UBA Overtakes Access Holdings as Most Actively Traded Stock

UBA Plc emerged as the Nigerian Exchange’s (NGX) most actively traded stock on Thursday, displacing Access Holdings Plc after investors exchanged 113.26 million shares worth N5.23 billion.

The development marks a notable change in market leadership.

Over recent trading sessions, Access Holdings consistently dominated the Exchange by trading volume, driven by sustained institutional demand. Thursday’s session, however, saw investors rotate liquidity toward UBA, making it the day’s busiest stock.

Most Actively Traded Stocks

Despite surrendering the top spot, Access Holdings remained one of the market’s most actively traded equities, while GTCO Plc continued to attract significant institutional interest with transactions valued at N4.55 billion.

The strong trading activity in UBA coincided with a positive session for the broader market.

The NGX All-Share Index (ASI) advanced to 246,388.22 points, while equity market capitalisation increased to N159.153 trillion, adding approximately N238 billion in investor wealth.

Overall, investors traded 434.02 million shares valued at N29.30 billion in 42,303 deals, indicating that banking stocks remained the primary destination for market liquidity even as leadership rotated among the sector’s largest lenders.

UBA’s emergence as the most actively traded equity reflects continued institutional participation in Nigeria’s banking sector rather than a shift away from financial stocks.

Instead, Thursday’s trading pattern suggests investors are redistributing capital among leading lenders while maintaining substantial exposure to banking equities, which continue to provide the liquidity backbone of the Nigerian Exchange.