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The Nigerian equities market recorded the 23rd consecutive day of bullish trading on Monday, August 4, 2025, raking in a profit of N1.7 trillion for investors.
This follows a surge in the share prices of stocks like Royal Exchange Assurance Plc (ROYALEX), UPDC Plc (UPDC) and Lasaco Assurance Plc (LASACO) among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 144,071.78 points from the 141,263.05 points which were recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation increased to N91.149 trillion from the N89.372 trillion which the bourse recorded on Friday, August 1, 2025.
The market breadth was positive, with 47 stocks advancing, 23 stocks declining, and 76 stocks remaining unchanged in 35,963 deals.
Royal Exchange Assurance Plc (ROYALEX), UPDC Plc (UPDC) and Lasaco Assurance Plc (LASACO) led other gainers with 10% growth each in prices to close at N1.65, N5.94, and N2.86 from the previous N1.50, N5.40 and N2.60 per share.
READ ALSO: NGX: Investors gain N948bn in August first trading
Transcorp Power (TRANSCORP), Academy Press Plc (ACADEMY), and John Holt Plc (JOHNHOLT) led other price decliners with 10%, 10% and 9.59% decline each in share prices to close at N320.00, N11.00 and N6.60 from the previous N288.00, N9.90 and N7.30 per share.
On the volume index, First City Monument Bank (FCMB), led trading with 84 million shares in 1,312 deals, followed by Universal Insurance Plc (UNIVINSURE), which traded 82 million shares in 184 deals.
Fidelity Bank Plc (FIDELITYBK), traded 48 million shares in 945 deals.
On the value index, Guaranty Trust Holding (GTCO), emerged as the top traded stock, gathering N2.7 billion in 1,304 deals, followed by Zenith Bank Plc (ZENITHBANK), which traded equities worth N1.8 billion in 1,470 deals.
Dangote Cement Plc (DANGCEM), traded shares valued at N1.5 billion in 936 deals.
The post NGX: Investors gain N1.7tr as equities market continues bullish run appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
