The Nigerian equities market closed on a bullish note, with the benchmark All-Share Index (ASI) advancing 1.24%, lifting its year-to-date (YTD) return to 52.35%.
Market activity weakened during the session, as total trading volume decreased by 8.57% to 492.49 million shares, while the value of transactions declined by 27.52% to ₦28.13 billion.
Market breadth was positive, with 44 gainers outperforming 15 decliners, indicating broad-based buying interest across the market.
Sectoral performance was largely positive, with most sectoral indices closing in the green.
The Industrial Index emerged as the best-performing sector, gaining 3.36%. Meanwhile, ZENITHBANK led market activity, recording the highest trading volume of 94.29 million shares and the highest traded value of ₦9,910.72 billion.
On the gainers’ chart, ZICHIS and CADBURY posted the strongest price appreciation, while CMFC and FTGINSURE topped the losers’ table.