{"id":1571,"date":"2026-06-05T22:45:34","date_gmt":"2026-06-05T19:45:34","guid":{"rendered":"https:\/\/zalebs.com\/news\/nigerian-equities-rebound-adds-n234bn-in-friday-turnaround-after-losses\/"},"modified":"2026-06-05T22:45:34","modified_gmt":"2026-06-05T19:45:34","slug":"nigerian-equities-rebound-adds-n234bn-in-friday-turnaround-after-losses","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/nigerian-equities-rebound-adds-n234bn-in-friday-turnaround-after-losses\/","title":{"rendered":"Nigerian Equities Rebound Adds N234bn in Friday Turnaround After Losses"},"content":{"rendered":"<p>Nigeria\u2019s equities market finished the week higher on Friday, snapping a four-session downturn that had wiped out roughly N5.1 trillion in value. Investors returned to the market after the Nigerian Exchange Limited data showed a rebound in both overall market valuation and trading activity, lifting sentiment at the end of the week.<\/p>\n<h2>Friday\u2019s turnaround after a bearish stretch<\/h2>\n<ol>\n<li>The Nigerian Exchange Limited reported that market capitalisation increased by N234 billion, or 0.15%, rising from N155.359 trillion on Thursday to N155.593 trillion on Friday.<\/li>\n<li>The All-Share Index (ASI) climbed by 366 points, also up 0.15%, to close at 242,593.31, compared with 242,227.31 in the preceding session.<\/li>\n<li>As a result of the improvement, the market\u2019s year-to-date gain moved higher to 55.90%.<\/li>\n<li>Market breadth ended in positive territory, with 39 listed companies advancing while 11 declined, indicating a broader shift toward buying rather than isolated gains.<\/li>\n<\/ol>\n<p>Among the leading risers, Abbey Mortgage Bank, International Energy Insurance, and DAAR Communications recorded the strongest percentage increases, each gaining 10% to finish at N9.35, N7.26, and N1.98 respectively.<\/p>\n<p>On the declining side, Academy Press dropped 9.84% to close at N8.25. University Press also fell, sliding 9.73% to N5.10. VFD Group was another notable decliner, losing 7.59% to end the session at N10.35 per share.<\/p>\n<h2>Improving liquidity and deal flow<\/h2>\n<ol>\n<li>Trading activity strengthened as total market volume rose by 3.40% to 608.49 million shares.<\/li>\n<li>Those shares changed hands in 53,826 deals, with the total value of transactions increasing to N32.03 billion.<\/li>\n<li>Abbey Mortgage Bank topped volume charts, trading 164.08 million shares, which accounted for 26.97% of the total shares traded.<\/li>\n<li>In value terms, Seplat led with deals worth N9.74 billion, representing 30.39% of total market turnover.<\/li>\n<\/ol>\n<h2>Context: prior losses during the week<\/h2>\n<p>The rebound came after a difficult period for investors. On Thursday, the market saw losses of N1.8 trillion, and the broader stretch from Monday through Wednesday also recorded heavy declines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s equities market finished the week higher on Friday, snapping a four-session downturn that had wiped out roughly N5.1 trillion in value. Investors returned to the market after the Nigerian Exchange Limited data showed a rebound in both overall market valuation and trading activity, lifting sentiment at the end of the week. Friday\u2019s turnaround after [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1570,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Nigerian Equities Rebound Adds N234bn as Stocks Rise","_yoast_wpseo_metadesc":"Nigerian stocks surged on Friday, adding N234bn to market value and reversing losses as trading activity picked up and investor se","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1571","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigerian Equities Rebound Adds N234bn as Stocks Rise<\/title>\n<meta name=\"description\" content=\"Nigerian stocks surged on Friday, 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