Weekly Market Wrap: Premium shares lead rally as All-Share Index hits N72 trillion cap, banking sector shines 

The Nigerian equities market, as tracked by the All-Share Index (ASI), closed the buying and selling week ended June 5, 2025, in constructive territory, gaining 2,874.74 factors, pushed largely by sturdy performances in premium shares.

This represents a 2.57% enhance, with the index advancing from a gap stage of 111,742.01 to shut at 114,616.75, its strongest weekly efficiency up to now this 12 months.

Though buying and selling quantity dipped by 20%, exercise remained strong, with over 3 billion shares traded, closing the week at a complete quantity of three.02 billion shares.

Market capitalization rose in keeping with value positive aspects, growing to N72.2 trillion from the earlier week’s N70.4 trillion.

The NGX Premium Index recorded a 5.91% achieve in the course of the week, supported by notable value will increase in FIRSTHOLDCO and MTNN, which rose by 17.60% and 13.96%, respectively. ACCESSCORP, UBA, and ZENITH BANK additionally contributed with positive aspects under 6%.

The NGX 30 Index superior by 2.45%, whereas the NGX Predominant Board Index ended the week with a 0.93% enhance.

Sector efficiency

Prime gainers 

Main the cost amongst gainers was OANDO PLC, which surged by 25.77% month-to-date, adopted by LASACO ASSURANCE PLC at 21.62%. Different notable gainers included:

Prime losers 

On the losers’ desk was ASSOCIATED BUS COMPANY PLC, which declined by 18.64% month-to-date, adopted by JULIUS BERGER NIG. PLC at 13.50%. Different notable losers included:

This week, the company panorama remained lively, with a number of key bulletins attracting investor consideration:

Market outlook 

The All-Share Index is holding regular above the 114,000 mark and seems to be inching towards the 115,000 stage within the coming classes.

Continued power in mid- and large-cap shares has fueled the current surge, and this momentum may carry the index greater, supplied the market isn’t seen as overbought.