December 5, 2025
Nigerian Stocks Extend Rally Ahead of Half-Year Earnings
Business News

Nigerian Stocks Extend Rally Ahead of Half-Year Earnings

Nigerian Stocks Extend Rally Ahead of Half-Year Earnings

Nigeria’s equities market closed higher for the third straight session on Wednesday, gaining 0.28 percent as investors stepped up buying ahead of half-year 2025 earnings announcements.

The market has now advanced 0.83 percent this week, while monthly and year-to-date gains stand at 1.68 percent and 18.52 percent respectively.

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Trading activity remained robust, with over 888 million shares valued at ₦15.6 billion exchanged in 24,303 deals. Japaul Gold, Access Holdings, AIICO, Universal Insurance, and Ellah Lakes featured among the most actively traded stocks.

Top gainers reached the daily ceiling of 10 percent, led by Chams, Omatek, Red Star Express, RT Briscoe, and C & I Leasing.

The Nigerian Exchange All-Share Index rose from 121,653 to 121,989 points, while market capitalization increased to ₦76.97 trillion, reflecting continued investor optimism ahead of earnings season.

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