The Nigerian equities market rebounded on Thursday, November 12, 2026, with the market capitalisation rising by N328.26 billion to N163.86 trillion, from N163.53 trillion, as renewed buying in heavyweight counters lifted the benchmark NGX All-Share Index (ASI) by 0.20% to 252,366.80 points from 251,861.24 points.
Gains in Seplat (+3.12%), Stanbic IBTC (+2.55%), First HoldCo (+2.09%) and Fidson Healthcare (+9.94%) drove the advance.
The year-to-date (YTD) returns for the ASI and market capitalisation strengthened to 62.18% and 64.89%, respectively, while the month-to-date (MTD) return stands at -0.8%.
Four of the six major indices closed higher. The Oil & Gas index led with a 1.90% gain to 5,991.03 points, followed by Commodity (+1.36%), Insurance (+0.66%) and Banking (+0.49%). The Industrial Goods index closed flat, while Consumer Goods fell 0.65% to 3,931.84 points.
Trading activity strengthened sharply even as the number of deals fell. Volume surged to 2.91 billion shares valued at N78.66 billion, exchanged in 28,318 deals.
Livestock Feeds was the most traded stock by volume at 2.20 billion units, while First HoldCo led by value at N32.40 billion.
Sentiment was positive, with 26 advancers against 20 decliners.
Fidson Healthcare and SUNU Assurances each rose about 9.9%, while International Breweries (-7.18%) and Tantalizer (-6.67%) posted the heaviest losses.
Among large-cap stocks, Seplat Energy rose 3.12% to N16,500.00, a N499.90 gain per share.
On the downside, Fidelity Bank fell 2.83% to N24.00, Wema Bank lost 1.52% to N32.50, Sterling Financial Holdings dropped 1.25% to N75.00, and Access Holdings slipped 0.37% to N27.00.
Share prices of GTCO (N119.50), MTN Nigeria (N837.00), Airtel Africa (N6,300.00), Dangote Cement (N1,469.90), BUA Cement (N298.00), BUA Foods (N760.60), Nestlé Nigeria (N2,650.00), Nigerian Breweries (N70.00) and Transcorp (N32.30) were unchanged, limiting their influence on the day’s price movement today.
The All-Share Index followed the same downward trajectory, declining from 252,456.74 points on Monday to 252,313.16 points on Tuesday and 251,861.24 points on Wednesday.
