SAT DEC 13 2025-theGBJournal| Nigerian equities closed higher on Friday, after days being ravaged by sell-offs, and in the absence of any significant catalyst to drive market sentiment.
The benchmark All-Share index and Market Capitalization rose 1.63% and 1.64% to close the week at 149,433.26 and N95.264 trillion respectively.
All other indices finished higher with the exception of NGX Banking, NGX AFR Div. Yield, NGX MERI Growth, NGX MERI Value, NGX Oil and Gas, NGX Sovereign Bond, and NGX Commodity Indices which depreciated by 0.12%, 0.75%, 1.07%, 0.27% 0.13% 2.02% and 0.49% respectively.
Sector performance was broadly positive, as the Insurance (+3.4%), Consumer Goods (+1.1%), Banking (+0.4%), and Industrial Goods (+0.2%) indices all advancing, while the Oil & Gas (-0.1%) index was the sole loser for the week.
The year-to-date (YTD) return rose to 45.18% from 42.86% recorded in the prior session.
Forty-nine equities appreciated in price during the week, lower than fifty-five equities in the previous week. Forty-one equities depreciated in price, higher than twenty-nine equities in the previous week, while fifty-seven equities remained unchanged, lower than sixty-three recorded in the previous week.
Over the course of the week, strong performances in MTNN (+12.98% w/w), GTCO (+1.01% w/w) , and ZENITHBANK (+2.89% w/w) drove the market’s positive performance, outweighing losses in ACCESSCORP (-6.51% w/w), OANDO (-0.51% w/w), and UBA (-0.75% w/w).
Friday, the NGX closed 1.00% stronger, buoyed by interests in MTNN (+7.26%), GUINNESS (+10.00%), and NASCON (+8.17%) offset selloffs in EUNISELL (-9.89%), CHELLARAM (-9.90%) and ETRANZACT (-10.00%).
On market activity, trading volume declined by 33.9%, while trading value increased by 1.9% w/w.
ACCESSCORP (-0.50%) led the volume chart with 106.07m units traded, while TRANSPOWER (+0.00%) led the value chart in deals worth N13.13 billion.
Market breadth closed positive at a 1.20-to-1 ratio with advancing issues outnumbering the declining ones.
GUINNESS (+10.00%) topped twenty-nine (29) others on the leader’s table while ETRANZACT (-10.00%) led twenty-four (24) others on the laggard’s log.
Meanwhile, the NASD market closed Friday’s session on a bearish note, with the NASD Securities Index (NSI) and market capitalisation declining by 0.62%, to close at 3,600.43 points and N2.15 trillion respectively.
The market activity improved notably, with transaction volume and value rising by 6.21% and 265.06% respectively.
SDCSCSPLC (+6.37%) topped the market gainers while, SDGOLDEN (-11.11%) was the only the decliner in today’s session.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
