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The Nigerian Exchange (NGX) closed higher on Thursday as strong buying interest in consumer goods and select mid-cap stocks pushed the benchmark index above the 150,000-point threshold.
The NGX All-Share Index (ASI) advanced by 0.35% to close at 150,363.05 points amid sustained investor appetite despite mixed sectoral performances. Equity market capitalization increased to ₦95.86 trillion at the close of trading.
Market Activity Overview
A total of 839.77 million shares valued at ₦32.81 billion were traded across 23,211 deals, indicating moderate participation compared with the previous session.
Bond market capitalization closed at ₦51.56 trillion, while exchange-traded funds (ETFs) ended the session with a total market value of ₦43.72 billion.
Top Gainers
Consumer goods stocks led the gainers’ table, supported by renewed accumulation:
Nestlé Nigeria Plc surged 10.00% to close at ₦1,958.00.
Guinness Nigeria Plc gained 9.98% to ₦289.70.
Alexis Plc advanced 9.76% to ₦11.25.
Daar Communications Plc rose 9.20% to ₦0.95.
Mecure Industries Plc appreciated 9.13% to close at ₦55.00.
Top Losers
Losses were recorded across ETFs, banking, and insurance stocks:
Lotus Halal Equity ETF 15 declined 10.00% to ₦81.00.
Stanbic IBTC Holdings Plc dropped 9.33% to ₦95.20.
Lasaco Assurance Plc fell 9.09% to ₦2.50.
Afriprudential Plc shed 8.82% to ₦12.40.
Austin Laz & Company Plc declined 8.33% to ₦2.20.
Most Actively Traded Stocks (By Volume)
First HoldCo Plc led trading with 385.62 million shares exchanged, valued at ₦15.54 billion.
FCMB Group Plc followed with 76.00 million shares worth ₦805.33 million.
Lasaco Assurance Plc traded 43.57 million shares, valued at ₦111.81 million.
Access Holdings Plc recorded 29.60 million shares worth ₦616.83 million.
Chams Holding Company Plc posted 24.80 million shares, valued at ₦75.41 million.
Bonds Market
Trading in the fixed-income segment remained flat, with major instruments closing unchanged:
FGN 2027, 2028, and 2029 bonds closed at ₦100.00.
IAO 2026 Series 1 settled at ₦97.29.
NMR 2030 Series 1 closed at ₦100.00.
ETF Market Performance
ETFs recorded mixed performance, led by strong gains in select instruments:
SIAML ETF 40 rose by ₦112.74 to close at ₦1,240.21.
Stanbic ETF 30 gained ₦83.66 to settle at ₦920.70.
Vetiva Banking ETF edged up to ₦14.20.
Green ETF and Vetiva Industrial ETF closed flat.
Market Outlook
The breakout above the 150,000-point level highlights continued investor confidence, particularly in fundamentally strong consumer goods stocks. While losses in banking and insurance names tempered broader gains, selective accumulation and year-end portfolio adjustments are expected to continue shaping market direction.
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