WED AUG 06 2025-theGBJournal| Nigerian stocks rose on Wednesday, thanks to jump in BUACEMENT, TRANSCOHOT and OANDO, as investors analyse the latest batch of corporate earnings.
The All-Share Index to rose by 0.7% to 145,813.86 points. Market capitalization rose along, to N92.25 trillion.
The Month-to-Date and Year-to-Date returns settled higher at +4.3% and +41.7%, respectively.
The total volume of trades advanced by 162.5% to 2.70 billion units, valued at NGN32.63 billion, and exchanged in 35,137 deals.
LINKASSURE was the most traded stock by volume at 562.32 million units, while ZENITHBANK was the most traded stock by value at NGN4.55 billion.
Sectoral performance was mixed as the Insurance (+9.9%), Industrial Goods (+2.9%), and Oil & Gas (+1.0%) indices closed higher, while the Consumer Goods (-0.4%) and Banking (-0.4%) indices declined.
As measured by market breadth, market sentiment was positive (2.0x), as 51 tickers gained relative to 25 losers.
SCOA (+10.0%) and NEM (+10.0%) led the gainers, while NGXGROUP (-10.0%) and UACN (-10.0%) recorded the most significant losses of the day.
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