The Nigerian All-Share Index ended the buying and selling week of thirtieth Might 2025 on a powerful be aware, advancing by 2,713.39 factors to shut in optimistic territory, as positive factors within the shopper items sector continued.
This represents a 2.49% surge, with the index rising from 109,028.62 to 111,742.01 factors, and bringing its month-to-date efficiency in Might to five.62%.
Market exercise was sturdy, with weekly buying and selling quantity rising by 25.13% to three.7 billion shares, up from 3.03 billion the earlier week.
This concurrent rise in each quantity and index worth exhibits sturdy bullish sentiment, with the market capitalization ascending to N70.4 trillion, sustaining a agency place above the N70 trillion threshold.
Market breadth additionally improved over the week.
Main the cost amongst gainers was UNIVERSITY PRESS PLC, which surged by 35.32% month-to-date, adopted by RED STAR EXPRESS PLC at 23.99%. Different notable gainers included:
On the losers’ desk was ABBEY MORTGAGE BANK PLC, which declined by 26.87% month-to-date, adopted by LEGEND INTERNET PLC at 18.95%. Different notable losers included:
This week, the company panorama remained energetic, marked by key bulletins that drew investor curiosity:
The All-Share Index has firmly damaged above the 110,000 mark, pushing the market capitalization previous the N70 trillion milestone, a powerful indication of continued bullish momentum.
