NGX Kicks Off Week Strong with ₦611bn Gain as Investors Bet Big on BUA Cement and Industrial Stocks
The Nigerian Exchange Limited (NGX) started the new trading week on a bullish note as market capitalisation soared by ₦611 billion on Monday, reflecting renewed investor confidence in industrial and mid-cap stocks. The strong performance was largely driven by gains in BUA Cement Plc and other blue-chip equities, signaling a positive outlook for the final quarter of 2025.
By the end of Monday’s trading, the market capitalisation climbed to ₦95.2 trillion, up from ₦94.6 trillion recorded in the previous session — a 0.65 per cent increase. The All-Share Index also appreciated by 963.17 points to close at 149,940.81, marking a one-week rise of 1.51 per cent, a four-week surge of 5.71 per cent, and a remarkable year-to-date gain of 45.68 per cent. Market watchers say the sustained upward trajectory highlights investor optimism amid expectations of stronger corporate earnings and stable macroeconomic indicators.
Trading data showed a total of 415.04 million shares worth ₦26.96 billion exchanged hands in 31,486 deals. While this represented a 14 per cent drop in trading volume, the value of transactions rose by 62 per cent compared to the previous session — suggesting more focus on high-value stocks. Among the top performers, Union Dicon Salt Plc led gainers with a 10 per cent rise to ₦8.80 per share, followed by Eunisell Interlinked Plc, Sovereign Trust Insurance Plc, and BUA Cement Plc, which advanced by 6.25 per cent to close at ₦170 per share.
On the downside, Juli Plc topped the losers’ chart with a 9.94 per cent decline to ₦8.06 per share. Thomas Wyatt Nigeria Plc, Daar Communications Plc, and Universal Insurance Plc also recorded declines ranging between 5 and 9 per cent. Meanwhile, Fidelity Bank emerged as the most traded stock by volume, exchanging 49.44 million shares valued at ₦982.26 million. Other active tickers included Access Holdings, Chams Holdings, and Nigerian Breweries, while Geregu Power Plc led by value with ₦9.29 billion worth of transactions.
Sectoral performance reflected broad-based gains across major indices, with the Industrial Index leading the pack with a 2.34 per cent increase. The Top 30, Premium, Main Board, Oil & Gas, and Pension indices also posted gains between 0.55 and 0.68 per cent, reinforcing the market’s overall positive tone. Analysts attributed the strong sentiment to a mix of earnings optimism, dividend positioning, and institutional demand for industrial and blue-chip stocks ahead of fourth-quarter financial results.
source: punch