The Nigerian Exchange Limited (NGX) achieved a historic milestone on Tuesday, as the All-Share Index (ASI) surged to 151,456.91 basis points, with investors gaining a total of N963 billion.

This bullish performance was largely driven by strong showings from SCOA Nigeria, Omatek, Consolidated Hallmark Holdings, BUA Foods, Vitafoam, and 23 other equities.

Market capitalisation, which opened at N95.171 trillion, rose by N963 billion (0.01%) to close at N96.134 trillion, reflecting continued investor confidence and strong corporate earnings across key sectors.

Despite the positive trend, market breadth closed negative, with 30 losers against 28 gainers.

Among the top performers were SCOA Nigeria, Omatek, Consolidated Hallmark Holdings, BUA Foods, and Vitafoam, while Livingtrust Mortgage Bank led the laggards, shedding 9.91% to close at N4.00, followed by Conoil and Africa Prudential Sovereign Trust.

Trading activity remained robust, with 551.92 million shares valued at N20.54 billion exchanged in 27,518 deals.
Fidelity Bank topped the trading chart with 59.1 million shares worth N1.18 billion, followed by VFD Group with 39.31 million shares valued at N424.7 million.
Access Corporation recorded 37.4 million shares worth N950.1 million, while Guaranty Trust Holding Company (GTCO) traded 31.4 million shares valued at N2.92 billion.

The sustained upward trend reflects renewed investor optimism, buoyed by positive macroeconomic indicators and improved liquidity in the financial markets.