NGX Rebounds as All-Share Index Reclaims 200,000 Mark

Trading on the Nigerian Exchange Limited closed on a positive note, with the All-Share Index rising by 1,691.9 points to settle at 200,705.9, reflecting renewed investor interest in equities.

The rebound followed the previous session’s dip below the 200,000 threshold, as buying pressure returned to the market. Market activity strengthened significantly, with total volume rising to 1.2 billion shares traded across 89,949 deals, compared to 848 million shares recorded earlier.

Market capitalisation also increased to N128.8 trillion, up from N127.7 trillion, with Guaranty Trust Holding Company leading in value of trades, accounting for N19.3 billion worth of transactions.

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Investor sentiment improved, pushing the year-to-date return to 28.98 per cent. Gains were driven by strong performances in key stocks including Airtel Africa, John Holt, Consolidated Hallmark, and Legend Internet, all of which recorded significant price increases.

On the downside, profit-taking activities weighed on stocks such as NPF Microfinance Bank and Royal Exchange.

In terms of trading volume, Access Holdings recorded the highest activity, followed by GTCO, Wema Bank, United Bank for Africa, and Zenith Bank Plc.

Among large-cap stocks, performance was largely positive, although MTN Nigeria recorded a slight decline. Banking stocks showed mixed performance, with gains in GTCO and Access Holdings offset by losses in First HoldCo, UBA, and Zenith Bank.

The session reflects sustained investor confidence in the equities market, supported by increased participation and selective buying across key sectors.