FCMB Leads Trading Volume as Nigerian Stock Market Rebounds Above 141,500 Points

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The Nigerian Exchange (NGX) rebounded on Tuesday, with the All-Share Index (ASI) crossing the 141,500 mark, signaling renewed investor confidence after recent market pressures.

First City Monument Bank (FCMB) emerged as the most actively traded stock by volume, underscoring sustained interest from both retail and institutional investors. The rally was supported by gains in key sectors, particularly banking and consumer goods, which lifted overall market sentiment.

Market analysts noted that the rebound reflects a mix of bargain-hunting and positive investor positioning ahead of upcoming earnings reports. Despite volatility in previous sessions, the NGX has maintained strong year-to-date growth, consolidating Nigeria’s position as one of Africa’s most resilient equity markets in 2025.

The ASI has now advanced significantly since the start of the year, with financial stocks continuing to drive market activity. Investors remain watchful of macroeconomic indicators, especially inflation and interest rate trends, which could shape the next phase of trading.

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