The Nigerian equities market yesterday sustained its upward trajectory, commencing the week with a acquire of N542 billion, pushed by buyers realigning their portfolios in anticipation of the brand new 12 months. Market breadth
The All-Share Index rose by 849.70 per cent, representing a acquire of 0.55 per cent, to shut at 154,389.53 factors, restoring the 12 months-to-date acquire to 50 per cent for the primary time since October 28, 2025. Equally, the general market capitalisation worth gained N542 billion to shut at N 98.432 trillion.
The market optimistic efficiency was pushed by worth appreciation in giant and medium capitalised shares that are; Guinness Nigeria, BUA Meals, Eunisell Interlinked, UACN and Ecobank Transnational Integrated (ETI).
On market efficiency for this week, United Capital Plc stated, “the Nigerian fairness market is prone to commerce cautiously optimistic this week, supported by regular GDP progress, robust exterior reserves, and broad-based sector good points.
Buyers will concentrate on basically robust shares in shopper items, banking, and industrials, whereas profit-taking might restrict sharp rallies.”
Market breadth was optimistic with 41 gainers surpassing 37 losers. Austin Laz & Firm and ETI recorded the best worth acquire of 10 per cent every to shut at N3.52 and N41.80 respectively, whereas Eunisell Interlinked adopted with a acquire of 9.95 per cent to shut at N96.70, per share.
Honeywell Flour Mills appreciated by 9.86 per cent to shut at N19.50, whereas Guinness Nigeria rose by 9.82 per cent to shut at N349.90, per share.
Then again, Worldwide Power Insurance coverage led the losers’ chart by 10 per cent to shut at N2.34, whereas Meyer and eTranzact Worldwide adopted with a decline of 9.92 per cent to shut at N11.35, per share.
Livestock Feeds shed 9.60 per cent to shut at N5.65, whereas C&I Leasing misplaced 8.06 per cent to shut at N5.70, per share.
Nonetheless, the whole quantity of commerce declined by 16.98 per cent to 1.468 billion models, valued at N35.544 billion, and exchanged in 47,892 offers.
Transactions within the shares of Entry Holdings topped the exercise chart with 594.380 million shares valued at N12.362 billion. Champion Breweries adopted with 122.087 million shares price N1.840 billion, whereas FCMB Group traded 116.611 million shares valued at N1.260 billion.
Japaul Gold & Ventures traded 66.156 million shares valued at N155.253 million, whereas First HoldCo transacted 51.529 million shares price N2.568 billion.
