Cowry Asset Mgt Channel
Cowry Asset Mgt Channel
February 19, 2025 at 08:26 PM
*Nigerian Stock Exchange Trading Summary – February 19, 2025* The local stock market experienced a midweek reversal in upward momentum as the All -Share Index climbed 0.97% to close at 108,609.51 points, bringing the year-to-date return to 5.52%. Market capitalization also rose by 0.75% to N67.68 trillion, driven by the cancellation of 166,948,153 ordinary shares (Treasury Shares) of Dangote Cement Plc. As a result, the company’s total issued and paid-up shares decreased from 17,040,507,405 to 16,873,559,252. This development contributed N504.7 billion in gains to the equities market by the session’s close. *Market Performance Overview* • Gainers: 25 • Losers: 28 *Top Gainers:* • BUAFOODS: +9.91% • RTBRISCOE: +6.91% • ETERNA: +6.25% • SUNUASSUR: +6.13% • VERITASKAP: +6.03% *Top Losers:* • UPL: -9.80% • INTENEGINS: -9.80% • UNIONDICON: -9.52% • MCNICHOLS: -8.57% • DAARCOMM: -7.25% *Leading Stocks by Volume:* • ACCESSCORP: 65.10 million • FIDELITYBK: 50.69 million        • ZENITHBANK: 22.09 million    • STERLINGNG: 13.17 million       • WAPIC: 13.08 million
❤️ 2

Comments