Stock Market Extends Bullish Performance As Investors Gain N190bn in One Day
- Latest data shows that the Nigerian stock market is set to record straight gains throughout the week after another positive day on Thursday
- Thursday’s performance was driven by buying interest in Cileasing, Guinness Nigeria, Livingtrust Mortgage Bank, and Etranzact
- On the advancers’ side, Guinness Nigeria, Cileasing, and Livingtrust Mortgage Bank led the gainers’ table
The Nigerian equities market closed bullish on Thursday, September 11 recording N190 billion in gains for investors.
At the close of trading, the market capitalisation, which opened at N88.813 trillion, rose by 0.21% to settle at N89.003 trillion.
Similarly, the All-Share Index (ASI) rose by 300.49 points or 0.21% to close at 140,665.85 points compared with 140,365.36 points recorded on Wednesday.
Source: Getty Images
Market acctivity
Investors exchanged 378.2 million shares worth N12.4 billion in 22,935 deals, down from 767.7 million shares valued at N40.64 billion in 24,837 deals on Wednesday.
The market breadth was positive, with 41 stocks advancing, 12 stocks declining, and the rest remaining unchanged.
Top Gainers
- Guinness Nigeria Plc gained N13.00, rising from N130.00 to N143.00 per share (+10.00%).
- Cileasing Plc gained N0.60, moving from N6.00 to N6.60 per share (+10.00%).
- Livingtrust Mortgage Bank Plc gained N0.42, increasing from N4.20 to N4.62 per share (+10.00%).
- Etranzact Plc gained N1.20, climbing from N12.40 to N13.60 per share (+9.68%).
- Regency Alliance Insurance Plc gained N0.13, moving from N1.38 to N1.51 per share (+9.42%).
Top losers
- NEM Insurance Plc declined by N3.10, falling from N31.20 to N28.10 per share (−9.94%).
- AXA Mansard Insurance Plc dropped N0.80, decreasing from N16.79 to N15.99 per share (−4.76%).
- Computer Warehouse Group Plc fell by N0.80, declining from N17.00 to N16.20 per share (−4.71%).
- Ellah Lakes Plc dipped by N0.60, dropping from N14.00 to N13.40 per share (−4.29%).
- Consolidated Hallmark Holdings Plc shed N0.18, moving from N4.21 to N4.03 per share (−4.28%).
Source: Getty Images
Most active trades
- Ja Paul Gold Plc recorded a turnover of 42.05 million shares worth N111.86 million.
- Zenith Bank Plc traded 27.91 million shares valued at N1.87 billion.
- United Bank for Africa Plc exchanged 27.27 million shares worth N1.30 billion.
- Access Corporation Plc recorded 25.32 million shares valued at N669.10 million.
- Nigerian Breweries Plc traded 18.51 million shares worth N1.30 billion.
Naira hit 7-month high
Earlier, Legit.ng reported that naira's strong performance in the official and unofficial foreign exchange markets continued on Wednesday, September 10, 2025.
In the official market, the Central Bank of Nigeria's latest data showed that at the Nigerian Foreign Exchange Market (NFEM), the naira gained 0.33% to close at N1,501.29 per dollar.
The CBN is preparing to hold its next Monetary Policy Meeting, where it will likely make further decisions to solidify the naira’s recovery
Source: Legit.ng
