…The NASD OTC Securities Index (NSI) and market capitalisation declined by 2.13%, closing at 3,469.94 points and N2.08 trillion, respectively.
…The FGN bond secondary market also closed on a bullish note, as the average yield shrank by 3bps to 16.3%
TUE SEPT 30 2025-theGBJournal| The Nigerian equities market closed higher on Tuesday with positive returns, and driven by buying interests in ARADEL (+9.8%), TRANSCORP (+8.5%), and FIDELITYBK (+5.3%).
The NGX All-Share Index inched higher by 0.2% alongside market capitalization to 142,710.48 points and N90.58 trillion respectively.
The Month-to-Date and Year-to-Date returns improving to +1.7% and +38.7%, respectively.
The total volume traded advanced by 223.1% to 1.24 billion units, valued at N29.82 billion and exchanged in 28,009 deals.
FIDELITYBK was the most traded stock by volume and value at 793.04 million units and N15.88 billion, respectively.
On sectors, the Oil & Gas (+3.7%) index advanced, while the Insurance (-0.4%), Consumer Goods (-0.2%), Banking (-0.1%) and Industrial Goods (-0.1%) indices declined.
As measured by market breadth, market sentiment was negative (0.8x), as 25 tickers gained relative to 31 losers.
UPDC (+10.0%) and ENAMELWA (+10.0%) led the gainers, while UNIONDICON (-10.0%) and CHAMPION (-7.1%) recorded the most significant losses of the day.
The NASD OTC Securities Index (NSI) and market capitalisation declined by 2.13%, closing at 3,469.94 points and N2.08 trillion, respectively.
However, market activity was mixed, as transaction volume declined 76.10% and value surged by 587.71%.
SDUBNPROP (+2.27%) topped the market gainers, while SD11PLC (-10.84%) led the decliners in today’s session.
At forex market the naira collapsed after a day strong gain against the dollar, throwing a 0.9 gain from previous session.
It fell 0.2% to N1,480.00/US$1 at the official foreign exchange market.
Meanwhile, the fixed income market turned red as market capitalization tumbled 0.01% to N51.14 trillion heading into the Independence Day holiday.
The treasury bills secondary market traded average yield fell by 5bps to 17.9%.
Across the curve, the average yield contracted at the short (-6bps), mid (-1bp) and long (-8bps) segments, driven by the demand for the 23DTM (-42bps), 170DTM (-1bp), and 338DTM (-83bps) bills, respectively.
Similarly, the average yield contracted by 73bps to 20.9% in the OMO segment.
The FGN bond secondary market also closed on a bullish note, as the average yield shrank by 3bps to 16.3%.
Across the benchmark curve, the average yield contracted at the mid (-7bps) and long (-4bps) segments, due to buying interest in the JUL-2034 (-15bps) and MAR-2036 (-8bps) bonds, respectively.
The average yield remained unchanged at the short end.
At the money market, the overnight lending rate contracted by 8bps to 24.9%, following inflows from OMO maturities (N731.14 billion).
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