Africa ended trading with N3.25 kobo, from N3 per share – indicating an increase of N0.20 kobo.

Secure Electronic Technology gained 7.41 percent to end trading at N0.58, having opened with N0.54 kobo.

Consolidated Hallmark Insurance’s share value was up by N0.20 kobo, closing with N2.95 kobo from N2.75 kobo per share.

Top five losers

NNFM’s share price depreciated by N8.75 kobo, dwindling from N87.75 kobo to N79 kobo per share.

TIP recorded a N0.45 kobo decline in its share price to end trading at N4.25 kobo after opening with N4.70 per share.

Caverton lost N0.23 kobo in its share price after trading hours, to sell at N2.31 kobo from N2.54 kobo per share.

Wapic reported a decline of N0.20 kobo from the previous day’s share price of N2.26 kobo to end trading at N2.06 per share.

Guinea Insurance recorded an 8.70 percent decline in its share price to end trading at N0.63 kobo after opening with N0.69 kobo per share.

Top five trading equities in the stock exchange

Fidelity Bank reported that 47.43 million shares valued at N866.85 million were traded on its floor.

Access Corporation recorded 28.04 million shares valued at N592.21 million.

Zenith Bank saw investors trade 23.12 million of its shares valued at N1.14 billion.

UBA recorded 21.97 million shares exchanged on its floor, worth N690.49 million.

FCMB reported 20.80 million shares valued at N185.11 million exchanged in investors’ hands.

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