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NGX All-Share Index crosses the 200,000-point mark as Nigeria’s stock market rally strengthens.
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Market capitalisation climbs by ₦1.969 trillion, pushing total value to ₦129.33 trillion.
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Gains driven by major stocks including BUA Cement, MTN Nigeria, Dangote Cement, and Zenith Bank.
Nigeria’s stock market began the week on a strong bullish note as the NGX All-Share Index surged past the historic 200,000-point threshold, reflecting sustained investor confidence and widespread gains across major sectors.
At the close of trading, the benchmark index rose by 3,067.59 points, representing a 1.55 per cent increase to settle at 201,474.89 points. Market capitalisation also expanded significantly, rising by ₦1.969 trillion to reach ₦129.33 trillion.
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The market rally was largely supported by strong performance in medium and large-capitalised stocks, including BUA Cement, MTN Nigeria, Dangote Cement, Zenith Bank, and the Nigerian Exchange Group.
READ ALSO: Dangote Refinery Taps Stanbic IBTC, Vetiva, and First Capital for Historic NGX Listing
Reacting to the milestone, the Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group, Temi Popoola, said the development reflects increasing confidence in Nigeria’s capital market.
He noted that ongoing economic reforms, stronger corporate fundamentals and rising participation by local investors are helping position the market as a key driver of long-term wealth creation and sustainable economic growth.
Similarly, the Chief Executive Officer of Nigerian Exchange Limited, Jude Chiemeka, attributed the new record to sustained demand and growing market participation across sectors. He added that the exchange remains committed to improving trading infrastructure, boosting liquidity and strengthening price discovery mechanisms.
Market activity closed on a positive note, with 38 stocks recording gains compared to 31 decliners. BUA Cement led the gainers, rising by 10 per cent to close at ₦297 per share. Other notable gainers included Premier Paints, John Holt Plc, Guinea Insurance, and Fortis Global Insurance.
On the losing side, VFD Group topped the losers’ chart after shedding 10 per cent to close at ₦11.25 per share. Other stocks that declined included Royal Exchange Plc, Omatek Ventures Plc, Sovereign Trust Insurance Plc, and Regency Alliance Insurance Plc.
Trading activity also strengthened significantly during the session. Total transaction volume surged by 60.43 per cent to 948.21 million shares, valued at ₦49.17 billion, across 72,735 deals.
Shares of Sovereign Trust Insurance Plc recorded the highest trading volume with 72.56 million units, followed by Access Holdings, First HoldCo Plc, Zenith Bank, and Nigerian Breweries, reflecting strong investor interest across the market.
