Equities market opens week on bullish note, investors reap N400bn profit

The Nigerian equities market, on Monday, began the trading week the same way it ended last week – on a bullish trajectory – as investors reaped N400 billion.

It arose from a surge in the share prices of stocks like Academy Press Plc (ACADEMY), Champions Breweries (CHAMPION) and Tripple G (TRIPPLEG) among others, on the trading floor.

The benchmark All-Share Index (ASI) increased to 135,166.51 points from the 134,452.93 points which were recorded the previous trading day.

After five hours of trading at the capital market, the equity capitalisation increased to N85.455 trillion from the N85.055 trillion which the bourse recorded on Friday, July 25, 2025.

The market breadth was positive, with 45 stocks advancing, 25 stocks declining, and 77 stocks remaining unchanged in 37,626 deals.

Academy Press Plc (ACADEMY), Champions Breweries (CHAMPION) and Tripple G (TRIPPLEG) led other gainers with 9.99%, 9.98% and 9.97% growth each in prices to close at N10.24, N13.55, and N3.86 from the previous N9.31, N12.32 and N3.51 per share.

Livestock Feeds Plc (LIVESTOCK), The Initiates Plc (TIP) and Ellah Lakes Plc (ELLAHLAKES) led other price decliners with 10%, 9.98% and 9.08% decline each in share prices to close at N8.10, N14.52 and N8.91 from the previous N9.00, N16.13 and N9.80 per share.

On the volume index, Fidelity Bank Plc (FIDELITYBK), led trading with 123 million shares in 1,061 deals, followed by First City Monument Bank (FCMB), which traded 68 million shares in 858 deals.

Japaul Gold Venture (JAPAULGOLD), traded 44 million shares in 358 deals.

On the value index, Fidelity Bank Plc (FIDELITYBK), emerged as the top traded stock, gathering N2.5 billion in 1, 061 deals, followed by Zenith Bank Plc (ZENITHBANK), which traded equities worth N2.2 billion in 1,504 deals.

MTN Nigeria (MTNN), traded shares valued at N1.6 billion in 1, 217 deals.

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