Heavyweights Lift Nigeria’s Capital Market As Bullish Momentum Returns to Large-Cap Stocks

By Our Correspondent

The Nigerian stock market ended Friday, 12th December 2025, in the green, rising 1,482.64 points to close at 149,433.2, boosted by gains in heavyweights MTN and International Breweries.

Tracked by the All-Share Index, the market gained 1.00%, rising from the previous session’s close of 147,950.6, supported by a slight increase in trading volume.

Daily market volume edged up to 571 million shares, compared to 529 million shares recorded the previous day.

Market capitalization also mirrored the gain, reaching N95.2 trillion across 20,418 deals, up from N94.3 trillion a day earlier.

The insurance sector led the activity chart with 2.99 per cent, followed by a 1.15 per cent advance in consumer goods and a slight 0.01 per cent uptick in industrial goods. Banking slipped 0.35 per cent and oil and gas dipped by 0.03 per cent, while the commodity sector closed flat.

Guinness and Morrison led the gainers’ chart, rising 10.00% and 9.84%, while eTranzact and Chellaram slipped 10.00% and 9.90%, respectively.

Accesscorp led the activity chart with 106 million shares, setting the pace for the session. CONHALLPLC followed with 59.8 million shares. TRANSPOWER ranked third with 42.7 million shares, while ZENITHBANK and CHAMPION rounded out the top five with 37.6 million and 36.4 million shares, respectively.

By transaction value, TRANSPOWER dominated with trades worth N13.1 billion. ZENITHBANK came next with N2.4 billion, while ACCESSCORP recorded N2.1 billion. MTNN posted N1.3 billion, and GTCO completed the top five at N1.2 billion.

SWOOTs reflected a bullish tone during the session with MTNN gaining 7.26 percent, International Breweries advanced 4.82 percent , Nigerian Breweries rose 3.52 percent, Berger Paints and Japaul Gold and Ventures recorded the highest price gain of 9.88 per cent each, while Morison Industries followed with a gain of 9.77 per cent. PZ Cussons Nigeria rose by 9.36 per cent, while Legend Internet rose by 8.91 per cent.

FUGAZ performance were mixed. GTCO fell 1.05%, UBA lost 0.75%, ZENITHBANK declined 0.7%, and ACCESSCORP dropped 0.5%. On the upside, FBNHOLDCO gained 0.32%.

Meanwhile, the All-Share Index is edging closer to 150,000 points as bullish momentum returns to large-cap stocks.

If sustained buying interest spreads across more mid- and large-cap counters, the market could surpass this level, eyeing highs above 155,000 points.

 

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