The Nigerian Exchange Limited recorded a significant increase in value in 2025, with total market capitalisation rising by N36.46tn year-to-date, reflecting sustained investor confidence and renewed interest in equities.

At the beginning of the year, trading on Thursday, 2 January 2025, opened with a market capitalisation of N62.92tn and an All-Share Index of 103,180.14 points. By the end of February, on Friday, 28 February 2025, the market capitalisation had climbed to N67.19tn, while the All-Share Index advanced to 107,821.39 points, underscoring the steady upward momentum in the equities market.

At the close of the latest trading session, the NGX’s total market capitalisation stood at N99.2tn. A total of 1.23bn shares valued at N35.13bn were exchanged in 27,872 deals. Compared with the previous trading day, market activity declined, with trading volume falling by 74 per cent, turnover decreasing by 10 per cent and the number of deals dropping by 20 per cent.

Market breadth closed positive, as 47 equities recorded price appreciation, while 16 stocks ended the session in negative territory out of the 128 listed equities that participated in trading. Aluminium Extrusion Industries led the gainers with a 9.9 per cent increase to close at N21.65 per share. It was followed by Austin Laz and Company, Meyer Plc and C and I Leasing, which gained 9.82 per cent, 9.75 per cent and 9.6 per cent, respectively.

On the losers’ chart, Neimeth International Pharmaceuticals topped the list, shedding 9.38 per cent to close at N5.80 per share. Tantalizers declined by 6.72 per cent, and International Breweries dropped by 4.44 per cent, while NPF Microfinance Bank lost 3.13 per cent.

In terms of trading activity, Chams Plc recorded the highest volume with 710.28m shares exchanged, followed by Zenith Bank with 58.76m shares, Access Holdings with 57.60m shares and FCMB Group with 44.06m shares. On the value chart, Aradel Holdings led transactions with deals worth N9.52bn, followed by Seplat Energy with N7.12bn and Zenith Bank with N3.67bn.