…The NASD closed today’s session on a bearish note, with the NASD Security Index (NSI) and market capitalization shedding 1.27%, closing at 3,914.55 points and N2.34 trillion, respectively
THUR FEB 19 2026-theGBJournal| The Nigerian Exchange market closed Wednesday’s session on a bullish note, reversing the losses recorded in the Tuesday’s trading session as the NGX All-Share Index and market capitalization advanced by 0.56%, closing at 190,427.96 points and N122.24 trillion, respectively.
Wednesday’s performance signals a market on consolidation mode, supported by earnings resilience.
Also, the year-to-date (YTD) return rose to 22.37% from 21.69%.
Gains in SEPLAT (+8.33%), PRESCO (+4.04%), and BETAGLAS (+10.00%) offset losses in VITAFOAM (-9.98%), CAP (-8.21%), and UNIONDICON (-9.80%), keeping the market in positive side.
Trading activity increased as the volume appreciated significantly by 205.73% and the value rose by 2.81%. FCMB (+3.80%) led in volume and value chart with 2.94 billion units traded, and N35.88 billion worth of transaction.
Market breadth closed negative at 0.78x, with the decliners outpacing the advancers. DEAPCAP (-10.00%) led the 41 decliners, while MANSARD (+10.00%) topped the gainers’ chart among 32 advancing stocks.
NASD Summary
Meanwhile, the NASD closed today’s session on a bearish note, with the NASD Security Index (NSI) and market capitalization shedding 1.27%, closing at 3,914.55 points and N2.34 trillion, respectively.
Market activity declined during the session, as transaction volume and value declined by 61.84% and 18.98% respectively.
SDFSTTRUSTMB (+9.09%) led the market gainers, while SDNIPCOPLC (-8.70%) led the decliners in today’s session.
At the fixed income market, the Treasury bills secondary market were bullish as the average yield contracted by 2bps to 17.5%.
Across the curve, the average yield contracted at the short (-1bp), mid (-1bp) and long (-3bps) segments, driven by the demand for the 92DTM (-1bp), 169DTM (-1bp), and 351DTM (22bps) bills, respectively. Likewise, the average yield contracted by 3bps to 20.9% in OMO segment.
The FGN bond secondary market closed on a bullish note, as the average yield contracted by 4bps to 16.0%. Across the curve, the average yield contracted at the mid (-17bps) segment, driven by demand for the JUL-2034 (-40bps) bond, but remained unchanged at the short and long end.
At the currency market, the naira strengthened at the NAFEM window by 0.3% to N1,335.00/US$1, reflecting improved FX supply and cautious confidence in recent policy interventions.
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