Home Business Nigerian stocks tick higher, year-to-date return climbs to 23.09%

Nigerian stocks tick higher, year-to-date return climbs to 23.09%

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MON JULY 14 2025-theGBJournal| Nigerian shares ticked higher on Monday, with the NGX All Share Index (ASI) advancing by 0.43% to close at 126,689.54 points.

Losses were kept in check with market breadth closing positive at 1.22-to-1 ratio, and market gainers outnumbering losers.

NSLTECH (+10.0%) led the gainers, while CAVERTON (-10.00%) topped the list of laggards.

The year-to-date ASI return rose to 23.09% from 22.56% recorded in the previous session. Similarly, the market capitalisation appreciated by N3.40 trillion to close at N80.14 trillion.

The bullish momentum was supported by demand in BUACEMENT (+5.32% ), ZENITHBANK (+2.58% ), and OANDO (+0.68% ).

These gains outweighed profit-taking in GTCO (-0.27), INTBREW (-9.09% ), and HONYFLOUR (-4.52 %).

Market activity was mixed compared to previous session, with transaction volume decreased by 7.39% to 1.29bn while value edged up by 5.41% to N32.20bn.

ACCESSCORP (+0.43%) led the volume chart with 138.03 million units trades while SEPLAT (+0.00%) led the value chart in deals worth N5.27 billion.

The NASD OTC Securities Index (NSI) and market capitalisation advanced by 1.42% each. The NSI also closed at 3,472.8 points while the market capitalisation settled above N2..03trn.

Market activity plunged, as transaction volume declined by 58.56%, while trade value declined by 56.35%.

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