NGX: Stock Market Begins Week Strong as Investors Gain Over N700bn
- The new trading week at Nigerian stock market kicked off with a strong performance as investors made over N700 billion
- eTranzact International, LivingTrust Mortgage Bank and other major stocks closed trading on a positive note on Monday
- McNichols Plc, Honeywell Flour, UAC Nigeria, Champion Breweries, Omatek led the NGX losers table
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian equities market began the week on a bullish note on Monday, September 15, 2025, as investors gained N704 billion after five hours of trading on the floor of the Nigerian Exchange (NGX).
This followed a surge in the share prices of LivingTrust Mortgage Bank, E-Tranzact Nigeria, and Regal Insurance, among others.
Source: Getty Images
Snapshot of market performance
Data showed that the benchmark All-Share Index (ASI) rose to 141,659 points from 140,545.69 points recorded in the previous session.
At the close of trading, equity market capitalisation increased to N89.626 trillion from N88.922 trillion posted on Friday, September 12, 2025.
The market breadth was positive with 32 stocks advancing, 31 declining, and 84 remaining unchanged in 31,578 deals.
Top gainers
- LivingTrust Mortgage Bank grew 9.96% to close at N5.08 from N4.62.
- E-Tranzact Nigeria gained 9.70% to N16.40 from N14.95.
- Regal Insurance rose 9.64% to N1.82 from N1.66.
- Northern Nigeria Flour Mills (NNFM) advanced 8.62% to N93.90 from N86.45.
- Unilever Nigeria increased 8.41% to N72.80 from N67.15.
Top losers
- McNichols Plc declined 9.90% to N3.55 from N3.94.
- Honeywell Flour dropped 9.13% to N20.90 from N23.00.
- UAC Nigeria fell 8.01% to N67.15 from N73.00.
- Omatek lost 7.58% to N1.22 from N1.32.
- Champion Breweries slipped 6.00% to N15.98 from N17.00.
Source: Getty Images
Top active trades (by volume)
- UAC Nigeria led with 67.1 million shares worth N4.45 billion in 163 deals.
- Regal Insurance followed with 57.2 million shares valued at N98.1 million in 678 deals.
- Access Holdings traded 37.7 million shares worth N1.02 billion in 1,485 deals.
- Lasaco Assurance recorded 32.8 million shares valued at N98.4 million in 984 deals.
- Chams sold 32.6 million shares worth N115.6 million in 1,106 deals.
Top active trades (by value)
- Geregu Power led with N10.2 billion in 172 deals.
- UAC Nigeria followed with N4.4 billion in 163 deals.
- Zenith Bank traded equities worth N1.0 billion in 1,482 deals.
FX gap to just N10 As CBN targets $1bn monthly remittances
Earlier, Legit.ng reported that the disparity between the official and parallel markets drifted further, as the naira maintained its gains in all FX markets.
The naira exchange rate gap fell sharply as the local currency surged against the dollar.
The dollar rate declined on Tuesday, September 9, 2025, as the market expected the US Federal Reserve to reduce rates after a disappointing job report.
Source: Legit.ng
