The NGX All-Share Index and Market Capitalisation demonstrated a notable appreciation this past week, increasing by 1.63 per cent and 1.64 per cent, respectively.

The Index closed the week at 149,433.26, while the Market Capitalisation stood at N95.264 trillion.

This marks an improvement when compared to the 147,040.08 and N93.722 trillion figures recorded during the preceding week. Consequently, stock market investors experienced a gain of N1.542 trillion over the period under review.

In line with the main indices’ performance, the majority of other indices also finished higher. However, exceptions included the NGX Banking, NGX AFR Div. Yield, NGX MERI Growth, NGX MERI Value, NGX Oil and Gas, NGX Sovereign Bond, and NGX Commodity Indices. These indices all depreciated by “0.12 per cent, 0.75 per cent, 1.07 per cent, 0.27 per cent, 0.13 per cent 2.02 per cent and 0.49 per cent respectively.”

Investor activity for the week saw a total turnover of “4.373 billion shares worth N97.783 billion in 110,736 deals” traded on the floor of the Exchange.

This current week’s trading volume contrasts with the previous week, where a higher total of “6.617 billion shares valued at N113.224 billion that exchanged hands last week in 109,590 deals.”

The Financial Services Industry dominated the activity chart, recording “2.252 billion shares valued at N47.204 billion traded in 44,808 deals.” This impressive performance meant the sector contributed “51.49 per cent and 48.27 per cent to the total equity turnover volume and value respectively.”

Following the Financial Services Industry was the ICT Industry, which traded “1.118 billion shares worth N13.148 billion in 10,413 deals.” The Oil & Gas Industry secured the third position, with a turnover of “233.891 million shares worth N4.726 billion in 7,515 deals.”

Collectively, trading in the top three equities—E-Tranzact International Plc, Access Holdings Plc, and FCMB Group Plc—accounted for “1.921 billion shares worth N22.218 billion in 9,558 deals.”

This trading volume and value contributed “43.93 per cent and 22.72 per cent to the total equity turnover volume and value respectively.”

In terms of price movements, forty-nine equities appreciated during the week, a decline from 55 equities in the previous week. Conversely, forty-one equities depreciated in price, which is an increase compared to the 29 equities recorded in the preceding week. The number of equities that remained unchanged also decreased, with 57 equities remaining flat, lower than the 63 recorded in the previous week.

The top five gainers for the week, along with their respective gains, included Morison Industries Plc (N1.15), Mecure Industries Plc (N8.15), Japaul Gold and Ventures (56k), Sovereign Trust Insurance (50k), and PZ Cussons Nigeria (N6.55). Conversely, the top five losers were Eterna Plc, UACN Plc, Etranzact International Plc, Transcorp Hotel, and Chellaram Plc, which lost N5.30, N13.80, N1.40, N17.20, and N1.45 respectively.

Finally, the NGX announced the listing of additional units for Chapel Hill Denham Management Ltd.’s Series 11 Nigeria Infrastructure Debt Fund. The Exchange confirmed the addition of 140,100,000 Units of N100.00 each at N109.50 each under the N200 Billion Issuance Programme.

The official notification stated: “Trading Licence Holders are hereby notified that additional 140,100,000 units of N100 each at N109.50 each of Chapel Hill Denham Management Limited’s Nigerian Infrastructure Debt Fund under the N200 Billion Issuance Program were on Wednesday, 10 December 2025 listed on the Daily Official List of Nigerian Exchange Limited (NGX).”

The NGX further clarified the impact of this listing: “With this listing of the additional 140,100,000 units, the total outstanding units of the Chapel Hill Denham Management Limited’s Nigerian Infrastructure Debt Fund listed on NGX has now increased from 1,056,257,953 to 1,196,357,953 units of N100 each.”