Equities Investors Gain N443bn in Nigerian Stock Market
Equities investors gained about N443 billion in the Nigerian stock market on Monday, reflecting continued positioning in growth and value stocks ahead of the first-quarter earnings release.
The Nigerian Exchange opened the new week in positive territory, as key market performance indicators appreciated by 0.35%.
Stockbrokers spotted buying interest in medium and large-cap stocks, including ZENITHBANK, GUINNESS, NGXGROUP, and others, across major market sectors.
Consequently, the market index or All-Share Index grew 0.35% to close at 204,487.85 points. Likewise, market capitalisation gained ₦443 billion to close at ₦131.62 trillion.
Total Volume of trades declined by -14.33% while the Total Value traded in the local bourse increased by +3.15%. Market analysts reported that approximately 470.01 million units valued at ₦32,448.83 million were transacted across 60,793 deals.
ACCESSCORP topped the volume chart, accounting for 11.73% all units traded, followed by GTCO (9.29%), ZENITHBANK (9.02%), JAPAULGOLD (4.12%), and CHAMS with 4.07%.
ARADEL topped the value chart, accounting for 21.80% of total trades executed in the stock market, making it the most traded on the exchange.
NGXGROUP topped the gainers’ chart, up by +10.00%, trailed by TRANSEXPR (+9.81%), MCNICHOLS (+9.74%), VFDGROUP (+9.71%), CHAMS (+8.96%), INTBREW (+8.61%), and twenty-six others. A total of twenty-three stocks depreciated.
With a price depreciation of -9.95%, BERGER topped the worst performers’ chart, followed by ACADEMY (-9.71%), CAVERTON (-5.98%), HONYFLOUR (-4.92%), CAP (-3.81%), and UPDC (-3.30%). Hence, the market breadth closed on a positive note, with 32 gainers and 23 losers.
Sectoral performance was varied, as Consumer Goods (+1.93%), Insurance (+1.04%), and Banking (+0.11%) closed in positive territory, while Oil & Gas (-0.10%) and Industrial (-0.02%) weighed on the index, and the Commodity sector ended flat. GTCO Gains as 2025 Dividend, Payout Ratio Attract Investors
