The Nigerian Exchange Limited (NGX) sustained its upward momentum on Wednesday as the All-Share Index (ASI) advanced marginally by 0.11 percent to close at 200,925.75 points.
Market capitalisation of equities appreciated to ₦128.98 trillion, while total market capitalisation, including bonds and exchange-traded funds (ETFs), remained supported by steady valuations across fixed income instruments.
Trading activity remained strong as investors exchanged 537.99 million shares valued at ₦25.39 billion in 45,641 deals, indicating sustained liquidity in the equities segment.
Top gainers dominated market sentiment with Legend Internet Plc (LEGENDINT) leading the chart, gaining 10.00 percent from ₦6.60 to ₦7.26. Zichis Plc (ZICHIS) followed closely with a 9.93 percent increase to close at ₦11.40.
Premier Paints Plc (PREMPAINTS) also advanced by 9.93 percent to ₦31.00, while John Holt Plc (JOHNHOLT) rose 9.79 percent to ₦15.70. Consolidated Hallmark Holdings Plc (CONHALLPLC) gained 6.26 percent to settle at ₦5.26.
On the downside, Fidson Healthcare Plc (FIDSON) recorded the steepest decline, shedding 9.97 percent to close at ₦94.85. Austin Laz & Company Plc (AUSTINLAZ) declined by 9.89 percent to ₦4.01, while Lotus Halal Equity ETF (LOTUSHAL15) fell 9.09 percent to ₦146.00.
LivingTrust Mortgage Bank Plc (LIVINGTRUST) dropped 7.08 percent to ₦4.46, and NSL Tech Plc (NSLTECH) declined by 7.04 percent to ₦1.32.
Banking stocks continued to dominate trading activity, with Wema Bank Plc leading in volume as investors traded 104.33 million shares worth ₦2.76 billion.
Access Holdings Plc followed with 42.77 million shares valued at ₦1.11 billion, while Zenith Bank Plc recorded transactions worth ₦3.56 billion on 33.85 million shares traded.
Guaranty Trust Holding Company Plc (GTCO) also saw significant activity with 25.57 million shares valued at ₦2.87 billion. Zichis Plc appeared among the most active stocks by volume.
The bond market remained largely stable with key instruments such as CP26NGNGS1B, DAN2029S2TB, DIF2029S1TA, FG162029S1 and FG172035S1 closing unchanged.
Meanwhile, the ETF segment posted notable gains across major instruments. NEWGOLD rose by ₦12,319.98 to close at ₦135,519.87, while SIAMLETF40 gained ₦1,082.40 to ₦11,913.00.
STANBICETF30 advanced by ₦421.95 to ₦4,641.45, VSPBONDETF increased by ₦34.00 to ₦374.00, and VETINDETF added ₦12.70 to close at ₦139.70.
Overall, the market’s positive close reflects sustained investor confidence supported by liquidity in banking stocks and selective positioning in mid- and small-cap equities.
However, mixed performance across sectors suggests cautious optimism as investors continue to monitor macroeconomic developments and corporate earnings outlook.