SAT OCT 24 2026-theGBJournal| The Nigerian equities market closed the week on a negative note, as the NGX All-Share Index (ASI) declined by 0.13% w/w to close at 247,222.27 points, while market capitalisation fell by 0.13% w/w to N160.52 trillion.
This moderated the ASI year-to-date (YTD) return to 58.87%, from 59.07% in the previous session.
The weekly performance was weighed down by losses in ARADEL (-6.33% w/w), ACCESSCORP (-7.02% w/w), INTBREW (-9.5%), and GTCO (-2.24% w/w), while gains in FIRSTHOLDCO (+4.42% w/w), DANGCEM (+4.15% w/w) and FIDELITYBK (+14.01% w/w) provided support.
Sectoral performance was mixed, with the Insurance index leading the decliners, falling by 2.79% w/w, followed by Oil & Gas (-2.55% w/w), Banking (-0.67% w/w) and Consumer Goods (-0.55% w/w). The Industrial Goods index was the sole gainer, advancing by 1.95% w/w.
In Friday’s session, the NGX ASI and market capitalisation advanced by 0.92% each. The positive performance was supported by gains in DANGCEM (+10.00%), FIRSTHOLDCO (+10.00%) and FIDELITYBK (+9.09%), which helped offset losses in ARADEL (-6.33%), ZENITHBANK (-0.49%) and ACCESSCORP (-0.93%).
Market activity strengthened, with total volume traded rising by 69.56% to 611.68mn unit, while value traded increased by 13.88% to N23.14 billion. The number of deals also rose by 6.96% to 33,585.
LIVESTOCK (-9.79%) led the volume chart with 46.84mn unit traded, while ARADEL (-6.33%) topped the value chart with transactions worth N4.20 billion.
Market breadth was negative at 0.82x, reflecting twenty-eight advancers against thirty-four decliners. DANGCEM (+10.00%) led the gainers, while LIVESTOCK (-9.79%) led the decliners.
The NASD OTC market closed the week on a negative note, as the NASD Security Index (NSI) declined by 0.16% w/w to 4,345.02 points.
Market capitalisation also fell by 0.16% w/w to N2.61 trillion, while the year-to-date (YTD) return moderated to 22.61% from 22.80% in the previous session.
Market activity weakened significantly w/w, with total volume traded declining by 99.50% to 342,930 units from 68.61mn units in the previous week.
Total value traded also fell by 99.50% to N1.08 million from N214.58 million, while the number of trades decreased by 62.50% to 9 from 24 in the previous week.
SDFSTTRUSTMB led the weekly gainers, advancing by 9.95%, while SD11PLC was the top decliner, shedding 3.93%.
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