…The NASD Securities Index (NSI) declined by 0.22% to settle at 4,140.30 points.
WED MAR 25 2026-theGBJournal| The Nigerian equities market staged a strong and unexpected comeback on Tuesday, with the NGX rebounding on the back of broadly positive sectoral performance as investors returned to the market with renewed confidence.
Strong gains in AIRTELAFRI (+10.0%), GTCO (+5.7%), PRESCO (+5.8%) and TRANSCORP (+3.9%) spurred a 0.9% increase in the NGX ASI to 200,705.88 points.
Consequently, the Month-to-Date and Year-to-Date returns settled higher at +4.1% and +29.0%, respectively, while market capitalisation rose by 0.85% to settle at N128.84 trillion.
The total volume traded advanced by 52.2% to 1.2 billion units, valued at N65.33 billion, and exchanged in 89,949 deals. ACCESSCORP was the most traded stock by volume at 266.79 million units, while GTCO was the most traded stock by value at N19.39 billion.
Sectoral performance was broadly positive as the Insurance (+2.1%), Consumer Goods (+0.5%) and Banking (+0.5%) Indices closed higher, while Industrial Goods and Oil & Gas Indices closed flat.
As measured by market breadth, market sentiment was positive (1.5x), as 35 tickers gained relative to 23 losers.
JOHNHOLT (+10.0%) and AIRTELAFRI (+10.0%) posted the most significant gains of the day, while NPFMCRFBK (-6.3%) and ROYALEX (-5.3%) led the laggards.
The upswing reflects a resilient market tone, even as participants remain cautious of macroeconomic headwinds.
In contrast, the NASD market closed in negative territory in Tuesday’s trading session, as the NASD Securities Index (NSI) declined by 0.22% to settle at 4,140.30 points. Market capitalisation mirrored this performance, easing to N2.48 trillion.
Despite the bearish close, market activity improved significantly compared to the previous session, with traded volume and value surging by 126.34% and 518.93%, respectively.
On the performance front, SDFSTTRUSTMB (+9.13%) topped the gainers’ chart, while SDRIGGS (-11.11%) emerged as the sole decliner for the session.
Meanwhile, the Naira strengthened by 0.3% to N1,380.00/USD at the official FX market, offering a modest boost to confidence in the foreign exchange space.
The currency’s appreciation comes amid ongoing efforts to stabilize liquidity and attract inflows, reinforcing optimism that recent policy measures may gradually ease pressure on the local currency.
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