The Nigerian equities market wrapped up the buying and selling day ended seventeenth June 2025 within the crimson, because the All-Share Index shed 348.61 factors to shut at 114,910.16, marking a 0.3% decline from the earlier shut of 115,258.77.
The downturn was pushed by selloffs within the banking sector, as all FUGAZ banks besides GTCO closed negatively, dragging the banking sector down by 0.20%.
Every day buying and selling quantity ticked up barely to 787.2 million shares, in comparison with 721.7 million shares recorded the day earlier than.
Nevertheless, market capitalization mirrored the bearish sentiment, slipping from N72.6 trillion to N72.4 trillion throughout 23,170 offers.
Every day buying and selling quantity recorded a slight uptick, rising to 787.2 million shares in comparison with 721.7 million shares traded within the earlier session.
When it comes to worth, GTCO led the pack with trades value N6.2 billion.
Among the many SWOOTs (Shares Value Over One Trillion Naira):
Most shares within the FUGAZ banking group closed within the crimson:
Market outlook
The All-Share Index slipped beneath the 115,000 mark, weighed down by unfavourable sentiment within the banking sector.
Nevertheless, a continued rally in mid- and large-cap shares in upcoming periods might elevate the index larger because it reclaims the 115,000 threshold.
