April 08, (THEWILL) — The Nigerian Exchange (NGX) recorded a strong positive session on Wednesday.
The market capitalisation opened at N130.014 trillion and closed at N130.404 trillion, while the All-Share Index (ASI) advanced from 202,023.10 to 202,585.54.
The session saw 24 gainers and 37 losers, reflecting selective sector activity.
Top Gainers for the Session
1. UNIVINSURE recorded a strong gain of 10.00 percent (N1.10 to N1.21)
2. OMATEK gained a robust increase of 9.78 percent (N2.25 to N2.47)
3. VFDGROUP rise of 9.71 percent (N10.30 to N11.30)
4. CWG saw an upward movement of 9.64 percent (N19.20 to N21.05)
5. LIVESTOCK made a notable gain of 9.56 percent (N6.80 to N7.45)
Top Losers for the Session
1. UPDCREIT sharp decline of -10.00 percent (N7.50 to N6.75)
2. FTGINSURE saw a significant drop of -9.92 percent (N1.31 to N1.18)
3. DEAPCAP steep fall of -9.85 percent (N5.99 to N5.40)
4. CHAMS moderate decrease of -9.47 percent (N3.38 to N3.06)
5. JAPAULGOLD had a notable decline of -8.82 percent (N3.40 to N3.10)
Several blue-chip stocks, including Dangote Cement, Julius Berger, Golden Guinea Brewery, Unilever Nigeria Plc, and Unity Bank, closed flat, indicating selective investor focus on high-yielding and liquid equities.
Overall, Wednesday’s session reflected a mixed but resilient market, with strong rallies in select counters offset by sharp pullbacks in others.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
