NGX Rises 0.23% as Market Cap Climbs to N163.06tn

• The NGX All-Share Index gained 576.36 points, rising 0.23 percent to close at 251,191.02.

• Market capitalisation increased by N374bn to N163.056tn.

• Market breadth remained strong, with 43 gainers against 20 decliners, led by ETERNA, which surged 10.00 percent.

September 23, () – The Nigerian Exchange Limited extended its positive run on Wednesday, with the All-Share Index (ASI) rising 576.36 points to 251,191.02, representing a 0.23 percent gain.

Market capitalisation also increased by N374bn, rising from N162.682tn at the opening to N163.056tn at the close.

The session recorded 43 gainers and 20 decliners, reflecting sustained positive sentiment across the market.

On the gainers’ chart:

• ETERNA surged 10.00 percent (N35.00 to N38.50).
• THOMASWY rallied 9.88 percent (N2.53 to N2.78).
• CMFC climbed 9.76 percent (N2.46 to N2.70).
• HMCALL jumped 9.70 percent (N2.99 to N3.28).
• OMATEK soared 9.63 percent (N1.35 to N1.48).

On the decliners’ side:

• CAVERTON plunged 9.09 percent (N4.40 to N4.00).
• UPL tumbled 9.00 percent (N5.00 to N4.55).
• WAPIC shed 6.30 percent (N2.38 to N2.23).
• VERITASKAP slipped 5.45 percent (N1.10 to N1.04).
• UCAP declined 5.00 percent (N18.00 to N17.10).

Seplat Energy, Presco Plc, Julius Berger, Champion Breweries, Golden Guinea Breweries, Cadbury Nigeria, Nestle Nigeria, among others, closed flat.

The market maintained its upward trajectory, supported by broad-based gains and positive breadth.
Sustained buying interest could support further advances, although profit-taking remains a factor after the recent gains.