NGX Records N1.76trn Highest Daily Gain in 2025

The Nigerian Exchange Limited (NGX) posted its highest daily gain so far this year, with the market soaring by N1.76tn on Thursday, driven by a rally in banking and insurance stocks.

At the close of trading, the All-Share Index rose by 2.01 per cent or 2,457.13 points, to settle at 124,446.80 points, while the market capitalisation surged to N78.5tn. This marked a 2.87 per cent weekly gain, an 8.54 per cent monthly gain, and a 20.91 per cent year-to-date return.

A total of 1.28bn shares valued at N27.73bn were exchanged in 27,875 deals, reflecting a 44 per cent improvement in volume, a 78 per cent increase in turnover, and a 15 per cent rise in the number of deals compared to the previous trading session.

Out of the 130 listed equities that participated in the session, 70 gained while 10 declined. United Bank for Africa led the gainers’ chart with a 10 per cent increase to close at N39.60 per share, followed by Caverton Offshore Support Group, FTN Cocoa Processors, Haldane McCall Plc, UPDC Plc, and Consolidated Hallmark Holdings Plc, all appreciating by 10 per cent.

On the losers’ table, Neimeth International Pharmaceuticals Plc topped with a 9.91 per cent decline to close at N9.00, followed by Legend Internet Technologies Plc, Industrial and Medical Gases Nigeria Plc, Cadbury Nigeria Plc, Livestock Feeds Plc, and Lasaco Assurance Plc.

Access Holdings Plc recorded the highest volume of traded shares at 174.2m units valued at N3.99bn. Other top volume movers included Aiico Insurance Plc with 82 million shares, Japaul Gold and Ventures Plc with 74 million, United Bank for Africa Plc with 64.5 million, and FCMB Group Plc with 63.3 million.

In terms of value, Nigerian Breweries Plc followed Access Holdings with N3.87bn worth of trades. At the same time, United Bank for Africa Plc, Zenith Bank Plc, and Guaranty Trust Holding Company Plc also featured prominently.

Sectoral indices also showed positive performance. The NGX Premium Index advanced by 4.43 per cent, the Insurance Index rose by 3.96 per cent, the Banking Index gained 3.86 per cent, the Pension Index climbed 3.04 per cent and the Consumer Goods Index added 1.15 per cent.

Economic Confidential reported that the Nigerian Exchange Limited extended its bullish run on Wednesday, as investors recorded a gain of N212bn, following renewed buy interest in highly capitalised stocks across key sectors of the market.