Nigerian Stock Market Gains ₦263bn as Investors Pile into Consumer and Insurance Stocks

The Nigerian Exchange (NGX) kicked off the new trading week on a bullish note, as investor interest in consumer goods and insurance stocks boosted market performance, adding ₦263 billion to the total market capitalisation.

At the close of trading on Monday, the NGX’s market capitalisation rose to ₦88.2 trillion, up from ₦87.9 trillion in the previous session. Likewise, the All-Share Index (ASI) climbed by 414.74 points, or 0.3%, to settle at 139,394.75 points.

Key Trading Highlights:

Volume traded: 947.83 million shares
Total value: ₦17.96 billion
Number of deals: 36,006
Volume change: ↓ 48% (from previous session)
Turnover change: ↑ 12%
Deal count: ↑ 46%

Top Gainers:

Company	% Gain	Closing Price
PZ Cussons Nigeria	+10%	₦35.20
University Press Plc	+10%	₦5.50
Ellah Lakes Plc	+9.94%	₦14.27
Legend Internet	+9.90%	₦5.44

Top Losers:

Company	% Loss	Closing Price
Nigerian Enamelware Plc	-10%	₦35.10
Industrial & Medical Gases Nigeria	-10%	₦33.30
Union Dicon Salt Plc	-10%	₦10.80
Thomas Wyatt Nigeria Plc	-10%	₦2.70

Most Active Stocks (by Volume):

Company	Volume	Value
FCMB Group Plc	460.95 million shares	₦4.73bn
Universal Insurance	42.22 million shares	₦53.39m
Royal Exchange	35.22 million shares	₦72.49m

Top Trades by Value:

Company	Value
FCMB Group Plc	₦4.73bn
Zenith Bank	₦1.73bn
GTCO	₦1.60bn
Dangote Sugar	₦1.41bn
Nestle Nigeria	₦930.13m

Sector Performance:

NGX Insurance Index: ↑ 3.16% (best performing sector)
NGX Consumer Goods Index: ↑ 0.6%
NGX Main Board Index: ↑ 0.54%
NGX Top 30 Index: ↑ 0.11%
NGX Industrial Index: ↑ 0.02%
NGX Oil & Gas Index: Flat

Market Sentiment:

Despite Monday’s rally, the market still reflects a weekly decline of 0.64% and a four-week loss of 4.36%, pointing to recent volatility. However, the year-to-date return remains strong at +35.43%, driven by consistent investor interest in blue-chip stocks across banking, industrials, and consumer goods.