Home Business Markets Wrap| Nigerian stocks trade mostly higher as Naira sags amid accelerating...

Markets Wrap| Nigerian stocks trade mostly higher as Naira sags amid accelerating demand

325
0
Access Pensions, Future Shaping

…The NASD market closed today’s session on a bearish note, with the NASD Securities Index (NSI) and market capitalisation declining by 0.04%

FRI DEC 12 2025-theGBJournal| Stocks traded mostly higher on Thursday at the Nigerian Exchange, as the benchmark NGX All-Share Index rose by 0.7% to finish the day at 147,950.59 points.

The market capitalization increased by N693.96 billion to settle at N94.32 trillion.

Big gains were seen in MTNN (+4.9%), NB (+7.6%), DANGSUGAR (+5.9%), and PZ (+9.4%), as a result, the Month-to-Date and Year-to-Date returns settled at +3.1% and +43.7%, respectively.

The total volume traded declined by 29.1% to 529.70 million units, valued at N12.31 billion, and exchanged in 18,159 deals.

JAPAULGOLD was the most traded stock by volume at 41.15 million units while ACCESSCORP was the most traded stock by value at N3.16 billion.

Sectoral performance was mixed as the Insurance (+3.0%) and Consumer Goods (+1.2%) indices advanced, while the Banking (-0.4%) and Oil & Gas (-0.2%) indices declined. The Industrial Goods index closed flat.

As measured by market breadth, market sentiment was positive (1.3x), as 30 tickers gained relative to 23 losers.

JAPAULGOLD (+10.0%) and BERGER (+10.0%) led the gainers, while JOHNHOLT (-9.3%) and CHAMPION (-7.9%) posted the most significant losses of the day.

The NASD market closed today’s session on a bearish note, with the NASD Securities Index (NSI) and market capitalisation declining by 0.04%, to close at 3,578.23 points and N2.14 trillion, respectively.

The market activity improved notably, with transaction volume and value rising by 4,217.75% and 8,040.34% respectively.

SDFCWAMCO (+2.80%) topped the market gainers while, SDCSCSPLC (-7.38%) was the only the decliner in today’s session.

Meanwhile, the naira fell by 0.1% to N1,460.00/US$1 (N1,459.00/US$1 Wednesday) on Thursday, as demand accelerates further amid insufficient FX inflows.

The Nigerian Autonomous Foreign Exchange Market (NAFEM) reference rate also depreciated marginally by 0.07% to close N1,455.38/$US1.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

Access Pensions, Future Shaping
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments