TUE DEC 16 2025-theGBJournal| Nigerian stocks stayed calm in trading on Monday, closing essentially flat, as investors reacted to liquidity conditions and macro cues.
The NGX All-Share Index (ASI) inched up by a marginal 0.003% to settle at 149,437.88 points.
This slight gain pushed the market’s year-to-date return up by one basis point to 45.19%.
Meanwhile, the total market capitalisation increased by N2.93 billion, closing at N95.27 trillion.
The market’s marginal gains were supported by renewed buying interest in select large and mid-cap stocks, most notably GUINNESS (+9.96%), EUNISELL (+8.98%), and FIRSTHOLDCO (+9.86%).
Their positive performance was sufficient to offset profit-taking activities in other mid-cap counters such as NB (-6.86%), VITAFOAM (-1.22%), and WEMA (-2.65%).
Overall market activity declined compared to the previous session. The total volume of shares traded fell by 3.24%, while the total value traded dropped significantly by 54.31%.
FCMB (+2.37%) was the most active stock by volume with 92.04 million units exchanged, whereas VITAFOAM (-1.22%) led by value with N1.77 billion worth of trades.
Market breadth closed positive at 1.21x, indicating more advancing stocks than decliners. There were 29 gainers, led by SOVRENINS (+10.00%), and 24 decliners, topped by PRESTIGE (-10.00%).
The NASD Securities Exchange opened today’s session on a negative note, with both key indices declining. The NASD Securities Index (NSI) fell by 0.04% to close at 3,599.06 points, while the total market capitalisation also dropped by 0.04%, ending the day at N2.15 trillion.
Market activity was significantly lower compared to the previous session. The total volume of shares traded declined by 98.38%, and the total value of trades plummeted by 99.84%.
SDIGIPLC (+3.64%) was the only gainer in today’s session while SDFCWAMCO (-1.06%) and SDGOLDEN (-11.05%) were the only losers in today’s session.
Meanwhile, at the fixed income market, The NTB secondary market traded with bullish sentiment as the average yield contracted by 29bps to 17.4%.
The average yield contracted at the short (-19bps), mid (-43bps) and long (-25bps) segments, driven by the demand for the 52DTM (-120bps), 94DTM (-150bps) and 325DTM (-45bps) bills, respectively, Similarly, the average yield contracted by 27bps to 21.8% in the OMO segment.
Elsewhere, the FGN bond secondary market traded on a calm note, as the average yield closed flat at 16.5%.
The overnight lending rate remained unchanged at 22.8%.
Meanwhile, the Debt Management Office (DMO) held its final FGN Bond auction of the year on Monday, 15 December, at which it plans to offer N230.00 billion apiece for the AUG-2030 and JUN-2032 maturities.
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