FRI APRIL 17 2026-theGBJournal| Nigerian equities market closed positive in all five trading sessions this week as the NGX All-Share Index surged for the third straight week.
Performance was driven by buying interest in ARADEL (+28.9%), MTNN (+10.7%), AIRTELAFRI (+10.0%), STANBIC (+36.6%), SEPLAT (+9.4%), BUAFOODS (+3.3%) and ZENITHBANK (+12.5%).
Overall, the NGX All-Share Index advanced by 6.6% to 217,131.54 points, bringing the month-to-date and year-to-date returns to 12.6% and +39.5%, respectively, while market capitalization surged to N139.82 trillion.
Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Growth which depreciated by 0.04% and 0.99% respectively.
Trading in the top three equities, namely Sterling Financial Holdings Company Plc, Access Holdings Plc and Zenith Bank Plc (measured by volume), accounted for 1.038 billion shares worth N46.081 billion in 33,067 deals, contributing 28.92% and 23.59% to the total equity turnover volume and value respectively.
Market activity strengthened, with total volume and value traded increasing by 6.6% w/w and 28.4% w/w, respectively.
On sectors, performance was broadly bullish, as the Oil & Gas (+17.6%), Banking (+11.9%), Consumer Goods (+3.4%) and Industrial Goods (+1.3%) indices advanced.
The Insurance index closed the week flat.
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