Nigerian Exchange Booms as Equity Investors Gain N1.08trn
The Nigerian Exchange (NGX) entered into a boom with a significant surge in equity portfolio value on Friday, according to trading data. Stockbrokers said the momentum was driven by investors taking positions ahead of the fourth quarter of financial year 2025 earnings release.
With the expectation of better earnings, there was a significant surge in consumer goods stocks, and the market reported increased demand for industrial names. Financial stocks gained investors’ attention, but sell pressures were seen in oil and gas stocks.
The NGX All-Share Index surging 1.13% to 152,057.38 points, while market capitalisation expanded by N1.08 trillion to N96.94 trillion, as investors continued repositioning portfolios ahead of the New Year.
Market sentiment was favourable at 1.4x, with 34 advancing stocks outpacing 24 declining counters. AUSTINLAZ, UNIONDICON, TANTALIZER, ALEX, and CHAMPION emerged as top performers, whereas SOVRENINS, ROYALEX, OMATEK, EUNISELL, and ETERNA recorded the largest losses.
Sectoral activity was divergent: Consumer Goods led gains with a 3.82% surge, followed by Industrial rising 1.46%, Banking adding 0.08%, and Insurance edging up 0.04%. Oil & Gas and Commodity sectors declined 0.03% and 0.14%, respectively.
Trading metrics showed mixed results as share volume jumped 79.20% to 1.5 billion units and deal count increased 10.58% to 25,667 transactions, while transaction value dropped 33.49% to ₦21.82 billion. Naira Surges After CBN Closes 15% Forex Market Supply Drop

