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The Nigerian equities market returned to profit-making on Monday, August 11, 2025, as investors recorded a modest N43 billion profit on the trading floor.
This follows a surge in the share prices of stocks like Sunu Assurance Plc (SUNUASSUR), The Initiates Place (TIP) and Aiico Insurance Plc (AIICO) among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 145,880.77 points from the 145,754.91 points which were recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation increased to N92.294 trillion from the N92.251 trillion which the bourse recorded on Friday, August 8, 2025.
The market breadth was positive, with 41 stocks advancing, 36 stocks declining, and 61 stocks remaining unchanged in 40,435 deals.
Sunu Assurance Plc (SUNUASSUR), The Initiates Place (TIP) and Aiico Insurance Plc (AIICO) led other gainers with 10% growth each in prices to close at N5.50, N13.20, and N3.85 from the previous N5.00, N12.00 and N3.50 per share.
Associated Bus Company (ABCTRANS), Abbey Mortgage Bank Plc (ABBEYBDS), and UAC Nigeria (UACN) led other price decliners 10%, 10%, and 9.99% decline each in share prices to close at N4.50, N5.67 and N75.25 from the previous N5.00, N6.30 and N83.60 per share.
On the volume index, Linkage Insurance Plc (LINKASSURE) led trading with 703 million shares in 451 deals, followed by Universal Insurance Plc (UNIVINSURE), which traded 230 million shares in 424 deals.
Read also: Naira sheds N2.36 against dollar at official window
Aiico Insurance Plc (AIICO), traded 154 million shares in 1,291 deals.
On the value index, Stanbic IBTC Plc (STANBIC), emerged as the top traded stock, gathering N1.7 billion in 189 deals, followed by Linkage Insurance Plc (LINKASSURE) which traded equities worth N1.5 billion in 451 deals.
Zenith Bank Plc (ZENITHBANK), traded shares valued at N1.1 billion in 1, 286 deals.
By Babajide Okeowo
The post NGX: Equities market records modest N43bn gain to return to profit-making appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
