Nigeria’s equities market staged a strong recovery on Tuesday, December 2, 2025, as the Nigerian Exchange Group (NGX) All Share Index (ASI) climbed 1.20% to 144,928.36 points. Market capitalization also rose by 1.41% to N92.38 trillion, reflecting renewed investor confidence and signaling an encouraging start to the week for the nation’s bourse. Year-to-date returns improved to 40.81%, up from 39.14% the previous day.
The upswing was largely driven by strong buying interest in major blue-chip stocks, with Dangote Cement (DANGCEM) surging 9.99% to close at N588.00. Other gainers included NCR, which rose 9.98%, and International Breweries, up 9.66%. These gains offset declines in stocks such as Ikeja Hotels, Legend, and LivingTrust, showing a selective but focused investor appetite.
Despite the market’s rebound, trading activity was mixed. The total volume of shares traded fell sharply by 58.65% to 606.25 million units, while the value of trades soared by 112.64% to N39.69 billion. AccessCorp led in trading volume with 310.25 million shares, while Seplat topped the value chart with N22.48 billion, highlighting concentrated activity in high-value stocks.
Sectoral performance was positive across most indices, with the Industrial Goods sector leading the rally thanks to Dangote Cement’s strong showing. Consumer Goods, Banking, and Insurance sectors also closed higher, reflecting measured investor confidence. Oil & Gas posted marginal gains, while selective accumulation patterns indicated cautious optimism as the year draws to a close.
Analysts suggest that the market’s recovery reflects strategic positioning by investors rather than broad-based risk appetite. While the sharp decline in transaction volume signals lingering caution, the surge in trading value indicates that high-net-worth investors are focusing on large-ticket stocks to maximize returns. The selective market activity underscores an evolving trend in Nigeria’s equity space as investors prepare for year-end opportunities.
source: nairametric