Nigeria’s stock market closed the week on a high note as total market value crossed the ₦110 trillion mark, delivering strong gains to investors. Data from the Nigerian Exchange Limited (NGX) on Friday showed that investors made about ₦1.1 trillion in one day, reflecting renewed confidence in equities.

Market capitalisation rose by 1.01 percent, moving from ₦109.13 trillion to ₦110.23 trillion at the close of trading. At the same time, the All-Share Index increased by 1,722.13 points to finish at 171,727.49, pushing the market’s year-to-date return to 10.36 percent.

The rally was driven by heavy buying interest in several stocks, including Nigerian Aviation Handling Company, Deap Capital Management, Omatek Ventures, Zichis Agro Allied Industries, Austinlaz, and dozens of other equities. Market activity was largely positive, with 60 stocks recording gains, while 19 closed lower.

Trading activity also picked up strongly as investors exchanged 953.8 million shares worth ₦43.1 billion across 51,005 deals. This represented sharp growth compared to the previous session. Fidelity Bank led in trading volume, while Presco dominated by value, accounting for over a quarter of the day’s total turnover.