The Nigerian Exchange closed the Christmas-shortened week on a positive note, adding about ₦953 billion in market value despite reduced trading days.
Top weekly gainers:
Aluminium Extrusion Industries Plc: +32.4%
Austin Laz & Company Plc: +32.2%
International Breweries Plc: +20.8%
Mecure Industries Plc: +18.6%
First HoldCo Plc: +17.9%
FTN Cocoa Processors Plc: +15.4%
International Energy Insurance Plc: +14.5%
Guinness Nigeria Plc: +~10%
Market drivers:
Festive consumer spending and year-end repositioning supported gains, with consumer and financial stocks leading momentum.
Outlook:
Analysts expect full trading activity after the holidays to determine whether the rally carries into early 2026. Visit www.jocomms.com for more news.