The Nigerian equities market ended last week on a positive note, with investors recording gains across several listed companies. Market data released today shows that trading activity remained firm as participants adjusted portfolios ahead of the year-end period.
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Market performance during the week
Figures from the Nigerian Exchange indicate that total market capitalisation increased by over one trillion naira during the week. The All-Share Index moved upward, reflecting gains in industrial, consumer goods, and selected financial stocks.
Trading sessions recorded more advancing stocks than declining ones, signalling broad market participation. Analysts noted that the gains were spread across both large-capitalisation and mid-tier companies.
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Drivers of investor activity
Market participants attributed the performance to expectations around full-year corporate results and portfolio positioning ahead of the new financial year. Some investors increased exposure to equities as part of year-end rebalancing strategies.
Domestic institutional investors were active, while retail participation also increased. Foreign participation remained selective.
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Outlook for the coming weeks
Analysts expect trading momentum to remain cautious but steady as investors monitor inflation trends, interest rate policy, and corporate disclosures.
