The Nigerian Stock Exchange (NGX) ended Tuesday’s trading session on a positive note, buoyed by increased investor activity and broad-based gains across key market indices, news.ng reports.
At the close of trading, a total of 677,432,322 shares were exchanged in 27,576 deals, with a combined market value of ₦20.78 billion.
Compared with the previous trading session on Monday, December 22, trading volume rose by 50 per cent, while turnover improved by 60 per cent, despite a 17 per cent decline in the number of deals. The overall market capitalisation stood at ₦97.8 trillion, reflecting sustained investor confidence.
In terms of market breadth, 128 listed equities participated in trading, with 29 stocks recording gains against 27 losers, indicating a moderately positive sentiment. Aluminium Extrusion Industries topped the gainers’ chart, appreciating by 9.96 per cent to close at ₦14.90 per share. It was followed by Austin Laz & Company (+9.81%), Custodian & Allied (+9.69%), and First HoldCo (+9.35%).
On the flip side, Royal Exchange led the losers after shedding 7.22 per cent to close at ₦1.80 per share. Other notable decliners included Champion Breweries (-6.57%), National Salt Company (-5.36%), and Sovereign Trust Insurance (-5.28%).
In terms of trading volume, VFD Group recorded the highest activity, with 192 million shares exchanged. It was followed by Guaranty Trust Holding Company with 63.4 million shares, Access Holdings with 49.8 million shares, and First HoldCo with 45.8 million shares.
Meanwhile, performance across NGX market indices remained largely upbeat. The benchmark NGX All-Share Index (ASI) advanced by 895.07 points, or 0.59 per cent, to close at 153,354.14 points. This performance translates to a one-week gain of 2.61 per cent, a four-week gain of 6.67 per cent, and a robust year-to-date return of 48.99 per cent.
Other indices also closed in positive territory. The NGX Top 30 Index gained 0.6 per cent, with a 46.76 per cent year-to-date increase. The NGX Consumer Goods Index rose by 1.3 per cent, maintaining its strong momentum with a 119.12 per cent year-to-date gain.
The NGX Banking Index climbed 1.23 per cent, while the NGX Premium, Pension, and Main Board indices recorded gains of 0.61 per cent, 0.57 per cent, and 0.54 per cent, respectively.
