{
  "id": 6085574,
  "title": "Stock Market Gains N3.72tn WoW on Renewed Buy Interest",
  "url": "https://urgent.news/2026/09/07/stock-market-gains-n3-72tn-wow-on-renewed-buy-interest",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T01:58:00.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/09/07/stock-market-gains-n3-72tn-wow-on-renewed-buy-interest/"
  },
  "original_language": "en",
  "account": "The Nigerian stock market saw a gain of N3.72 trillion over the week, as investor interest surged in select companies. The NGX All-Share Index (ASI) climbed by 2.36 per cent week-on-week, closing at 246,992.44 points. Market capitalization expanded to N159.559 trillion, resulting in a Year-to-Date (YtD) return of 58.72 per cent. The majority of the market's gains came from MTN Nigeria Communications, Seplat Energy, Aradel Holdings, and Nigerian Breweries. Royal Exchange led the pack with a 25 per cent increase, closing at N1.10 per share. Champion Breweries followed with a 20.10 per cent rise, reaching N11.95 per share. Nigerian Breweries experienced an 18.80 per cent increase, closing at N82.45 per share. Conversely, Beta Glass was the biggest loser, dropping by 17.38 per cent to N465.00 per share. NASCOM Allied Industries declined by 15.90 per cent to N164.00 per share. Trading volume surged, with 4.360 billion shares exchanging hands at N210.331 billion, compared to 2.507 billion shares valued at N123.223 billion in the previous week. The Financial Services Industry dominated trading activity, accounting for 82.10 per cent and 42.14 per cent of total equity turnover volume and value, respectively. Investors are anticipated to maintain a positive risk appetite this week as Nigeria prepares to be officially classified as a Frontier Market. Analysts predict continued buying interest in strong, liquid companies recently granted Frontier Market eligibility by FTSE Russell.",
  "summary": "Kayode Tokede The stock market section of the Nigerian Exchange Limited (NGX) closed last week on a positive note, supported by renewed buying interest across selected counters. The NGX All-Share",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}