News

NGX Equities Opened the Easter Holiday-Shortened Week Bullish, as Investors Gained N209bn; BDC Rate Closed Flat at N1,400/US$1

Snapshot

1.1 NGX – Listed Equities

On Tuesday, 07 April 2026, the Nigerian stock market closed the first trading day of the week on a bright note, driven by strong demand for CADBURY (+9.53%), FIRSTHOLDCO (+9.10%), HONYFLOUR (+4.00%), NGXGROUP (+3.03%), GTCO (+2.46%), STANBIC (+1.43%), WAPCO (+0.47%), ARADEL (+0.40%), ACCESSCORP (+0.19%), and 15 others. As such, the benchmark All-Share Index (ASI) increased 0.16% to settle at 202,023.10 points on Tuesday, up from 201,698.89 points on Thursday.

Total market capitalisation increased by N208.65bn to close at N130.01trn, while the ASI year-to-date (YTD) return stood at 29.82%. However, market breadth tilted towards the bears, with 37 decliners against 24 gainers. TRANSEXPR topped the gainers’ chart, while ELLAHLAKES led the decliners. Meanwhile, TRANSEXPR and CADBURY traded above their 52-week highs at N3.12 and N75.25, respectively.

The Proshare Memorandum Index also closed bullish, with the price-weighted return up 0.40% to close at 1,242.74 points from 1,237.76 points in the previous session, while the float-adjusted return increased by 1.20% to settle at 893.36 points, up from 882.75 points.

Investing

Volume and Value Contribution

Market activity was up for the day, with total volume traded up 105.85% to 1.15bn, valued at N40.28bn across 78,006. WEMABANK recorded the highest volume and value, with 282.58m units traded at N7.29bn, accounting for 24.51% and 18.10% of the day’s volume and value, respectively. ACCESSCORP and VFDGROUP accounted for 10.86% and 9.27% of total volume, respectively, while GTCO and ACCESSCORP followed WEMABANK in traded value. 

NGX Earnings Summary

Corporate Results

  • Zenith Bank Plc Q4 2025 Financial Statement – NGX

NGX Corporate News

  • Eterna Plc Dividend Announcement – NGX
  • Wema Bank Plc Notice Of Closed Period – NGX
  • Honeywell Flour Mill Plc Notification Of Closed Period FY 2026 – NGX
  • Africa Prudential Plc Notices Of Board Meeting – NGX
  • United Capital Plc Notices Of Annual General Meeting – NGX
  • Zenith Bank Plc Corporate Action, 2025 Financial – NGX
  • Sovereign Trust Insurance Plc Earnings Forecast – NGX
  • Zichis Agro Allied Industries Plc Corporate Action – NGX
  • Veritas Kapital Assurance Plc Notices Of Board Meeting – NGX

For more analysis of the NGX-listed equities,  click here.

1.2 NASD OTC Exchange – Unlisted Equities        

Conversely, the unlisted NASD Securities Index (NSI) closed bearish on Tuesday, extending the previous sessions’ losses, down 1.61% to 3,975.34 points from 4,040.30 points on Thursday.

The total volume traded decreased to 797,264, valued at N26.12m, across 33 deals.

At the close of trading, the NASD OTC recorded three (3) gainers and three (3) losers

1.3 Global Indices     

The global indices closed lower on Tuesday, with Brazil’s Bovespa leading the losers’ chart. For more updates on the Global scene, click here.

1.4 African Indices

The prices in the African market are relatively favourable today. For the latest data and updates, please kindly click here.

2. Bonds and Fixed-Income Markets

Market data reports

2.1 Debt Market Size

The Debt Market Size was unavailable at the time of publishing this report.

2.2 Overnight and Open Repo (OPR)

The Overnight and Open Repo rates were unavailable while preparing the report.

3. Commodities Market

3.1 AFEX Indices

On Tuesday, at the AFEX market, ACI and AEI closed flat at N40.68 and N32.22, respectively. Data on AFEX Indices can be accessed here.

3.2 AFEX Commodity Prices

For commodities at the AFEX Market on Tuesday, maize and paddy rice increased 22.81% and 0.10%, respectively, to close at N352.44 and N376.03, while sorghum fell 0.30% to close at N316.11. Click here to access more data on AFEX commodity prices.

3.3 LCFE Commodity Price(s)

Eko Gold, Premium Eko Rice, and Eko Rice Classic prices at the Lagos Commodities and Futures Exchange (LCFE) remained unchanged on Tuesday, closing at N140,000.00 per gram, N50,000.00 per 50kg, and N55,000 per 50kg, respectively.

3.4 Global Commodity Prices

In the global commodity market, Gold and Silver fell 0.43% and 2.57%, respectively, to close at US$4,636.66 and US$70.97. Brent and WTI crude futures advanced 0.64% and 3.05%, respectively, to close at US$110.47 and US$115.84 as at 02:02 PM GMT on Tuesday, ahead of a deadline set by U.S. President Donald Trump for Iran to open the Strait of Hormuz ‌or face attacks on power plants and other infrastructure.

4. Currency / FX Market

The average BDC rate closed flat on Tuesday at N1,400/USD, while the NFEM rate closed at N1,380.79/USD on the last market day.

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