Newscenter Media News The Nigerian equities market returned to the recent bearish sentiment on Thursday, February 20, 2025, as investors lost ₦25 billion on the trading floor of the Nigerian Exchange Group (NGX).
This follows a dip in the share prices of stocks like UNIONDICON, DEAPCAP, and CWG amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization decreased to ₦67.659 trillion from ₦67.684 trillion which the bourse recorded on Wednesday, February 19, 2025.
The benchmark All-Share Index (ASI) increased to 108,568.50 points from 108,609.51 points which were recorded the previous trading day.
The market breadth was positive as 31 stocks advanced and 24 stocks declined, while 67 stocks remained unchanged in 13,269 deals.
ABBEYBDS, UPL, SOVRENINS led other gainers with 10%, 9.78% and 9.57% growth each in prices to close at N3.41, N5.05 and N1.26 from the previous N3.10, N4.60 and N1.15 per share.
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UNIONDICON, DEAPCAP, and CWG led other price decliners with 9.77%, 7.07%, and 5.75% decline each in share prices to close at N6.00, N0.92 and N8.20 from the previous N6.65, N0.99 and N8.70 per share.
On the volume index, ELLAHLAKES led trading with 136 million shares in 172 deals followed by ZENITHBANK which traded 22 million shares in 789 deals.
GTCO traded 20 million shares in 374 deals.
On the value index, GTCO topped as the security traded stock worth N1.3 billion in 374 deals followed by ZENITHBANK which traded equities worth N1.1 billion in 789 deals.
UBA traded shares valued at N617 million in 497 deals.
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