The Nigerian Exchange (NGX) extended its bullish run through the Christmas week, with equities recording steady gains across three consecutive trading sessions between Monday, December 22, and Wednesday, December 24, 2025, reflecting sustained investor confidence ahead of the holiday break, news.ng reports.
On Monday, December 22, total equity market capitalisation rose by 0.26 per cent to close at ₦97.19 trillion, while the All-Share Index (ASI) advanced by the same margin to 152,459.07 points, according to NGX data.
Trading sentiment was mixed across asset classes, as the fixed income market capitalisation dipped by 0.05 per cent to ₦51.54 trillion, while the ETPs market capitalisation surged by 2.99 per cent to ₦44.31 billion.
Top gainers for the session included Aluminium Extrusion Industries Plc (+9.72%), IEI (+9.69%), MCGREGOR (+9.64%), Royal Exchange (+9.60%), and FTN Cocoa Processors (+9.50%).
The bullish momentum continued on Tuesday, December 23, with the equity market capitalisation climbing by 0.60 per cent to ₦97.77 trillion, its strongest daily gain in the three-day period. The ASI rose by 0.59 per cent to 153,354.14 points. The fixed income segment posted a marginal increase of 0.05 per cent to ₦51.55 trillion, while the ETPs market capitalisation declined slightly by 0.03 per cent to ₦42.77 billion.
Leading the gainers’ chart were Aluminium Extrusion Industries Plc (+9.96%), FTN Cocoa Processors (+9.81%), Custodian Investment Plc (+9.69%), FirstHoldCo (+9.35%), and ETI (+8.74%).
On Wednesday, December 24, the final trading session before Christmas, the market maintained its positive tone, albeit at a slower pace. Equity market capitalisation increased by 0.12 per cent to ₦97.89 trillion, while the ASI added 0.12 per cent to close again at 153,354.14 points.
The fixed income market remained flat at ₦51.55 trillion, recording 0.00 per cent change, while the ETPs market capitalisation rebounded by 1.01 per cent to ₦43.20 billion.
Top gainers included Guinness Nigeria Plc (+9.98%), FTN Cocoa Processors (+9.97%), International Breweries Plc (+9.85%), Transcorp Hotels (+9.83%), and Aluminium Extrusion Industries Plc (+9.73%).
Overall, the three-day performance underscores a resilient equities market during the festive period, driven largely by strong buying interest in mid- and large-cap stocks, while activity in the fixed income and ETPs segments remained relatively subdued.
