NGX ROUNDUP: Market capitalization jumps by N8.6tr as equities boom

Investors gained N8.6 trillion as equity market capitalization soared in the just ended trading week.

The market strengthened in all five trading sessions.

The market value increased to N139.8 trillion from N131.1 trillion recorded last week while the All-Share Index (ASI) appreciated by 6.57% closing the week at 217,167.57 points up from 203,770.43 points recorded the previous week.

The Nigerian equity market started the week on Monday, April 13, 2026, on a bullish note, with investors gaining N443 billion by the end of the trading session.

This trend continued on Tuesday, April 14, 2026, as investors earned N884 billion in five hours.

The bullish trend continued on Wednesday, April 15, 2026, as investors earned N2.28 trillion at the close of trading.

The market closed positive on Thursday, April 16, 2026, as investors gained N1.66 trillion.

The market also closed positively on Friday, April 10, 2026, as investors earned N3.39 trillion.

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Meanwhile, the total transactions carried out by investors on the Exchange floor this week were 33.588 billion shares worth ₦195.313 billion in 254,553 transactions, in contrast to a total of 3.361 billion shares worth ₦151.948 billion traded last week in 229,442 transactions.

The Financial Services industry (measured by volume) led the activity charts with 2.498 billion shares worth ₦94.005 billion traded in 111,052 transactions: thus contributing 69.62% and 48.13% respectively to the total volume and value of equity turnover.

The Services Industry followed with 329.034 million shares worth ₦3.452 billion in 14,050 transactions.

In third position is the Oil and Gas Industry with a transaction value of 152.472 million shares worth ₦42.511 billion in 19,022 transactions.

Trading in the top three equities, namely Sterling Financial Holdings Company Plc, Access Holdings Plc, and Zenith Bank Plc (measured by volume), accounted for 1.038 billion shares worth ₦46.081 billion in 33,067 transactions, accounting for 28.92% and 23.59% respectively to the total volume and value of equity turnover.

Sixty-one (61) shares appreciated this week, higher than twenty-five (25) shares in the previous week. Thirty-six (36) equities saw price depreciation, lower than fifty-four (54) equities in the previous week, while forty-nine (49) equities remained unchanged, lower than sixty-seven (67) recorded in the previous week.

Trans-Nationwide Express Plc recorded the largest percentage increase in share price, gaining 60.48% followed by Nigerian Exchange Group, which increased its share price by 46.30%.

Standing IBTC also increased its share price by 36.63%

On the other hand, Coronation Insurance Plc recorded the largest percentage decline in share price, losing 14.38% followed by Ikeja Hotels Plc, which also dropped its share price by 14.36%.

International Energy Insurance Plc, also lowered its share price by 13.80%.

By: Babajide Okeowo