The Nigerian All-Share Index wrapped up buying and selling on July 16, 2025, firmly within the inexperienced, surging by 2,277.54 factors to shut at 128,967.08.
This marks a 1.8% achieve from the day past’s shut of 126,689.54, whilst market quantity noticed a slight dip.
Each day buying and selling quantity declined modestly from 1.29 billion to 1.24 billion shares, however investor sentiment remained sturdy.
Market capitalization climbed to a formidable N81.5 trillion over 36,635 offers, firming over N81 trillion.
By way of exercise, FIRSTHOLDCO and UBA dominated the amount board, rising as essentially the most traded shares of the day.
Buying and selling quantity declined modestly from 1.29 billion shares within the earlier session to 1.24 billion shares, however investor sentiment remained sturdy.
Among the many SWOOTs (Shares Value Over One Trillion Naira):
Throughout the FUGAZ banking group:
The Nigerian All-Share Index continues its sturdy bullish trajectory, attaining a market cap of N81.5 trillion and breaking the 128,000 mark.
If buyers don’t view the market as overbought, sentiment might stay optimistic, setting the stage for a possible take a look at of the 130,000 degree within the close to time period.
