NGX Extends Winning Streak as All-Share Index Gains 0.41% — Year-to-Date Return Hits 36%
The Nigerian equities market continued its bullish momentum on Tuesday, September 10, 2025, as the NGX All-Share Index (NGXASI) advanced by 0.41%, closing at 140,365.36 points, compared to the previous day’s 139,796.11 points.
This move has now pushed the year-to-date (YtD) return to an impressive 36.04%, reflecting strong investor appetite across sectors.
Key Market Highlights
• ASI: 140,365.36 (+0.41%)
• Deals: 23,386
• Volume Traded: 705.49m shares (+17.10%)
• Market Turnover: ₦17.17bn (+62.26%)
Market breadth was positive at 1.44x, with 39 advancers against 27 decliners.
Top Gainers
• Chellarams Plc (CHELLARAM): ₦12.10 (+10.00%)
• FTN Cocoa (FTNCOCOA): ₦5.94 (+10.00%)
• Lotus Halal ETF (LOTUSHAL15): ₦58.31 (+10.00%)
• Berger Paints (BERGER): ₦39.00 (+9.86%)
• SUNU Assurance (SUNUASSUR): ₦5.99 (+8.91%)
Notably, Chellarams and FTN Cocoa have been consistent momentum drivers in recent sessions.
Top Losers
• May & Baker (MAYBAKER): ₦16.25 (-9.97%)
• Union Dicon Salt (UNIONDICON): ₦9.75 (-9.72%)
• C&I Leasing (CILEASING): ₦6.00 (-7.69%)
• Thomas Wyatt (THOMASWY): ₦2.51 (-7.04%)
• Deap Capital (DEAPCAP): ₦1.72 (-6.52%)
Pharma stock May & Baker led the laggards, reversing earlier gains after recent profit-taking.
Market Insight
• Volume Surge: Trading activity rose sharply with 705.49m shares exchanged, showing renewed confidence from institutional and retail investors alike.
• Turnover Boost: Value traded jumped 62% to ₦17.17bn, signaling strong participation in mid- to large-cap counters.
• Sector Rotation: Investors are actively rotating into consumer goods, financials, and industrials, while healthcare and small caps saw pressure.
✨ Takeaway for Investors
The market is showing sustained bullishness, driven by:
• Resilient corporate earnings,
• Strong foreign inflows into select blue-chips, and
• Continued retail investor participation.
However, the profit-taking trend on some high flyers like MAYBAKER signals caution — selective positioning remains key.
The Nigerian equities market continued its bullish momentum on Tuesday, September 10, 2025, as the NGX All-Share Index (NGXASI) advanced by 0.41%, closing at 140,365.36 points, compared to the previous day’s 139,796.11 points.
This move has now pushed the year-to-date (YtD) return to an impressive 36.04%, reflecting strong investor appetite across sectors.
Key Market Highlights
• ASI: 140,365.36 (+0.41%)
• Deals: 23,386
• Volume Traded: 705.49m shares (+17.10%)
• Market Turnover: ₦17.17bn (+62.26%)
Market breadth was positive at 1.44x, with 39 advancers against 27 decliners.
Top Gainers
• Chellarams Plc (CHELLARAM): ₦12.10 (+10.00%)
• FTN Cocoa (FTNCOCOA): ₦5.94 (+10.00%)
• Lotus Halal ETF (LOTUSHAL15): ₦58.31 (+10.00%)
• Berger Paints (BERGER): ₦39.00 (+9.86%)
• SUNU Assurance (SUNUASSUR): ₦5.99 (+8.91%)
Notably, Chellarams and FTN Cocoa have been consistent momentum drivers in recent sessions.
Top Losers
• May & Baker (MAYBAKER): ₦16.25 (-9.97%)
• Union Dicon Salt (UNIONDICON): ₦9.75 (-9.72%)
• C&I Leasing (CILEASING): ₦6.00 (-7.69%)
• Thomas Wyatt (THOMASWY): ₦2.51 (-7.04%)
• Deap Capital (DEAPCAP): ₦1.72 (-6.52%)
Pharma stock May & Baker led the laggards, reversing earlier gains after recent profit-taking.
Market Insight
• Volume Surge: Trading activity rose sharply with 705.49m shares exchanged, showing renewed confidence from institutional and retail investors alike.
• Turnover Boost: Value traded jumped 62% to ₦17.17bn, signaling strong participation in mid- to large-cap counters.
• Sector Rotation: Investors are actively rotating into consumer goods, financials, and industrials, while healthcare and small caps saw pressure.
✨ Takeaway for Investors
The market is showing sustained bullishness, driven by:
• Resilient corporate earnings,
• Strong foreign inflows into select blue-chips, and
• Continued retail investor participation.
However, the profit-taking trend on some high flyers like MAYBAKER signals caution — selective positioning remains key.