The Nigerian Exchange (NGX) closed positive on Wednesday as renewed buying interest across mid- and large-cap stocks lifted the benchmark index.
Market Performance Snapshot
-
All-Share Index (ASI): 140,365.36 points (+0.41%)
-
Deals: 24,837
-
Volume: 767,726,429 units
-
Value: ₦40.64 billion
-
Equity Market Capitalisation: ₦88.81 trillion
-
Bond Market Capitalisation: ₦50.53 trillion
-
ETF Market Capitalisation: ₦29.78 billion
The modest gain in the ASI reflects sustained investor confidence in equities despite mixed movements across sectors.
Top 5 Gainers
| Symbol |
Last Close (₦) |
Current (₦) |
Change (₦) |
% Change |
| CHELLARAM |
11.00 |
12.10 |
+1.10 |
+10.00% |
| FTNCOCOA |
5.40 |
5.94 |
+0.54 |
+10.00% |
| LOTUSHAL15 |
53.01 |
58.31 |
+5.30 |
+10.00% |
| BERGER |
35.50 |
39.00 |
+3.50 |
+9.86% |
| SUNUASSUR |
5.50 |
5.99 |
+0.49 |
+8.91% |
Investor sentiment was upbeat in CHELLARAM and FTNCOCOA, both hitting the 10% upper limit, while BERGER and SUNUASSUR saw strong demand.
Top 5 Losers
| Symbol |
Last Close (₦) |
Current (₦) |
Change (₦) |
% Change |
| MAYBAKER |
18.05 |
16.25 |
-1.80 |
-9.97% |
| UNIONDICON |
10.80 |
9.75 |
-1.05 |
-9.72% |
| CILEASING |
6.50 |
6.00 |
-0.50 |
-7.69% |
| THOMASWY |
2.70 |
2.51 |
-0.19 |
-7.04% |
| DEAPCAP |
1.84 |
1.72 |
-0.12 |
-6.52% |
MAYBAKER led the losers’ chart after shedding almost 10% followed closely by UNIONDICON and CILEASING, reflecting profit-taking activity in the counters.
Top 5 Trades
| Symbol |
Volume |
Value (₦) |
| FCMB |
287,767,914 |
3,107,827,984.35 |
| NB |
50,458,347 |
3,531,760,005.25 |
| ARADEL |
43,432,242 |
23,008,775,621.10 |
| ACCESSCORP |
40,277,572 |
1,059,311,132.25 |
| ZENITHBANK |
29,059,036 |
1,917,021,239.90 |
Trading activity was dominated by FCMB, which accounted for the highest volume, while ARADEL recorded the highest value, reflecting strong interest from institutional investors.
Bonds Market
| Symbol |
Last Close (₦) |
Current (₦) |
Change (₦) |
Volume |
| FGS202783 |
48.79 |
110.00 |
+61.20 |
— |
| FGS202882 |
89.99 |
100.00 |
+10.00 |
— |
| FG202033S6 |
111.96 |
112.50 |
+0.54 |
— |
| FG6B2029S5 |
100.00 |
100.00 |
0.00 |
— |
| FGEUR2033S11 |
100.00 |
100.00 |
0.00 |
— |
FG savings bonds continued to show resilience with FGS202783 jumping by 125.4% to ₦110, reflecting renewed interest in retail bonds.
Exchange-Traded Funds (ETFs)
| Symbol |
Last Close (₦) |
Current (₦) |
Change (₦) |
Volume |
| NEWGOLD |
51,100.22 |
54,000.00 |
+2,899.78 |
— |
| VETINDETF |
45.00 |
45.00 |
0.00 |
— |
| VETGOODS |
35.00 |
35.00 |
0.00 |
— |
| MERVALUE |
200.00 |
200.00 |
0.00 |
— |
| GREENWETF |
256.05 |
256.05 |
0.00 |
— |
NEWGOLD ETF advanced 5.7%, mirroring global gold price movements as investors sought safe-haven assets.
Outlook
The positive close in the All-Share Index indicates sustained investor appetite for value stocks, particularly in the industrial and financial services sectors.
Analysts expect continued mixed trading as investors balance profit-taking with bargain-hunting ahead of upcoming corporate announcements.
