The Nigerian All-Share Index (ASI) kicked off the week on a constructive word, hovering by 305.67 factors to shut at 121,295.33 on Monday, July fifth.
This marks a 0.25% rise from Friday’s shut of 120,989.66, regardless of a slowdown in buying and selling exercise, with FIRSTHOLDCO gaining 9.8%.
Market quantity dipped to 824 million shares, down from the 923 million recorded within the earlier session.
Regardless of the decrease quantity, market capitalization rose to N76.5 trillion, up from N76.3 trillion, unfold throughout 24,042 offers.
By way of exercise, UNIVINSURE and FCMB stood out as probably the most traded shares by quantity, capturing sturdy investor curiosity.
Each day market quantity eased to 824 million shares, down from 923 million recorded within the earlier session.
On the worth entrance, heavyweight shares dominated:
Among the many Shares Price Over One Trillion Naira (SWOOTs):
Within the FUGAZ banking group:
The ASI’s transfer above the 121,000-point mark suggests renewed momentum available in the market, fueled by rallies in key mid and large-cap shares.
With sentiment bettering, buyers could also be positioning for additional upside within the classes forward.
