Investors in the Nigerian equities market recorded a ₦255 billion gain at the close of trading on Wednesday, driven by strong buying interest in stocks such as First Holdings Plc, Lasaco Assurance, and Veritas Kapital Plc.
The benchmark All-Share Index (ASI) rose to 149,842.82 points, up from 149,459.11 points in the previous session, signaling renewed bullish sentiment.
Similarly, the market capitalisation jumped from ₦95.2 trillion to ₦95.5 trillion, reflecting the day’s net gains.
Market activity remained upbeat, with 38 stocks appreciating, 23 declining, and 85 remaining unchanged across 25,205 deals.
A total of 5.93 billion units of shares valued at ₦216.1 billion were traded.
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First Holdings Plc, Lasaco Assurance and Veritas Kapital Plc topped the gainers’ chart after each appreciated by 10%, closing at ₦39.60, ₦2.75, and ₦1.76 per share, respectively.
On the value chart, First Holdings Plc led trading with ₦4.2 billion worth of shares exchanged in 918 deals, followed by Zenith Bank, which posted ₦2.0 billion in 1,165 deals.
Vita Foam Plc also featured among the active counters, trading ₦1.5 million in 239 deals.
The bullish performance marks a recovery from earlier sessions dominated by profit-taking, with analysts projecting sustained momentum if macroeconomic indicators continue to stabilise.
