{"id":1644,"date":"2026-10-14T19:18:20","date_gmt":"2026-10-14T19:18:20","guid":{"rendered":"https:\/\/primerisenews.com\/?p=1644"},"modified":"2026-10-14T19:18:20","modified_gmt":"2026-10-14T19:18:20","slug":"stock-market-gains-n104bn-on-renewed-buying-interest","status":"publish","type":"post","link":"https:\/\/primerisenews.com\/?p=1644","title":{"rendered":"Stock market gains N104bn on renewed buying interest"},"content":{"rendered":"

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By Taiye Olayemi<\/p>\n

The Nigerian stock market rebounded on Wednesday, adding N104 billion in market capitalisation following renewed buying interest across several equities.<\/p>\n

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The market capitalisation rose by 0.06 per cent to N160.812 trillion from N160.708 trillion recorded at the close of Tuesday\u2019s session.<\/p>\n

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Similarly, the All-Share Index gained 160.02 points, representing a 0.06 per cent increase, to close at 247,673.65 from 247,513.63 previously.<\/p>\n

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The market\u2019s year-to-date return consequently rose to 59.16 per cent, while market breadth closed positive with 31 gainers against 17 losers.<\/p>\n

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The positive performance was driven by demand for Austinlaz, Etranzact, Livestock Feeds, Critical Minerals Financing Corp, Fortis Global Insurance and 26 other equities.<\/p>\n

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Austinlaz led the gainers\u2019 chart, appreciating by 10 per cent to close at N2.42 per share.<\/p>\n

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Etranzact followed with a 9.76 per cent gain, settling at N15.75, while Livestock Feeds advanced by 9.71 per cent to N16.95 per share.<\/p>\n

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Critical Minerals Financing Corp rose by 9.60 per cent to N3.54, while Fortis Global Insurance gained 9.38 per cent to close at N1.75 per share.<\/p>\n

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Conversely, UPDCREIT led the losers, declining by 9.96 per cent to close at N23.50 per share.<\/p>\n

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UPDC shed 6.02 per cent to N3.90, while Regency Alliance Insurance fell by 4.88 per cent to 78k per share.<\/p>\n

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Veritas Kapital Assurance lost 3.57 per cent to close at N1.08, while RT Briscoe declined by 3.14 per cent to N9.25 per share.<\/p>\n

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In spite of the market\u2019s recovery, trading activity weakened, with total volume declining by 20.12 per cent to 314.90 million shares.<\/p>\n

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The shares were traded in 30,956 transactions valued at N28.59 billion.<\/p>\n

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Access Corporation led trading by volume, exchanging 99.37 million shares, representing 31.55 per cent of the total volume traded.<\/p>\n

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Seplat Energy dominated trading by value, with transactions worth N14.46 billion, accounting for 50.58 per cent of the day\u2019s total value.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Nigerian stock market rebounded on Wednesday, adding N104 billion in market capitalisation following renewed buying interest across several equities.<\/p>\n","protected":false},"author":2,"featured_media":1018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[59,3],"tags":[588,240,844,914],"class_list":["post-1644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics","tag-investors","tag-nigeria","tag-stock-market","tag-stock-trading"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/primerisenews.com\/wp-content\/uploads\/2026\/09\/NGX-jpg-638x382-1.webp","_links":{"self":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1644"}],"version-history":[{"count":1,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1644\/revisions"}],"predecessor-version":[{"id":1645,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1644\/revisions\/1645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=\/wp\/v2\/media\/1018"}],"wp:attachment":[{"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primerisenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}