WED SEPT 10 2025-theGBJournal| The Nigerian equities market jumped for the fourth consecutive session on Wednesday after solid gains in CHELLARAM (+10.0%) and FTNCOCOA (+10.0%)
DANGCEM (+1.5%), WAPCO (+6.7%) and ARADEL (+3.7%) stocks also gained to lift the benchmark index higher by 0.4% to 140,365.36 points.
The Month-to-Date and Year-to-Date returns settled at +0.1% and +36.4%, respectively as market capitalization hit N88.8 trillion.
The total volume traded advanced by 16.5% to 767.73 million units, valued at N40.64 billion, and exchanged in 24,837 deals.
FCMB was the most traded stock by volume at 287.77 million units, while ARADEL was the most traded stock by value at N23.01 billion.
Sectoral performance was broadly positive as the Industrial Goods (+1.6%), Oil & Gas (+1.3%) and Insurance (+0.1%) indices gained, while the Banking and Consumer Goods indices remained unchanged.
As measured by market breadth, market sentiment was positive (1.7x), as 37 tickers gained relative to 22 losers.
CHELLARAM (+10.0%) and FTNCOCOA (+10.0%) led the gainers, while MAYBAKER (-10.0%) and UNIONDICON (-9.7%) recorded the most significant losses of the day.
Meanwhile, the Naira stayed on course for its fourth consecutive gain against the U.S dollar, climbing 0.5% to N1,503.00/US$1.
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