On Friday, the Nigerian stock market roared back to life with investors trading a whopping 1.826 billion shares worth N20.03 billion across more than 20,000 deals—way up from Thursday’s 324.6 million shares worth N13.05 billion. This big jump reflects fresh confidence and widespread strength in the market.
Access Corporation
led the activity, trading over 103 million shares valued at N2.17 billion. The market gained N179 billion in value, pushing market capitalization up 0.20% to N91.286 trillion. The All-Share Index climbed 281 points to close at 143,520.53.
Top gainers included Ikeja Hotel (up 10% to N30.25), NGX Group (up 9.98% to N56.20), Academy Press, Omatek Ventures, and Cadbury—all posting solid double-digit gains. On the flip side, Abbey Mortgage Bank and Meyer led the decliners, each dropping nearly 10%, along with Sunu Assurances, Sovereign Trust Insurance, and Linkage Assurance.
The year-to-date return stands strong at 39.44%, with 33 stocks gaining and 21 losing, signaling a lively and optimistic market mood for investors.
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