…As they pouch N1.2trn past week
By Peter Egwuatu
The Nigerian banal marketplace has recorded a monolithic bull’s tally successful the archetypal 3 trading days of the past 4th 2025.
Combined with bullish trading successful the past time of the 3rd quarter, the investors raked successful astir N1.17 trillion successful 4 trading days past week connected the Nigerian Exchange Limited, NGX, arsenic marketplace capitalisation, which measures the full worth of equities connected the Exchange, closed astatine N91.135 trillion up from N89.960 trillion the erstwhile week.
Similarly, different large banal marketplace gauge, NGX All Share Index, ASI went up by 1.02% to adjacent astatine 143,584.04 points from 142,133.03 points the erstwhile week. The affirmative question was buoyed by gains recorded successful BUA Cement, which garnered 5.4%, MTN 1.2%, GTCO 3.1%, Transcorp 3.1%, Transport 3.4%, and Aradel 16.1%.
Consequently, the Month-to-Date, MtD and Year-to-Date returns settled astatine 0.6% and 39.5%, respectively.
Trading activities were mixed, with trading measurement expanding by 9.4% Week connected Week, W/W, portion trading worth declined by 76.6% W/W.
Sector show was besides mixed arsenic the Oil & Gas Index gained 5.7%, Industrial Goods Index 1.7%, Banking Index 1.2%, and Consumer Goods Index 0.1%, portion the Insurance Index nosedived by -2.0%.
Commenting connected marketplace show and outlook, analysts astatine Cordros said: “ This week, we expect investors to commercialized cautiously successful the lack of wide catalysts to thrust marketplace performance. However, we bash not regularisation retired reactions to assemblage and company-specific developments, which could power the market’s direction”.
Comment arsenic well, analysts astatine InvestData Consulting Limited, stated: “ Position taking and portfolio rebalancing connected the Exchange continued up of the Q3 net reporting season. Buying interests crossed immoderate large sectors of the marketplace and into fundamentally dependable stocks arsenic bargain hunters continued to currency successful connected the existent betterment successful mentation of expected historical determination successful this period and past 4th of 2025 arsenic the federation system remains connected the way of maturation and unchangeable recovery”. On marketplace outlook, the analysts added: “We expect mixed sentiment to proceed connected bargain hunting and portfolio repositioning up of Q3 firm net reports successful the look of assemblage rotation, with each eyes are connected the user terms scale for the period of September, arsenic Stanbic IBTC reports connected Purchasing Managers Index, PMI, revealed summation successful output arsenic outgo unit eases.”
The station Equity investors presumption for further windfall appeared archetypal connected Vanguard News.

1 month ago
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