The Nigerian stock market sustained its bullish run on Tuesday, with investors recording a gain of N884 billion.
Market capitalization rose by 0.67 percent, climbing from N131.608 trillion to N132.492 trillion.
Similarly, the All-Share Index advanced by 1,372.52 points, or 0.67 percent, to close at 205,831.38, up from 204,458.86 recorded in the previous session.
As a result, the year-to-date return increased to 32.27 percent, while market breadth closed positive with 42 gainers against 21 losers.
On the gainers’ chart, Stanbic IBTC and Ecobank Transnational Corporation led with a 10 percent appreciation each, closing at N161.70 and N50.60 per share, respectively. NGX Group followed with a 9.97 per cent gain to settle at N168.75, while Cornerstone Insurance rose by 9.94 per cent to N5.64. Also, Mecure Industries advanced by 9.92 percent to close at N67.60 per share.
Business
Nigerian stock market extends rally as investors record N884bn gain
Published
on April 15, 2026
By Ogaga Ariemu
The Nigerian stock market sustained its bullish run on Tuesday, with investors recording a gain of N884 billion.
Market capitalization rose by 0.67 percent, climbing from N131.608 trillion to N132.492 trillion.
Similarly, the All-Share Index advanced by 1,372.52 points, or 0.67 percent, to close at 205,831.38, up from 204,458.86 recorded in the previous session.
As a result, the year-to-date return increased to 32.27 percent, while market breadth closed positive with 42 gainers against 21 losers.
On the gainers’ chart, Stanbic IBTC and Ecobank Transnational Corporation led with a 10 percent appreciation each, closing at N161.70 and N50.60 per share, respectively. NGX Group followed with a 9.97 per cent gain to settle at N168.75, while Cornerstone Insurance rose by 9.94 per cent to N5.64. Also, Mecure Industries advanced by 9.92 percent to close at N67.60 per share.
On the flip side, Fortis Global Insurance topped the losers’ table, shedding 8.20 percent to close at N1.12. McNichols Plc declined by 8.17 per cent to N6.52, while Academy Press dropped by 6.96 per cent to N7.35 per share. International Energy Insurance lost 6.88 per cent to close at N3.25, and Guinea Insurance fell by 5.83 per cent to N1.13 per share.
Analysis of trading activity showed a 21 per cent increase in volume, alongside a 0.62 per cent decline in value and a 25 per cent drop in the number of deals.
A total of 569.3 million shares worth N32.25 billion were traded in 45,777 transactions, compared to 470.01 million shares valued at N32.45 billion exchanged in 60,793 deals on Monday.
Business
Nigerian stock market extends rally as investors record N884bn gain
Published
on April 15, 2026
By Ogaga Ariemu
The Nigerian stock market sustained its bullish run on Tuesday, with investors recording a gain of N884 billion.
Market capitalization rose by 0.67 percent, climbing from N131.608 trillion to N132.492 trillion.
Similarly, the All-Share Index advanced by 1,372.52 points, or 0.67 percent, to close at 205,831.38, up from 204,458.86 recorded in the previous session.
As a result, the year-to-date return increased to 32.27 percent, while market breadth closed positive with 42 gainers against 21 losers.
On the gainers’ chart, Stanbic IBTC and Ecobank Transnational Corporation led with a 10 percent appreciation each, closing at N161.70 and N50.60 per share, respectively. NGX Group followed with a 9.97 per cent gain to settle at N168.75, while Cornerstone Insurance rose by 9.94 per cent to N5.64. Also, Mecure Industries advanced by 9.92 percent to close at N67.60 per share.
On the flip side, Fortis Global Insurance topped the losers’ table, shedding 8.20 percent to close at N1.12. McNichols Plc declined by 8.17 per cent to N6.52, while Academy Press dropped by 6.96 per cent to N7.35 per share. International Energy Insurance lost 6.88 per cent to close at N3.25, and Guinea Insurance fell by 5.83 per cent to N1.13 per share.
Analysis of trading activity showed a 21 per cent increase in volume, alongside a 0.62 per cent decline in value and a 25 per cent drop in the number of deals.
A total of 569.3 million shares worth N32.25 billion were traded in 45,777 transactions, compared to 470.01 million shares valued at N32.45 billion exchanged in 60,793 deals on Monday.
Meanwhile, Access Corporation led the activity chart by volume with 67.53 million shares worth N1.75 billion.
Zenith Bank followed with 39.74 million shares valued at N4.5 billion, while VFD Group traded 37.61 million shares worth N422.99 million.
Guaranty Trust Holding Company recorded 30.57 million shares valued at N3.79 billion, and Lasaco Assurance traded 26.31 million shares worth N52.61 million.