The Nigerian stock market snapped back on Thursday, with market capitalization rising by ₦377 billion (0.58 percent) to close at ₦65.847 trillion. The All‑Share Index climbed 601.25 points (0.58 percent) to settle at 104,788.25.
A surge of buying interest in mid‑ and large‑cap names powered the rally. Notable gainers included:
• Caverton Offshore Support Group: +10 percent, closing at ₦2.31
• VFD Group: +9.92 percent, closing at ₦79.80
• Neimeth International Pharmaceutical: +9.92 percent, closing at ₦2.88
• Veritas Kapital Assurance: +9.57 percent, closing at ₦1.03
On the downside, ABC Transport led the laggards with a 10 percent drop to ₦1.26, followed by Eterna (–9.90 percent to ₦32.30), CAP Plc (–7.45 percent to ₦43.50), Regalins (–3.64 percent to ₦0.53), and the Nigerian Exchange Group (–3.23 percent to ₦34.50).
Trading activity picked up, with 432.56 million shares worth ₦9.719 billion changing hands across 12,027 deals—up from 376.61 million shares valued at ₦11.89 billion in 11,576 transactions the previous session.
Top trading stocks by volume and value
• Access Corporation: 77.86 million shares (₦1.62 billion)
• Ellah Lakes: 44.24 million shares (₦132.76 million)
• Fidelity Bank: 32.46 million shares (₦614.78 million)
• Zenith Bank: 30.20 million shares (₦1.466 billion)
• United Bank for Africa: 20.45 million shares (₦718 million)
This rebound comes after a sharp ₦659 billion sell‑off earlier in the week, triggered by concerns over U.S. tariff announcements. Investors will be watching closely to see if the market can sustain this momentum amid ongoing global uncertainties.
