In a historic trading session, the Nigerian equities market surged past the ₦150 trillion market capitalization threshold, driven by aggressive buying in blue-chip and mid-cap stocks. The market gained a staggering ₦5.554 trillion in a single day, reflecting renewed investor confidence as the full-year dividend season approaches.
The All-Share Index (ASI) climbed by 3.77%, closing at a record 237,205.59 points, while the overall market value settled at ₦152.728 trillion.
Market Drivers and Performance
The bullish momentum was largely fueled by price gains in high-value tickers across the telecommunications, energy, and industrial sectors.
Key Gainers:
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Industrial & Telecom Giants: Market heavyweights including Airtel Africa, Dangote Cement, MTN Nigeria, and Aradel Holdings spearheaded the rally.
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Top Percentile Winners: Airtel Africa, CAP, UACN, and Zichis Agro Allied all hit the maximum daily gain limit of 10%.
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Banking Sentiment: Jaiz Bank (+9.99%) and PZ Cussons (+9.96%) also saw significant appreciation.
The Decliners:
Despite the overall positive trend, 42 stocks lost value. Cadbury Nigeria and John Holt led the laggards, both shedding 10%, followed by eTranzact International (-9.97%).
Trading Activity and Liquidity
Investors showed high appetite for volume, with total units traded rising by nearly 39%.
| Metric | Value | Change |
| Market Capitalization | ₦152.728 Trillion | +₦5.554 Trillion |
| All-Share Index (ASI) | 237,205.59 | +3.77% |
| Trade Volume | 1.334 Million Units | +38.96% |
| Trade Value | ₦69.089 Billion | — |
| Total Deals | 83,445 | — |
Activity Leaders:
The banking sector dominated the liquidity chart. Access Holdings led in volume with 242.2 million shares, while UBA recorded the highest value of transactions at ₦6.462 billion. Other highly traded stocks included Zenith Bank, Wema Bank, and Lasaco Assurance.
