Investors gain N389bn as NGX crosses N94trn

The Nigerian Exchange (NGX) yesterday crossed N94 trillion in market capitalisation following a positive rally from cement and banking stock. Experts said this is in anticipation of the third quarter of 2025 earnings release. The stock market traded positively as investors rotated funds from the debt market amidst spot rate repricing and lower yields on […]

The Nigerian Exchange (NGX) yesterday crossed N94 trillion in market capitalisation following a positive rally from cement and banking stock.

Experts said this is in anticipation of the third quarter of 2025 earnings release.

The stock market traded positively as investors rotated funds from the debt market amidst spot rate repricing and lower yields on naira assets. With increased positioning in risky assets, the key performance indicators climbed by 41 basis points while year to date return rose to 44.1%.

Gainers included FirstHoldco, STERLINGNG, MAYBAKER, DANGCEM, Lafarge Africa WAPCO and others.

The gainers contributed to an increase of approximately N389 billion to investors’ wealth.

The All-Share Index, increased by 612.82 basis points which represented a rise of 0.41% to close at a new all-time high of 148,355.04.

NGX market capitalisation surged by N388.96 billion to close at N94.17 trillion.

Trading activities improved as the total volume and total value of all trades increased by +11.13% and +35.47%, respectively.

Atlass Portfolio Limited reported that approximately 432.43 million units valued at N16,909.80 million were transacted across 23,665 deals.

In terms of volume, CONHALLPLC led the activity chart, accounting for 9.51% of the total volume of trades, followed by ACCESSCORP (9.37%), GTCO (6.40%), ZENITHBANK (5.82%), and TANTALIZER (5.16%), rounding out the top five.

GTCO emerged as the most traded stock in terms of value, accounting for 15.36% of the total value of all trade on the exchange.

NSLTECH topped the advancers’ chart for today with a price appreciation of 7.06 percent, trailed by STERLINGNG (+6.49%), LIVESTOCK (+5.533%), TIP (+5.18%), MAYBAKER (+4.99%), JAPAULGOLD (+4.72%) and twenty-four others.

The banking sector rose by +0.21%, and the oil & gas sector increased by +0.18%. The insurance sector dropped by (-1.35%). Nigerian Exchange Crosses N94trn as Cement, Banking Stock Rally.