GTCO, Aradel top value chart as All-Share Index cracks 203,000 barrier

The Nigerian All-Share Index entered the 203,000 range on April 9, 2026, rising 0.28% to close at 203,161.8, reflecting modest gains in the equities market.

Gains came despite softer activity, as trading volume declined to 652 million units from 1 billion recorded in the previous session.

Market capitalization also edged higher, climbing to N130.7 trillion from N130.4 trillion, in line with the day’s positive price movement.

GTCO and Aradel Holdings led the value chart with N8.09 billion and N7.5 billion, respectively, while Access Holdings accounted for over 18% of total traded volume.

What the data is saying

Trading sentiment was strongly bullish on April 9, 2026, with the Nigerian market’s year-to-date return holding at 30.56%.

• On the gainers’ table, Trans Nationwide Express and International Energy Insurance led with price increases of 9.94% and 9.84%, respectively.
• However, profit-taking weighed on LivingTrust Insurance and RT Briscoe, which declined by 10.00% and 9.94%, respectively.

In terms of volume, Access Holdings led trading with 121.7 million shares, followed by GTCO at 62.2 million and Chams at 60.7 million shares.

• Zenith Bank recorded 43.7 million shares traded, while UBA followed with 29 million shares exchanged.

By market value, GTCO led with N8.09 billion in trades, followed by Aradel Holdings at N7.5 billion and Zenith Bank at N4.8 billion.

Nestle Nigeria recorded N4.5 billion in transactions, while Access Holdings completed the top trades with N3.1 billion.

Top 5 Gainers

• Trans Nationwide Express — up 9.94% to N3.43
•  International Energy Insurance — up 9.84% to N3.46
•  UPDC REIT — up 9.63% to N7.40
• Guinea Insurance — up 9.52% to N1.15
• Regency Alliance Insurance — up 9.18% to N1.07

Top 5 Losers 

• Living Trust — down 10.00% to N4.32
• RT Briscoe — down 9.94% to N8.88
• Tantalizer — down 9.55% to N3.98
• Livestock Feeds — down 9.40% to N6.75
• VFD Group — down 8.85% to N10.30

SWOOTs performance 

Among stocks worth over one trillion naira, Lafarge Africa gained 1.37%.

On the downside, International Breweries fell 2.8%, while MTN Nigeria shed 1.97%.

FUGAZ performance

Performance within the FUGAZ banking group was bullish, with UBA up 2.86%, Zenith Bank rising 2.75%, GTCO swelling 1.94%, and First Holdco up 0.48%.

Access Holdings Plc, however, closed flat for the session.

What you should know

Market activity weakened from 1 billion shares traded in the previous session to 652.7 million shares.

Large-cap banking stocks, particularly within the FUGAZ group, drove most of the session’s price movements.

The close at 203,161.8 points marks the highest level the Nigerian All-Share Index has ever reached.
(Nairametrics)