THUR OCT 30 2025-theGBJournal| The benchmark NGX All-Share Index fell on Thursday on sell pressures as investors digest a batch of fresh corporate earnings.
The broad All-Share Index fell by 0.4% to 153,676.66 points, with market capitalization towing the trend to end the day lower by 0.7%.
The Month-to-Date and Year-to-Date returns moderated to +7.7% and +49.3%, respectively.
Sell pressures eat up TRANSCORPP (-2.2%), WAPCO (-1.8%), ARADEL (-2.3%) and GTCO (-1.5%) valuation.
Meanwhile, total volume of trades rose by 75.7% to 795.86 million units, valued at N35.11 billion, and exchanged in 28,944 deals.
WEMABANK was the most traded stock by volume at 305.74 million units, while GEREGU was the most traded stock by value at N8.77 billion.
Sectoral performance was mostly negative, with declines in the Insurance (-1.3%), Consumer Goods (-1.2%), Oil & Gas (-0.3%), and Industrial Goods (-0.3%) indices, while the Banking (+0.1%) index closed slightly higher.
As measured by market breadth, market sentiment was negative (0.5x), as 39 tickers lost relative to 20 gainers. CADBURY (-10.0%) and CHAMS (-10.0%) led the laggards, while OANDO (+10.0%) and ASOSAVINGS (+9.3%) recorded the highest gains of the day.
At the official foreign exchange market, the naira rose again by 1.0% to N1,431.00 vs the U.S. dollar as dollar holders sell down their positions.
Improved market liquidity is attributed to the sustained strength of the local currency as well renewed confidence in the Nigeria’s economy.
To-date, the naira has gain well over N220 or close to 16% since December 2024 when it sold at N1,661.12 to the dollar.
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