Investors earn N99 bn in the Nigerian stock market.

On Wednesday, trading at Nigerian Exchange Limited saw the market capitalisation increase by 0.06 percent, rising from N156.943 trillion to N157.042 trillion.

The All‑Share Index (ASI) also climbed 154.59 points, a 0.06 percent gain, to finish at 244,852.21, up from 244,697.62 the previous session.

With the rally continuing, the market’s year‑to‑date return reached 57.35 percent.

Despite the overall positive movement, market breadth was negative, as 37 stocks posted losses while only 30 gained, signalling a broader sell‑off.

Among the gainers, Livestock Feeds led with a 10 percent rise to N9.35. Other stocks that surged included Deep Capital, Abbey Mortgage Bank, Vitafoam, and FTN Cocoa Processors.

On the decline side, FG142037S2 fell 26.67 percent to close at N95.33, followed by Neimeth Pharmaceuticals, International Energy Insurance, John Holt, and Union Homes Real Estate Investment Trust.

Trading activity fell for the day, with total volume down 3.47 percent to 1.23 billion shares, worth N38.84 billion, across 54,193 transactions.

Sterling Nigeria was the most heavily traded stock by volume, accounting for 565.33 million shares or 46.10 percent of the total volume.

Aradel led in value terms, with transactions worth N6.82 billion, representing 17.55 percent of the day’s total market value.