JUST IN: Stock Market Opens 2025 With N155Billion Gain

The All-Share index also gained 0.25 per cent or 254 points, to close at 103,180.14, against 102,926.40 reported on Tuesday.

As a result, the Year-To-Date (YTD) return stood at 0.25 per cent.

Market breadth also closed positive with 58 gainers and eight losers.

Cornerstone Insurance, Cutix Plc, International Energy Insurance Plc, NCR Nigeria and Axa Mansard Insurance led the gainers’ chart by 10 per cent each to close at N3.96, N2.53, N1.87, N5.50 and N9.02 per share, respectively.

On the losers’ side, Ellah Lakes Plc led by 4.75 per cent to close at N3.01, National Salt Company trailed by 4.31 per cent to close at N30 per share.

Computer Warehouse Group also lost 3.25 per cent to close at N7.45, Fidelity Bank dropped 2.86 per cent to close at N17, while International Breweries Plc shed 0.90 per cent to close at N5.50 per share.

Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 85.95 per cent.

A total of 829.75 million shares valued at N5.67 billion were exchanged in 11,752 deals, compared with 437.76 million shares valued at N40.34 billion  exchanged in 8,830 deals, posted in the previous session.

Meanwhile, Royal Exchange led the activity chart in volume with 290.99 million shares while Access Corporation led in value of deals worth N430.78 million.