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Nigerian stocks close higher for the fifth consecutive session

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Stock traders on NGX trading floor
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…The NASD OTC Securities Index (NSI) and market capitalisation declined by 0.57%, closing at 3,450.00 points and N2.06 trillion, respectively.

THUR OCT 02 2025-theGBJournal| Nigerian stocks closed higher on Thursday, building on positive momentum from the five previous sessions.

Buying interests were seen in select large and mid-cap stocks including, GTCO (+2.13%), MTNN (+0.47%), PZ (+10.00%), and NB (+1.71%) and ARADEL (+0.1%).

That drove the All-Share Index higher by 0.2% to 142,979.45 points and market capitalization up by N170.71 billion to N90.75 trillion

The Month-to-Date and Year-to-Date returns settled at +0.2% and +38.9%, respectively.

The total volume traded advanced by 402.5% to 6.23 billion units, valued at NGN54.45 billion and exchanged in 32,682 deals.

CORNERST was the most traded stock by volume and value at 5.45 billion units and N25.06 billion, respectively.

Sectoral performance was broadly positive as the Insurance (+0.4%), Consumer Goods (+0.4%), Banking (+0.2%) and Oil & Gas (+0.1%) indices advanced, while the Industrial Goods index remained unchanged.

As measured by market breadth, market sentiment was positive (1.4x), as 34 tickers gained relative to 25 losers. PZ (+10.0%) and ETERNA (+9.9%) led the gainers, while RTBRISCOE (-9.9%) and THOMASWY (-9.8%) recorded the most significant losses of the day.

Meanwhile, the NASD OTC Securities Index (NSI) and market capitalisation declined by 0.57%, closing at 3,450.00 points and N2.06 trillion, respectively.

Market activity was mixed, as transaction volume surged by 944.55%, while value of trades contracted by 80.95%.

SDMIXREAL (+9.13%) topped the market gainers, whereas SDCSCSPLC (-9.66%) led the decliners in today’s session.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

 

 

 

 

 

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