Newscenter Media News The Nigerian equities market recorded another loss on Thursday, February 27, 2025, as investors lost ₦76 billion on the trading floor of the Nigerian Exchange Group (NGX).
This follows a dip in the share prices of stocks like FIDSON, ETI, and GUINEAINS amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization decreased to ₦₦67.102 trillion from ₦67.179 trillion which the bourse recorded on Wednesday, February 26, 2025.
The benchmark All-Share Index (ASI) decreased to 107,675.46 points from 107,798.99 points which were recorded the previous trading day.
The market breadth was positive as 27 stocks advanced and 23 stocks declined, while 70 stocks remained unchanged in 11,112 deals.
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OANDO, PZ, HONYFLOUR led other gainers with 10%, 10% and 9.96% growth each in prices to close at N52.80, N32.45 and N13.03 from the previous N48.00, N29.50 and N11.85 per share.
FIDSON, ETI, and GUINEAINS led other price decliners with 9.60%, 9.51%, and 8.33% decline each in share prices to close at N17.90, N31.40 and N0.66 from the previous N19.80, N34.70 and N0.72 per share.
On the volume index, FCMB led trading with 102 million shares in 197 deals followed by ZENITHBANK which traded 33 million shares in 641 deals.
ACCESSCORP traded 31 million shares in 538 deals.
On the value index, ZENITHBANK topped as the security traded stock worth N1.5 billion in 641 deals followed by FCMB which traded equities worth N1 billion in 197 deals.
WAPCO traded shares valued at N831 million in 357 deals.
By: Babajide Okeowo
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