The Nigerian Exchange kicked off the trading week on a bullish note as investors gained approximately ₦462 billion.
This upward trajectory reflects strategic positioning by market participants in both growth and value stocks as anticipation builds for the release of first-quarter earnings reports.
Positive sentiment dominated the bourse, pushing the primary performance indicators up by 0.35%. Specifically, the All-Share Index climbed to 204,487.85 points, while the total market capitalization strengthened to ₦131.62 trillion.
This growth was largely driven by sustained buying interest in influential medium and large-cap equities across several key sectors, with Zenith Bank, Guinness Nigeria, and NGX Group among the notable stocks attracting investor attention.
Trading activity during the session presented a mixed picture, as the total volume of shares traded dipped by 14.33% even as the overall value of those transactions rose by 3.15%. In total, market participants exchanged 470.01 million units worth ₦32.45 billion across more than 60,000 separate deals.
Access Holdings emerged as the volume leader, contributing nearly 12% of the day’s total units, while Aradel dominated the value chart, accounting for almost 22% of the total financial turnover.
The gainers’ table was led by NGX Group, which secured a maximum 10% price increase, followed closely by strong performances from Trans-Nationwide Express, McNichols, and VFD Group.
Although 23 stocks experienced price declines led by Berger Paints and Academy Press, the market breadth remained positive with 32 advancing equities.
Sectoral results further highlighted the optimistic mood, with the Consumer Goods, Insurance, and Banking indexes all finishing in the green, comfortably offsetting marginal retreats in the Oil & Gas and Industrial sectors.