November 28, 2025
The Nigerian equities market recorded a strong rebound on Friday as a significant market surge lifted trading volume, value, and overall investor sentiment. Trading activity jumped sharply, with 1.826 billion shares worth N20.03 billion exchanged in 20,645 deals, far outperforming Thursday’s 324.6 million shares valued at N13.05 billion across 18,328 transactions.
The renewed upswing reflected improved investor confidence, supported by broad market strength and rising appetite for key stocks. Access Corporation led the activity chart with 103.29 million shares traded at a value of N2.17 billion, reinforcing its position as one of the session’s most actively traded equities.
By the close of trading, investors gained N179 billion in market value, extending the week’s bullish performance. Market capitalisation rose by N179 billion or 0.20 per cent to N91.286 trillion, up from N91.107 trillion posted the previous day. The All-Share Index also advanced by 281.30 points or 0.20 per cent to settle at 143,520.53.
Traders linked the session’s positive momentum to rising interest in Ikeja Hotel, NGX Group, Academy Press, Omatek Ventures, Cadbury, and 28 other advancing stocks, all of which contributed to the broad market surge. Year-to-date returns strengthened to 39.44 per cent, while market breadth closed positive with 33 gainers compared to 21 losers.
Ikeja Hotel topped the gainers’ list with a 10 per cent rise to N30.25, followed closely by NGX Group, which gained 9.98 per cent to N56.20. Academy Press advanced by 9.70 per cent to N7.35, Omatek Ventures climbed 9.35 per cent to N1.17, and Cadbury appreciated 8.63 per cent to N57.90.
On the flip side, Abbey Mortgage Bank led the losers’ chart, dropping 10 per cent to N5.85. Meyer fell 9.97 per cent to N13.10, while Sunu Assurances lost 9.89 per cent to close at N3.92. Sovereign Trust Insurance declined by 9.09 per cent to N2.70, and Linkage Assurance slipped 8.02 per cent to N1.72.
Analysts described the session as a clear reflection of strengthened market sentiment, with a market surge driven by improved liquidity, increased buying interest, and broad-based gains across several sectors.
Visit GMTNewsng for more news.
