…The NASD OTC Securities Index (NSI) and market capitalisation declined by 1.10% w/w, closing at 3,533.09 points and N2.11trn, respectively.
SAT SEPT 20 2025-theGBJournal| Nigerian equities traded lower on Friday but closed week-on-week higher, sustaining its bullish momentum from previous week.
The NGX All-Share Index (ASI) advanced by 0.92% w/w, to close at 141,845.34 points.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX Insurance, NGX-AFR Bank Value, NGX AFR Div Yield, NGX MERI Growth, and NGX MERI Value which depreciated by 1.04, 1.14, 2.57, 0.15, 4.67 , 3.66, 1.74, 0.80 and 3.73 respectively while the NGX AseM index closed flat.
Consequently, the year-to-date return improved to 37.81% from the 36.55% in the prior week, while market capitalisation appreciated by N822.25 billion w/w, settling at N89.74 trillion.
The positive sentiment was anchored on bargain hunting in select large-cap stocks such BUAFOODS (+6.73% w/w), GTCO (+1.08% w/w), and NB (+8.11% w/w), which outweighed selloffs in select banking counters including ZENITHBANK (-5.88% w/w), UBA (-9.24% w/w), ACCESSBANK (-3.36% w/w), and FIDELITYBK (-1.43% w/w).
Sectoral performance was mixed, led by gains in the Consumer Goods (+6.51% w/w), the Oil & Gas (+5.23% w/w), and the Industrial Goods (+1.19% w/w) indices.
However, the Banking (-0.93% w/w) and Insurance (2.34% w/w) indices closed the week in the red.
The market closed weaker in Friday’s session, as the NGX ASI and market capitalisation fell by 0.29%.
Despite the decline, market activity strengthened, with transaction volume and value rising by 33.87% and 79.73%, respectively.
UBA (-5.96%) dominated the trading session, recording 82.05mn units exchanged at a N3.55 billion worth of trades.
Market breadth closed negative at 0.26x, reflecting more decliners than gainers.
Forty equities appreciated in price during the week, lower than seventy equities in the previous week.
Forty-one equities depreciated in price, higher than twenty-two equities in the previous week, while sixty-six (66) equities remained unchanged, higher than fifty-five recorded in the previous week.
DEAPCAP (+9.94%) led the eleven (11) gainers, while LIVINGTRUST (-10.0%) topped the forty-two (42) laggards, with the remaining stocks closing flat.
Meanwhile, the NASD OTC Securities Index (NSI) and market capitalisation declined by 1.10% w/w, closing at 3,533.09 points and N2.11trn, respectively.
Similarly, the market closed lower today, dipping by 0.33%. However, market activity improved sharply, as transaction volume and value surged by 6,796.87% and 5,514.23%.
SDCSCSPLC (+1.20%) topped the market advancers, while SDFOODCPT (-10.85%) led the market decliners.
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