NGX Ends Week in the Green as ₦1.54 Trillion Boosts Investors’ Fortunes

NGX Ends Week in the Green as ₦1.54 Trillion Boosts Investors’ Fortunes

The Nigerian Exchange (NGX) closed the week on a positive footing, as sustained buying interest across key stocks lifted market indicators and added over ₦1.5 trillion to investors’ portfolios.

The NGX All-Share Index advanced by 1.63 percent to close at 149,433.26 points, while market capitalization rose by 1.64 percent to ₦95.264 trillion. This represented a clear improvement from the previous week’s closing levels of 147,040.08 points and ₦93.722 trillion.

Overall, the market rally translated into a cumulative gain of ₦1.542 trillion for investors during the week under review.

Most sectoral indices ended the week in positive territory, although a few recorded losses. The NGX Banking Index slipped marginally by 0.12 percent, while the NGX AFR Dividend Yield Index declined by 0.75 percent. The NGX MERI Growth and MERI Value indices also fell by 1.07 percent and 0.27 percent, respectively. Other indices that closed lower included the NGX Oil and Gas Index, which dipped by 0.13 percent; the NGX Sovereign Bond Index, down by 2.02 percent; and the NGX Commodity Index, which shed 0.49 percent.

Despite the overall market strength, trading activity slowed compared with the previous week. A total of 4.373 billion shares valued at ₦97.783 billion were exchanged in 110,736 deals, compared with 6.617 billion shares worth ₦113.224 billion traded in 109,590 deals a week earlier.

The financial services sector dominated market activity, accounting for 2.252 billion shares valued at ₦47.204 billion in 44,808 deals. This represented 51.49 percent of total traded volume and 48.27 percent of the market’s total value. The ICT sector followed with 1.118 billion shares worth ₦13.148 billion traded in 10,413 deals, while the Oil and Gas sector ranked third with 233.89 million shares valued at ₦4.726 billion across 7,515 deals.

Trading in E-Tranzact International Plc, Access Holdings Plc, and FCMB Group Plc led the equity market, with a combined turnover of 1.921 billion shares valued at ₦22.218 billion in 9,558 deals. These transactions accounted for 43.93 percent of total market volume and 22.72 percent of total value.

The week saw mixed price movements. Forty-nine equities recorded gains, down from 55 in the previous week, while 41 equities declined, compared with 29 earlier. Fifty-seven equities closed unchanged, slightly lower than the 63 recorded in the preceding week.

Morison Industries Plc, Mecure Industries Plc, Japaul Gold and Ventures, Sovereign Trust Insurance, and PZ Cussons Nigeria emerged as the top gainers, appreciating by ₦1.15, ₦8.15, 56 kobo, 50 kobo, and ₦6.55, respectively. On the flip side, Eterna Plc, UACN Plc, E-Tranzact International Plc, Transcorp Hotels, and Chellarams Plc recorded the steepest losses, shedding ₦5.30, ₦13.80, ₦1.40, ₦17.20, and ₦1.45, respectively.

Meanwhile, the NGX announced the listing of an additional 140.1 million units of Chapel Hill Denham Management Limited’s Series 11 Nigeria Infrastructure Debt Fund at ₦109.50 per unit under its ₦200 billion issuance program. The listing, which took effect on Wednesday, December 10, 2025, increased the total outstanding units of the fund on the Exchange from 1.056 billion to 1.196 billion units, each with a face value of ₦100.