…Market breadth closed positive at 1.63x, indicating a broader advance with 49 gainers against 30 decliners
…Market capitalisation also gained 0.12%, settling at N92.40 trillion
TUE AUG 12 2025-theGBJournal| The Nigerian equities market rose on Tuesday, with the NGX All-Share Index (ASI) hitting a new high as investors assessed more corporate dividend decisions.
The benchmark ASI rose 0.12% to 146,055.16 points, pushing the year-to-date (YTD) return up to 41.90%, from the 41.73% in the prior session.
Market capitalisation also gained 0.12%, settling at N92.40 trillion, reflecting of sustained positive sentiment across key sectors.
Positive sentiment was largely driven by gains in in select industrial goods and financial services stocks, namely, WAPCO (+6.06%), JBERGER (+9.99%), UBA (+1.25%), MANSARD (+10.0%), which outweighed selling pressure in UNILEVER (-9.97%), GTCO (-0.85%), and DANGSUGAR (-3.39%).
Market activity was mixed, with trade volume down 39.63% while value of transaction rose 25.03%. LASACO (+9.90%) dominated the volume chart with 107.2 million units exchanged, whereas GTCO (-0.85%) led the value board, posting N2.61 billion worth of trades.
Market breadth closed positive at 1.63x, indicating a broader advance with 49 gainers against 30 decliners. ABCTRANS (+10.0%) topped the gainers’ chart, while JULI (-10.0%) led the losers’ list.
In today’s NASD session, the NASD Securities Index (NSI) and market capitalisation fell by 1.46%, closing at 3,614.69 points and N2.16 trillion, respectively.
Market activity improved markedly, with the volume surging by 4,137.48%, while transaction value advanced by 981.48%.
SDFSTTRUSTMB (+1.59%) topped the market gainers, while SDCSCSPLC (-11.0%) led the market laggards.
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