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Nigerian Equities Rebound as Investors Gain N653bn on Renewed Buying Interest

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The Nigerian equities market rebounded strongly on Tuesday with investors recording N653 billion in gains, pushing the All-Share Index to 229,419.18 amid renewed interest in large-cap stocks

The Nigerian equities market staged a solid rebound on Tuesday, 30 June 2026, as renewed buying interest in large- and mid-cap stocks lifted investor wealth by N653 billion.

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Also read: NGX Chief Urges Inclusive Wealth Creation in Capital Market

Market capitalisation rose by 0.45 per cent to N147.217 trillion from N146.564 trillion recorded in the previous session, while the All-Share Index advanced by 1,017.26 points, or 0.45 per cent, to close at 229,419.18. The year-to-date return improved to 47.43 per cent.

Airtel Africa, Prestige Assurance, Cutix, Regency Alliance Insurance and 15 other stocks led the gainers’ chart, each recording notable appreciation. Airtel Africa, Critical Minerals Financing Corp and Prestige Assurance topped the list with 10 per cent gains, closing at N4,794.60, N4.18 and N1.54 per share respectively.

Conversely, the market breadth closed negative with 32 losers against 19 gainers. Custodian Investment led the decliners with a 9.98 per cent drop to N65.85, followed closely by PZ Cussons and RT Briscoe, which each shed 9.95 per cent.

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Trading activity moderated as investors exchanged 966.66 million shares valued at N39.95 billion in 49,579 deals, reflecting an 8.44 per cent decline in volume from the prior session. Linkage Assurance emerged as the most traded stock by volume with 95.97 million shares, while Aradel led by value with transactions worth N11.59 billion.

Also readRC Ikoyi Metro Wins Rotary District 9112 Overall Best Club Award

The positive performance underscores renewed confidence among investors despite mixed sentiment, as select blue-chip and growth stocks attracted fresh capital. Market analysts will be closely watching whether this momentum can be sustained amid broader economic conditions.

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