NGX All-Share Index hits historic high amid broad-based sector gains and robust trading activity….
Nigeria’s stock market celebrated a major milestone on Monday as the Nigerian Exchange Limited (NGX) All-Share Index (ASI) breached the 200,000-point barrier, signaling renewed investor optimism and strong market momentum.
The benchmark index closed up 1.55% at 201,474.89 points, climbing from 198,407.30 points in the previous session. Month-to-date (MtD) returns now stand at 4.48%, while the year-to-date (YtD) performance has soared to 29.47%, underscoring robust capital market activity.
Market Capitalisation and Trading Activity
The NGX market capitalisation rose to N129.33 trillion, up from N127.36 trillion, driven largely by gains in large-cap stocks. Trading remained active, with 72,700 deals executed and 948.1 million shares exchanged, valued at N49.15 billion. Financial services stocks dominated by volume, reflecting strong investor appetite in the sector.
Among the session’s top gainers were BUA Cement Plc, Premier Paints Plc, John Holt Plc, Guinea Insurance Plc, and FTN Cocoa Processors Plc, while decliners included VFD Group Plc, Royal Exchange Plc, Omatek Ventures Plc, Sovereign Trust Insurance Plc, and Regency Alliance Insurance Plc.
Leadership Insights
Commenting on the milestone, Temi Popoola described the breakthrough as a reflection of growing confidence in Nigeria’s capital market.
“Nigeria’s ongoing reforms are strengthening domestic capital formation, and the market is responding positively. Increased participation by local investors, improving corporate fundamentals, and continued market modernisation are reinforcing the role of the capital market as a catalyst for long-term wealth creation and sustainable economic growth,” he said.
Meanwhile, Jude Chiemeka attributed the achievement to sustained investor demand and active participation across sectors.
“Crossing the 200,000-point mark reflects strong investor engagement and consistent demand across key sectors. At NGX, we remain focused on deepening market liquidity, enhancing trading infrastructure, and ensuring efficient price discovery to support a resilient and transparent marketplace,” Chiemeka added.
The historic rise of the NGX ASI underscores a broader trend of investor confidence returning to Nigeria’s equities market, driven by policy reforms, corporate performance, and ongoing efforts to modernise market operations.
