The Nigerian stock market commenced 2025 on a robust note, with investors gaining approximately ₦1.1 trillion in the first full trading week.
Key Highlights:
- Market Capitalisation: Increased from ₦63.166 trillion to ₦64.303 trillion, reflecting a gain of ₦1.137 trillion.
- All-Share Index (ASI): Rose by 1.80%, closing at 105,451.06 points, up from 103,586.33 points at the beginning of the week.
- Trading Volume and Value: A total of 4.698 billion shares worth ₦85.043 billion were traded in 72,562 deals, marking significant increases from the previous week’s 2.618 billion shares valued at ₦69.742 billion in 47,953 deals.
- Sector Performance: The Financial Services Industry led in trading volume, accounting for 73.86% of total equity turnover, followed by the Services and ICT industries.
- Top Traded Equities: Wema Bank Plc, FBN Holdings Plc, and Universal Insurance Plc were the most traded, contributing 35.74% to the total equity turnover volume.
Analysts’ Insights:
The market’s bullish trend is attributed to increased investor confidence, anticipation of corporate earnings releases, and strategic positioning in blue-chip stocks across various sectors, particularly banking, telecommunications, and industrial goods.
Despite challenges such as high interest rates and external economic pressures, the Nigerian capital market demonstrates resilience, with projections indicating sustained growth and increased participation from both local and foreign investors.
