THUR SEPT 11 2025-theGBJournal| Nigerian stocks closed on a new high on Thursday as Nigeria’s composite Purchasing Managers’ Index (PMI) ticked up in August led by Services and Agriculture sectors.
The NGX ALL-Share Index rose 0.2% to 140,657.92 points with market capitalisation reaching N89 trillion amidst the markets bullish sentiments.
GUINNESS (+10.0%) and LIVINGTRUST UBA (+2.3%), ZENITHBANK (+1.5%), and GUINNESS (+10.0%) stocks gained, consequently sending Month-to-Date and Year-to-Date returns up to +0.3% and +36.7%, respectively.
The total volume of trade declined by 50.7% to 378.18 million units, valued at N12.41billion, and exchanged in 22,935 deals.
JAPAULGOLD was the most traded stock by volume at 42.05 million units, while ZENITHBANK was the most traded stock by value at N1.87billion.
Analysing by sectors, the Banking (+0.8%), Consumer Goods (+0.2%), and Oil & Gas (+0.1%) indices gained, while the Insurance (-1.2%) index declined. The Industrial Goods index remained unchanged.
As measured by market breadth, market sentiment was positive (3.5x), as 39 tickers gained relative to 11 losers. NEM (-10.0%) and MANSARD (-4.8%) recorded the highest losses of the day.
Meanwhile, the naira stayed unchanged closing N1,503.00 to the U.S. dollar at the official FX market.
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