Investors Lose N297bn as Nigerian Stock Market Opens Week in the Red
Written by Editor on May 13, 2025
The Nigerian Exchange (NGX) opened the trading week on a negative note as investors lost N297bn in market value at the close of trading yesterday.
The All-Share Index fell by 265.42 points, representing a decline of 0.24 per cent, to close at 108,467.98 points. The market capitalisation also dipped by 0.43 per cent to settle at N68.1tn.
Despite the loss, market activity remained robust with a total of 414.57 million shares exchanged in 16,664 deals, corresponding to a market turnover of N10.71bn.
Compared to the previous trading session on Friday, May 9, the volume of transactions declined by 10 per cent, turnover dropped by 4 per cent, while the number of deals rose by 6 per cent.
A total of 127 listed equities participated in trading, with 39 gainers and 28 losers recorded at the close of the session.
