Strong earnings lift equities market by N392bn

The Nigerian equities market closed positively on Friday, with investors gaining N392 billion. This rally was driven by improved corporate earnings for the 2025 financial year released by companies on the Nigerian Exchange Ltd. platform, alongside gains in stocks like Trans-Nationwide Express, International Breweries, CHAMS, Guinness, and 20 other advancing equities. Market capitalisation rose by 0.30 per cent to N131.165 trillion, and the All-Share Index increased by 0.30 per cent to 203,770.43. The Year-to-Date return reached 30.95 per cent. Despite the positive performance, market breadth closed negatively with 34 losers and 24 gainers. Omatek Ventures led losers with a 10 per cent decline. FG202033S6 led gainers, appreciating by 36.30 per cent. Trading activity declined, with total volume traded dropping by 15.97 per cent to 548.60 million shares valued at N31.46 billion. Access Corporation topped the activity chart, recording 52.7 million shares worth N1.37 billion. Aradel Holdings posted the highest value of trades at N6.49 billion.