The nation’s bourse on Tuesday, December 2, 2025, reversed its previous losses as the NGX All Share Index (ASI) increased by 1.20% to 144,928.36 points, and market capitalisation increased by 1.41% to settle at N92.38 trillion
Consequently, the year-to-date (YTD) return increased to 40.81% from 39.14% on December 2, 2025.
This sentiment was influenced by buying interest in Dangote Cement, NCR and International Breweries, which offset selloffs in Ikeja Hotels, LEGENTINT and Living Trust.
However, market activity was mixed, with the transaction volume decreasing by 58.65% and value increasing by 112.64%.
ACCESSCORP led the volume chart with 310.25 million units while SEPLAT led the value chart with N22.48 billion
The market’s rebound suggests improving investor sentiment, largely supported by renewed interest in high-cap stocks such as Dangote Cement, and International Breweries.
With the Industrial Goods, Consumer Goods, and Banking sectors all closing positive, the momentum reflects selective accumulation as the year draws to a close.
However, the sharp 58.65% decline in volume indicates that many investors remain cautious, even though value traded surged by 112.64%, pointing to concentration in a few large-ticket counters.
This mix of thin liquidity, but heavy value inflows suggests that buyers are picking positions strategically rather than broad-based risk-on trading.