Nigerian Stock Market hits N95trn as equities portfolios surge

The Nigerian Exchange (NGX) market capitalisation hit a record high of N95 trillion as equities portfolios expanded by approximately N613 billion on Monday, according to trading data from the local bourse. The Nigerian market commenced the week on a positive note, as key performance indicators appreciated by 65 basis points, and year to date return expanded to 45% mark. The bargain hunting was fuelled by sustained buying interest in large and moderately priced stocks, such as EUNISELL, BUACEMENT, FIRSTHOLDCO, UBA, and others across major market sectors. Investors’ sentiment remained upbeat, according to stockbrokers while the market patiently await the release of companies third quarter of 2025 earnings results. The market index or All-Share Index increased by 965.63 basis points in today’s trading session, reflecting a 0.65% growth to close at a fresh all-time high of 149,943.27.
Nigerian Exchange market cap gained ₦612.90 billion, representing a growth of 0.65%, settling at ₦95.17 trillion.  However, market activities were mixed today as the total volume of all trades dropped by -14.94%, while the total value of all transactions conducted increased by +60.09%. In its update, Atlass Portfolio Limited told investors that approximately 408.97 million units valued at ₦26,685.53 million were transacted across 31,287 deals. In terms of volume, FIDELITYBK led the activity chart, accounting for 11.99% of the total volume of all trades executed in the market, followed by ACCESSCORP (10.28%), CHAMS (4.90%), NB (4.34%), and JAPAULGOLD (3.92%), rounding out the top five. GEREGU emerged as the most traded stock in terms of value, accounting for 34.50% of the total value of trade on the exchange.
UNIONDICON topped the advancers’ chart for today with a price appreciation of 10.00 percent, trailed by EUNISELL (+9.92%), SOVRENINS (+6.44%), BUACEMENT (+6.25%), ENAMELWA (+6.01%), UACN (+5.19%) and twenty-four others. Thirty-three stocks depreciated in the local bourse due to investors’ sell-offs. JULI was the top loser, with a price depreciation of -9.94%, trailed by DAARCOMM (-7.14%), CONOIL (-4.07%), VERITASKAP (-3.23%), CADBURY (-2.90%), and WEMBANK (-1.84%). Despite the heated up demand for value stocks, the market breadth closed negatively, recording 30 gainers and 33 losers. On the other hand, sectoral performance was positive. The industrial sector appreciated by 2.34%, followed by the Oil & Gas sector with an increase of +0.65%; the banking sector rose by +0.48%, and the consumer goods sector gained +0.08%. The insurance sector dropped by (-0.70%).