Nigerian Exchange recorded a gain of N155bn as the All Share Index rose by 0.25 per cent, as the equity market began 2025 on positive note.
The index closed at 103,180.14 points, up from 102,926.40, marking year-to-date, month-to-date, and week-to-date gains of 0.25 per cent, 0.25 per cent, and 1.02 per cent, respectively.
Market capitalisation also increased to N62.918tn, resulting in an aggregate of 829.75m unit shares traded in 11,752 deals valued at N5.67bn.
The market breadth was positive, with 58 equities recording gains against 8 decliners.
Leading the gainers, National Cash Register, RT Briscoe, Cutix, International Energy Insurance plc, and Mansard all appreciated by 10.00 per cent, closing at N5.50, N2.75, N2.53, N1.87, and N9.02, respectively.
On the decliners’ list, Ellah Lakes led with a 4.75 per cent drop to close at N3.01, followed by NASCON and CWG, which fell by 4.31 per cent and 3.25 per cent to close at N30.00 and N7.45, respectively.
In terms of trading volume, Royal Exchange led the pack with 290.99m shares worth N318.64m, followed by Chams with 63.68m shares and AIICO with 58.60m shares.
For value traded, Zenith Bank dominated with trades worth N680.67m, while Access Corporation and UBA followed, recording N430.78m and N415.66m in value traded, respectively.
Additionally, sub-indices also posted performances, with the Insurance Index leading the way, rising by 9.5 per cent year-to-date and 22.23 per cent for the week. The Main Board Index increased by 0.3 per cent year-to-date and 1.51 per cent for the week. The Consumer Goods Index gained 0.16 per cent year-to-date and 2.27 per cent for the week.
Although the Banking Index saw a one-week decline of 0.68 per cent, it still closed 0.27 per cent higher year-to-date.
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