WED APRIL 08 2026-theGBJournal| Trading on the Nigerian equities market closed on a positive note on Wednesday, with the All-Share Index (ASI) posting modest gains amid renewed investor interest in select stocks.
The Index rose by 0.3% to 202,585.52 points, consequently, pushing the Month-to-Date and Year-to-Date returns higher at +0.6% and +30.2%, respectively.
Gains were seen in SEPLAT (+4.9%), ZENITHBANK (+5.8%), and GTCO (+3.2%). d
The total volume traded fell by 12.7% to 1.01 billion units, valued at NGN40.55 billion, and exchanged in 52,516 deals.
ACCESSCORP was the most traded stock by volume at 232.98 million units, while ZENITHBANK was the most traded stock by value at NGN6.47 billion.
On Sectors, the Oil and Gas (+2.1%) and Banking (+1.8%) indices advanced, while the Consumer Goods (-1.1%), Insurance (-0.4%), and Industrial Goods (-0.2%) indices declined.
As measured by market breadth, market sentiment was negative (0.7x), as 21 tickers gained relative to 31 losers.
UNIVINSURE (+10.0%) and OMATEK (+9.8%) led the gainers, while UPCREDIT (-10.0%) and DEAPCAP (-9.9%) recorded the highest losses of the day.
On the corporate actions front, several notable disclosures were recorded from UNILEVER, DANGCEM, CONHALLPLC, while NREIT published its audited financial statements for the year ended 31 December 2025.
Most of the affected stocks closed flat, while CONHALLPLC recorded a gain of 5.96% during the session.
In the currency market, the naira showed signs of resilience, firming against the dollar by 0.9% to NGN1,367.00/US$.
Analysts note that the combined momentum in equities and the FX market reflects cautious optimism, although broader macroeconomic risks and inflationary pressures remain key concerns for investors.
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