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Nigerian stocks higher at close, sectoral performance mixed with losses recorded in the Banking and Oil & Gas indices

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WED OCT 08 2025-theGBJournal| The local bourse extended its positive momentum on Tuesday, as the NGX All Share Index (ASI) rose by 0.12%, to close at 144,995.26 points.

The year-to-date return inched up to 40.87% from the 40.71% in the previous session, while market capitalisation added N109.48 billion, settling at N92.03 trillion.

The market performance was spurred by buying interest in MTNN (+2.27%), DANGCEM (+0.93%), WAPCO (+1.98%), and TRANSCORP (+1.02%), which offset profit taking in GTCO (-4.04%), FIDELITYBK (-4.30%), ARADEL (-1.59%) and OANDO (-3.72%).

Sectoral performance was mixed, with losses recorded in the Banking (-1.33%) and Oil & Gas (-0.87%) indices. Conversely, the Insurance (+1.98%), Industrial Goods (+0.69%) and Consumer Goods (+0.26%) indices closed in the green.

Market activity was mixed, as transaction volume declined by 2.41% while the transaction value rose by 66.96%.

ACCESSCORP (+0.00%) led the volume chart with 45.86mn units, while ARADEL (-1.59%) led the value chart with N13.16bn worth of trades.

Market breadth closed positive at 1.12x, indicating more gainers than decliners.

CORNEST (+9.92%) led the thirty-eight (38) gainers, while LIVINGTRUST (-10.00%) led the thirty-four (34) laggards, with remaining stocks closing flat.

The NASD market sustained its positive rally from the previous session, as the NASD OTC Securities Index (NSI) and market capitalisation rose by 0.04%, closing at 3,474.33 points and N2.08trn, respectively.

Market activity was mixed, as transaction volume declined 90.67% and value surged by 319.17%.

SD11PLC (+9.09%) topped the market gainers, while SDCSCSPLC (-1.68%) led the decliners in Tuesday’s session.

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