…The NASD Securities Index (NSI) and market capitalisation dropping by 0.54%, to close at 3,552.12 points
SAT DEC 06 2025-theGBJournal| The NGX All-Share Index edged higher on Friday, securing its fourth straight winning day, as traders responded favorably to recent growth figure.
The benchmark index closed 2.45% higher to 147,040.26 points.
Similarly, all other indices finished higher with the exception of NGX Oil and Gas and NGX Commodity Indices which depreciated by 0.57% and 0.30%.
Over the course of the week, strong performances in MTNN (+1.20% w/w), GTCO (+2.25% w/w) , and ZENITHBANK (+0.42% w/w) drove the market’s positive performance, outweighing losses in BUA CEMENT (-4.76% w/w), OANDO (-1287% w/w), and UBA (-1.22% w/w).
The year-to-date (YTD) return rose to 42.86% from 41.34% recorded in the prior session, while the market capitalisation gained N2.45 trillion w/w to close at N93.72 trillion.
Trading in the top three equities, namely E-Tranzact International Plc, Cornerstone Insurance Plc and Access Holdings Plc (measured by volume), accounted for 4.871 billion shares worth N27.422 billion in 6,438 deals, contributing 73.60% and 24.22% to the total equity turnover volume and value respectively.
Friday, the NGX closed 1.08% stronger, buoyed by interests in DANGCEM (+4.57%), TRANSCOHOT (+9.71%), and UACN (+10.00%) offset selloffs in MANSARD (-7.19%), UNIONDICON (-10.00%) and OANDO (-1.27%), keeping the market in the positive terrain, while gaining N996.83 billion.
Analysis of market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 22.70%.
A total of 361.60m shares valued at N14.84 billion were exchanged in 11,051 deals. ZENITHBANK (+2.81%) led the volume and value charts with 59.46 million units traded in deals worth N3.64 billion.
Market breadth closed positive at a 2.11-to-1 ratio with advancing issues outnumbering the declining ones. UACN (+10.00%) topped thirty-nine (39) others on the leader’s table while UNIONDICON (-10.00%) led eighteen (18) others on the laggard’s log.
In contrast, the NASD closed Friday’s session on a bearish note, with the NASD Securities Index (NSI) and market capitalisation dropping by 0.54%, to close at 3,552.12 points and N2.13 trillion, respectively.
The market activity closed on a positive note, with both transaction volume and value increasing by 322.54% and 12.12% respectively.
SD11PLC (-11.03%) was the only decliner recorded in Friday’s session.
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