The Nigerian equities market continued to slump as investors lost N832 billion in the just-ended trading week.
The bourse recorded gains in only one of the four trading sessions of the week, losing in three as the Federal Government declared Friday September 5, 2025, as a public holiday to mark Eid el Maulud celebration.
The market capitalisation fell to N87.937 trillion from the N88.769 trillion recorded the previous week.
Similarly, the All-Share Index (ASI) depreciated by 0.94% to close the week at 138,980.01 points from the 140,295.50 points recorded the previous week.
The Nigerian equities market began the week and the month on Monday, September 1, 2025, on a bearish note as investors lost N362.77bn at the end of the trading session.
The trend continued on Tuesday, September 2, 2025, as investors lost N622.95bn in five hours.
The negative trend continued on Wednesday, September 3, 2025, as investors lost N367.29bn at the end of the trading session.
The market closed on a positive note as well on Thursday, September 4, 2025, as investors gained N520.63bn.
The equities market went on a break on Friday, September 5, 2025, as the Federal Government declared a public holiday to mark Eid el Maulud celebration.
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Meanwhile, a total turnover of 3.117 billion shares worth N90.295 billion in 118,018 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.199 billion shares valued at N85.399 billion that exchanged hands last week in 142,477 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.542 billion shares valued at N30.357 billion traded in 52,390 deals; thus contributing 81.55% and 33.62% to the total equity turnover volume and value respectively.
The Services Industry followed with 114.610 million shares worth N816.381 million in 6,098 deals.
In third place was the Consumer Goods Industry, with a turnover of 105.452 million shares worth N5.492 billion in 13,346 deals. Trading in the top three equities, namely Sovereign Trust Insurance Plc, Access Holdings Plc and Fidelity Bank Plc (measured by volume), accounted for 1.685 billion shares worth N9.813 billion in 9,367 deals, contributing 54.05% and 10.87% to the total equity turnover volume and value respectively.
Nineteen (19) equities appreciated in price during the week, lower than thirty-two (32) equities in the previous week. Sixty-four (64) equities depreciated in price, higher than fifty-seven (57) equities in the previous week, while sixty-four (64) equities remained unchanged, higher than fifty-seven (57) recorded in the previous week.
Sovereign Trust Insurance Plc recorded the biggest share price increase in percentage, gaining 14.23% followed by Secure Electronic Technology Plc, which increased its share price by 12.94% in the process.
Cornerstone Insurance Plc also increased its share price by 12.36%
On the flip side, Daar Communications Plc recorded the biggest decline in share prices by percentage, shedding 21.10% followed by UPDC Plc, which shed 13.85% of its share prices.
Aiico Insurance Plc also knocked off 13.61% of its share price.
By: Babajide Okeowo
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