NGX Market Capitalisation Hits N157 Trillion as Investors Trade N324 Billion Worth of Shares in One Week

The Nigerian stock market ended the week on a positive note as the Nigerian Exchange Limited recorded a 0.71 percent rise in market capitalisation, closing at N157.09 trillion. The All-Share Index also climbed by the same margin to settle at 244,775.83 basis points, reflecting steady investor confidence despite mixed performances across listed stocks.

Investor activity was notably stronger during the week, with a total of 7.08 billion shares valued at N324.35 billion traded in 474,436 deals. This represents a significant increase compared to the previous week, when 4.84 billion shares worth N287.76 billion were exchanged in 332,453 transactions. The sharp rise signals renewed liquidity and participation in the equities market.

Sectoral performance showed that financial services dominated trading activity, accounting for 4.26 billion shares worth N131.48 billion across 179,609 deals. The ICT sector followed with 769.24 million shares valued at N45.32 billion, while the investment sector ranked third with 544.81 million shares worth N5.78 billion, highlighting concentrated investor interest in key growth-driven industries.

In terms of individual stock activity, Access Holdings Plc, VFD Group Plc, and CWG Plc led trading volumes, jointly accounting for 1.59 billion shares worth N30.1 billion. Together, they contributed over 22 percent of total traded volume, showing strong institutional and retail activity around major financial and tech-related stocks.

Market movers were mixed, with CAP Plc leading the gainers after a 60.95 percent surge, followed by strong advances in Zichis Agro Allied Industries and FTN Cocoa Processors Plc. However, losses were recorded in several major stocks, including Guinness Nigeria Plc, MTN Nigeria Communications Plc, Access Holdings Plc, UPDC Plc, and Nigerian Aviation Handling Company Plc, which all saw declines in their share prices during the week.

source: The Cable