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Positive momentum as NGX All-Share climbs 0.4%, Naira falls back against the US$

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WED SEPT 17 2025-theGBJournal| The Nigerian equities market turned green on Wednesday as market sentiment changed to positive after two days of bearish run.

The bullish sentiments was reflected in the demand for ARADEL (+7.0%), DANGCEM (+1.0%) and FIRSTHOLDCO (+5.0%) stocks.

The All-Share Index consequently rose higher by 0.4% to 142,036.23 points.

Thus, the Month-to-Date and Year-to-Date returns settled at +0.1% and +38.0%, respectively.

The total volume of trades advanced by 142.1% to 1.00 billion units, valued at NGN24.66 billion, and exchanged in 23,281 deals.

ABBEYBDS was the most traded stock by volume at 410.07 million units, while ARADEL was the most traded stock by value at N6.88 billion.

Sectoral performance was mixed as the Oil &Gas (+2.6%), Consumer Goods (+1.0%), and Industrial Goods (+0.1%) Indices advanced, while the Insurance (-1.6%) and Banking (-0.2%) indices declined.

As measured by market breadth, market sentiment was negative (0.8x), as 25 tickers gained relative to 31 losers. CHELLARAM (+9.8%) and AUSTINLAZ (+9.7%) led the gainers, while GUINEAINS (-9.7%) and CORNERST (-8.7%) led the laggards.

Meanwhile, the Naira fell back against the green back at the official foreign exchange market, depreciating by 1.0% to N1,498.50/USD after a period of steady bounce.

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