The Nigerian stock market closed trading on Wednesday with a modest gain, as the benchmark NGX All-Share Index (ASI) edged higher by 10.8 points to settle at 166,267.6, amid largely muted price movements.
📊 Market SnapshotASI: +10.8 points to 166,267.6Market Capitalisation: Steady at ₦106.4 trillionTotal Volume Traded: ~822 million shares (up from 795 million)Deals: 43,548 transactions recorded Investors maintained a cautious stance, with activity picking up but price momentum remaining limited.
💰 Top Value DriversIn terms of transaction value, Stanbic IBTC and Zenith Bank dominated trading today, each recording roughly ₦2.7 billion worth of shares traded.
Top 5 by Value TradedStanbic IBTC – ~₦2.78 billionZenith Bank – ~₦2.74 billionNorthSouth Bank (NB) – ~₦2.4 billionGTCO – ~₦2.1 billionAradel Holdings – ~₦1.4 billion
📈 Market Leaders & Laggards💹 Top Gainers TodayMcNichols – +10%RT Briscoe – +10%NCR – +10%Jaiz Bank – +9.99%May & Baker – +9.95%
🔻 Top Losers TodayUPDC REIT – -9.68%Champion – -9.31%NSL Tech – -6.78%WAPIC – -6.69%Ecobank – -6.00%
📊 Volume HighlightsZICHIS Agro Allied led the volume chart with 69.2 million sharesNSLTECH followed with 54.7 millionAccess Holdings traded 40.1 millionZenith Bank and Tantalizer rounded out the top five in volume activity.
Why This Matters: The slight uptick in the All-Share Index lifted the year-to-date return to 6.85%, indicating cautious optimism among investors despite limited price rallies.
Heavy trading in large-cap names such as Stanbic IBTC and Zenith Bank highlights where market interest is most concentrated.
Despite the modest gain, analysts say the market’s pause in broader upward momentum suggests investors are selectively accumulating positions while reassessing valuations across sectors.
Image Credit: Nairametrics
Source: Nairametrics
