The Nigerian Exchange (NGX) closed the week on a high note on Friday as investors logged gains totaling N1.105 trillion and market capitalisation climbed past N110 trillion.
Market value rose 1.01% from N109.129 trillion to N110.234 trillion while the All-Share Index added 1,722.13 points to finish at 171,727.49, up from 170,005.36 the session before. The move lifted the year-to-date return to 10.36%.
Investor appetite centred on select stocks. Strong demand pushed shares in Nigerian Aviation Handling Company, Deap Capital Management, Omatek Ventures, Zichis Agro Allied Industries, Austinlaz and 55 other equities higher.
Market breadth ended positive: 60 gainers versus 19 losers. Top advancers were Nigerian Aviation Handling Company, Deap Capital Management and Omatek Ventures, each rising 10%, closing at N136.40, N6.82 and N2.64 per share respectively.
On the downside, The Initiates led decliners with a 9.74% fall to N19.45. Daar Communications slipped 7.32% to N1.90, while United Capital fell 6.55% to N18.55.
Trading activity surged. Investors exchanged 953.8 million shares valued at N43.1 billion across 51,005 deals, up from 712.9 million shares worth N22.3 billion in 46,104 deals the prior session.
That represents roughly a 34% jump in volume, a 94% rise in turnover and an 11% increase in deal count.
Fidelity Bank recorded the largest volume, with 92.39 million shares (about 9.69% of total volume). By value, Presco led the day with transactions worth N11.27 billion, representing 26.15% of all value traded.
Overall, Friday’s session reflected broad buying interest and stronger market liquidity, pushing the NGX above the N110 trillion threshold as investors rotated into selected stocks.
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