THE Nigerian equities market extended its positive momentum on Tuesday as renewed demand for major stocks lifted investor wealth by about N469 billion by the close of trading.

Buying interest remained strong in names such as Meyer, Jaiz Bank, ABC Transport, Austinlaz, Multiverse Mining, along with more than 60 other gainers, helping to keep market sentiment upbeat.

As a result, the market capitalisation rose from N101.806 trillion to N102.275 trillion, reflecting a 0.46 percent appreciation in total market value.

In the same vein, the All-Share Index advanced by 732.86 points, or 0.46 per cent, to close at 159,951.08, compared with 159,218.22 recorded at the previous session.

This improvement further strengthened the year-to-date performance, underscoring the bullish undertone that has characterised recent trading sessions.Nigerian equites

Market breadth also ended on a positive note, as 65 equities appreciated in price while 21 declined, indicating widespread investor confidence.

Meyer and Jaiz Bank topped the gainers’ list after appreciating by 10 percent each, closing at N14.30 and N5.28 per share, respectively.

ABC Transport improved by 9.98 percent to finish at N4.96 per share, while Austinlaz and Multiverse Mining gained 9.94 percent apiece, closing at N5.64 and N17.70 per share.

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On the flip side, Aluminium Extrusion Industries led the laggards’ chart after losing 9.96 percent to close at N21.70 per share. Learn Africa dropped 9.16 percent to N5.95, while Oando shed 7.69 percent to end at N40.80 per share.

Similarly, United Bank for Africa depreciated by 6.22 percent to N43 per share, and Access Corporation fell by six percent, closing the day at N23.50 per share.

Trading data showed that although the number of deals fell by 4 percent, there was a nine percent rise in the total volume of shares traded and a 7 percent increase in value.

In all, investors exchanged 758.9 million shares valued at N19.8 billion across 54,212 transactions, compared with 695.6 million shares worth N18.6 billion traded in 56,632 deals in the preceding session.

Linkage Assurance emerged as the most actively traded stock by volume, with 51.63 million units, representing 6.8 pe cent of total market turnover for the day.

Meanwhile, Guaranty Trust Holding Company accounted for the highest value of trades, recording N2.04 billion, or 10.24 percent of total market value traded.

Nigerian equities rank third

Meanwhile, the Nigerian Exchange (NGX) ranked the fourth best-performing stock market globally in 2025. This is, however, a step-down from the third position recorded by the NGX in 2024, according to African Markets, which focuses on analyses of markets across Africa.

The NGX All-Share Index (ASI) returned 51.2 percent last year, with market capitalisation reaching N99.3 trillion, which is its strongest performance since 2007.

For six years, the NGX has reported big returns, making millionaires of several low-income investors.

According to the African Markets, momentum was especially strong in the second half (H1) of 2025, with returns nearly at 30 percent over the 6-month period, driven by a 16.6 percent gain in July.

“The Nigerian capital market in 2025 demonstrated resilience despite domestic and global economic headwinds,” said Group Managing Director/Chief Executive Officer, Nigerian Exchange Group (NGX Group), Mr Temi Popoola.

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“This performance underscores the importance of policy consistency, purposeful reforms, and strategic collaboration in strengthening investor confidence and sustaining market growth.”

He said during the year, efforts to advance economic reforms and improve market structures helped support a stable environment for capital formation, while the continued investment in technology played a critical role in expanding access, enhancing transparency, and improving operational efficiency across the market.

“As we look ahead to 2026, NGX Group remains focused on deepening partnerships with regulators, issuers, market operators, policymakers, and the wider financial ecosystem to sustain this momentum. We are optimistic about the opportunities ahead and committed to positioning the Nigerian capital market as a key driver of economic growth and wealth creation, while advancing NGX Group’s vision as Africa’s preferred exchange hub,” he noted.