Economy

ETRANZACT, Tier-1 Banks Lead Turnover as NGX Index Finishes at 145,476.15

Nigeria’s equities market closed positive on Thursday as active turnover in ETRANZACT and core Tier-1 banking stocks supported a modest recovery in the benchmark index.

The NGX All-Share Index (ASI) advanced by 0.10% to close at 145,476.15, compared to 145,323.87 recorded in the previous session. The market capitalisation increased to ₦92.73 trillion, while bond and ETF market capitalisations settled at ₦51.26 trillion and ₦41.28 billion, respectively.

Market Activity

Investor participation remained strong across the session, with notable block trades in financial services equities:

  • Deals: 23,369

  • Volume: 1,932,454,869 units

  • Value: ₦19,192,532,872.87

Turnover was concentrated around high-liquidity financial counters and persistent interest in growth positions.

Top Price Gainers

Price advances were led by select equities with strong momentum and renewed buyer interest.

Symbol Last Close Current Gain % Change
FGSUK2031S4 ₦84.99 ₦94.83 ₦9.83 11.57%
UACN ₦80.00 ₦88.00 ₦8.00 10.00%
MORISON ₦3.22 ₦3.54 ₦0.32 9.94%
ETI ₦34.00 ₦36.90 ₦2.90 8.53%
WAPIC ₦2.36 ₦2.56 ₦0.20 8.47%

Top Price Decliners

Profit-taking activities extended across mid-cap names and select consumer counters.

Symbol Last Close Current Loss % Change
ELLAHLAKES ₦14.60 ₦13.14 -₦1.46 -10.00%
EUNISELL ₦81.00 ₦72.90 -₦8.10 -10.00%
TRANSCOHOT ₦174.90 ₦157.50 -₦17.40 -9.95%
OMATEK ₦1.30 ₦1.18 -₦0.12 -9.23%
GUINEAINS ₦1.30 ₦1.19 -₦0.11 -8.46%

Volume and Value Drivers

Trading was led by significant transactions in ETRANZACT, supported by continued inflows into Tier-1 banking equities.

Symbol Volume Value (₦)
ETRANZACT 1,583,766,234 6,370,758,519.15
FIDELITYBK 31,013,094 589,299,374.95
GTCO 28,285,005 2,489,449,692.50
ZENITHBANK 27,101,569 1,630,911,647.15
ETI 21,877,269 744,255,815.30

Tier-1 banks sustained their lead in liquidity, reflecting continued accumulation ahead of year-end positioning.

Fixed-Income Market

The fixed-income board closed flat, with no price changes across the listed instruments.

Symbol Last Close Current Change
ADBB2021S1 ₦100.00 ₦100.00 0.00
BUA2027S1 ₦100.00 ₦100.00 0.00
DAN2032S2TC ₦100.00 ₦100.00 0.00
FG112034S2 ₦73.10 ₦73.10 0.00
FG132036S2 ₦20.00 ₦20.00 0.00

Exchange-Traded Funds

ETF activity remained strong, with broad gains across equity and bond-linked instruments.

Symbol Last Close Current Change
STANBICETF30 ₦1,394.16 ₦1,533.57 ₦139.41
MERGROWTH ₦430.00 ₦460.00 ₦30.00
MERVALUE ₦286.00 ₦314.00 ₦28.00
VSPBONDETF ₦212.00 ₦220.00 ₦8.00
GREENWETF ₦275.00 ₦280.00 ₦5.00

STANBICETF30 continued to post strong gains, supported by sustained allocations into diversified equity baskets.

Market Summary

The positive close reflects a combination of institutional positioning, stable liquidity in Tier-1 banks, and active trading in growth-focused instruments.

ETF gains suggested a shift into market-wide exposure strategies, while profit taking in select mid-caps continued.