MON OCT 20 2025-theGBJournal| Nigerian market closed bullish on Monday, as investors continue to take positions in fundamentally strong stocks ahead of the nine-month earnings season.
The benchmark All-Share Index rose by 0.7% to 149,943.27 points, buoyed by gains in BUACEMENT (+6.3%), MTNN(+1.2%), and FIRSTHOLDCO (+3.5%) shares.
The Month-to-Date and Year-to-Date returns closed at +5.1% and +45.7%, respectively, while market capitalization gained N611.34 billion (+0.65%), settling at N95.17 trillion
Sell pressure were seen in ACCESSCORP (-0.78%), MANSARD (-4.05%), and CONOIL (-4.07%) stocks.
The total volume traded declined by 15.0% to 408.97 million units, valued at N26.69 billion, and exchanged in 31,287 deals.
FIDELITYBK was the most traded stock by volume at 49.46 million units, while GEREGU was the most traded stock by value at N9.29 billion.
In terms of sectoral indices, the Industrial Goods (+2.3%), Oil & Gas(+0.7%), Banking (+0.5%) and Consumer Goods (+0.1%) indices closed positive, while the Insurance (-0.7%) index closed negative.
As measured by market breadth, market sentiment was negative (0.9x), as 32 tickers lost relative to 28 gainers.
JULI (-10.0%) and THOMASWY (-10.0%) topped the losers, while UNIONDICON (+10.0%) and SOVRENINS (+6.4%) recorded the most significant gains of the day.
Meanwhile, at the NASD, activities was lower in today’s session, with volume and value depreciating by 88.29% and 60.65% respectively.
SDCSCSPLC (+6.65%) topped the market gainers, while SDUBNPROP (11.16%) led the laggards’ log.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
