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The Nigerian Exchange (NGX) closed higher on Monday as strong buying interest in financial services and consumer stocks lifted the benchmark index, extending the market’s year-end rally.
The NGX All-Share Index (ASI) gained 0.55% to close at 154,389.53 points, while equity market capitalisation increased to ₦98.43 trillion.
Market Activity Overview
Trading activity was robust, supported by heavy volumes in large-cap banking stocks. A total of 1.47 billion shares valued at ₦35.54 billion were exchanged in 47,892 deals.
The bond market capitalisation stood at ₦51.43 trillion, while exchange-traded funds (ETFs) closed with a combined market value of ₦43.56 billion.
Top Gainers
Buying interest was strongest in financial, industrial, and consumer stocks:
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Austin Laz & Company Plc gained 10.00% to close at ₦3.52
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Ecobank Transnational Incorporated (ETI) advanced 10.00% to ₦41.80
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Eunisell Interlinked Plc rose 9.95% to ₦96.70
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Honeywell Flour Mills Plc added 9.86% to ₦19.50
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Guinness Nigeria Plc appreciated 9.82% to close at ₦349.90
Top Losers
Losses were recorded mainly in insurance, manufacturing, and fixed-income-linked instruments:
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FGS UK 2031 Series 4 declined 14.43% to ₦77.00
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International Energy Insurance Plc fell 10.00% to ₦2.34
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Meyer Plc dropped 9.92% to ₦11.80
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eTranzact International Plc shed 9.92% to ₦11.35
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Livestock Feeds Plc lost 9.60% to ₦5.65
Most Actively Traded Stocks (By Volume)
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Access Holdings Plc led trading with 594.38 million shares, valued at ₦12.36 billion
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Champion Breweries Plc followed with 122.09 million shares worth ₦1.84 billion
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FCMB Group Plc recorded 116.61 million shares, valued at ₦1.26 billion
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Japaul Gold & Ventures Plc traded 66.16 million shares worth ₦155.25 million
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First HoldCo Plc posted 51.53 million shares, valued at ₦2.57 billion
Bonds Market
The fixed-income segment closed flat, with major instruments ending unchanged:
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ABDB 2021 Series 1
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BUA 2027 Series 1
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Dangote 2032 Series 2
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FGN 2034 Series 2
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FGN 2036 Series 2
All listed bonds closed at par.
ETF Market Performance
ETFs recorded mixed movements during the session:
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Stanbic ETF 30 gained ₦72.10 to close at ₦801.11
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SIAML ETF 40 edged higher to ₦1,498.00
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Vetiva Banking ETF advanced to ₦14.30
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Vetiva Griffin 30 ETF closed at ₦59.10
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Green ETF closed flat at ₦350.00
Market Outlook
The continued rise in the benchmark index highlights sustained investor confidence as year-end portfolio positioning intensifies. Strong participation in banking and consumer stocks suggests liquidity remains supportive, though selective profit-taking may emerge as trading activity winds down ahead of the new year.
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