Equity Investors Gain N3bn as NGX Records Soft Rally
The Nigerian Exchange (NGX) key indicators climbed slightly, gained about N3 billion due to soft rally as investors digest sustained disinflation conditions across the equity, and fixed income markets.
The Nigerian equity market opened the new trading week flat, as key market performance indicators recorded a marginal gain.
Specifically, the market index, or All-Share Index, added 4.62 basis points in today’s trading session, representing a 0.003% increase to close at 149,437.88.
The market capitalisation of all listed stocks in the local bourse also gained ₦2.94 billion, representing a growth of 0.003%, settling at ₦95.27 trillion.
Though the market index closed nearly flat, it leaned toward the positive as investors traded cautiously in selective stocks across major indexes even as headline inflation eased further to 14.45% in November 2025.
Reflecting the trading direction, market activities weakened today as the total volume of all trades executed in the domestic bourse and their total value declined by -3.24% and -54.31%, respectively.
Stockbrokers reported that approximately 553.16 million units valued at ₦13,269.49 million were transacted across 28,907 deals.
FCMB drive volume on NGX, accounting for 16.79% of units transacted on Monday followed by ACCESSCORP (12.39%), CONHALLPLC (9.27%), FIDELITYBK (6.53%), and JAIZBANK with 5.42%.
VITAFOAM topped value chart, accounting for 13.40% of the total value of all trades executed – making it the highest traded on the exchange.
SOVRENINS led the top performers, up by +10.00%, trailed by GUINNESS (+9.96%), MECURE (+9.88%), FIRSTHOLDCO (+9.86%), AIICO (+9.86%), ALEX (+9.68%), and twenty-two others.
A total of twenty-two stocks depreciated, brokers said. With a price depreciation of -10.00%, PRESTIGE topped the worst performers’ chart, followed by FTNCOCOA (-8.16%), GUINEAINS (-7.69%), ROYALEX (-7.25%), NB (-6.86%), and TIP (-5.88%).
Hence, the market breadth closed on a positive note, as there were 28 gainers and 22 losers. Sectoral activity was divergent: Banking led gains with a 0.89% increase, followed by Insurance climbing 0.87%. Consumer Goods and Oil & Gas declined 0.79% and 0.05%, respectively, while the Industrial and Commodities sectors stayed unchanged. Cordros Marks GTCO Top Pick, Cites Superior Earnings Quality
