Nigerian Exchange Indicators Mixed as Notore Chemical Delists
The Nigerian equity market concluded the first trading week of the second half of 2025 on a cautiously upbeat note, even as its headline gauges moved in opposite directions.
The Nigerian Exchange All Share Index inched higher by 0.01%, adding 12.46 points to finish at 120,989.66 at the close of trading session on Friday.
However, market capitalization fell by ₦244.02 billion to close at ₦76.34 trillion, reflecting the full delisting of NOTORE Chemical Industries Plc’s entire issued share capital on Friday.
The marginal rise in the index underscores investors’ guarded sentiment, as some participants locked in profits from recently appreciated stocks while selectively accumulating fundamentally strong medium- and large-cap ones.
On a week-on-week basis, the market still booked a 0.83% gain, adding roughly ₦377 billion to investors’ wealth.
Trading activities went south as the total volume and total value of all trades consummated in the market dropped by 1.02% and 62.46%, respectively.
Atlass Portfolio Limited told investors in a note that approximately 923.87 million units valued at ₦11,003.15 million were transacted across 25,680 deals.
In terms of volume, JAPAULGOLD led the activity chart, accounting for 16.00% of the total volume of trades, followed by WAPIC (4.84%), ACCESSCORP (4.75%), CONHALLPLC (4.66%), and CHAM (4.57%), rounding out the top five.
Ticker: GTCO emerged as the most traded stock in value terms, accounting for14.06% of the total value of trades on the exchange.
JOHNHOLT, and CHAMPION topped the advancers’ chart with a price appreciation of 10.00 percent each, trailed by REDSTAREX (+9.99%), ACADEMY (+9.98%), UPDC (+9.98%), RTBRISCOE (+9.94%), DAARCOMM (+9.84%) and thirty-two others.
Stockbrokers reported that twenty-seven stocks depreciated. ELLAHLAKES and PZ were the top losers, with a price depreciation of -10.00% each, followed by JAPAULGOLD (-9.70%), ROYALEX (-9.49%), MAYBAKER (-7.90%), CUTIX (-4.99%), and FIRSTHOLDCO (- 1.92%).
Today, the market breadth closed positive, recording 39 gainers and 27 losers. The sectoral performance was positive.
the Insurance sector grew by 1.33%, followed by the Oil & Gas sector which advanced by 0.80% and the Consumer goods sector appreciated by 0.24%. The Industrial and Banking sectors recorded losses of 0.93% and 0.13% accordingly. #Nigerian Exchange Indicators Mixed as Notore Chemical Delists#
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