Dangote Cement lifts All-Share Index previous 146,900 to contemporary document excessive 

The Nigerian All-Share Index (ASI) closed the buying and selling session of October tenth in constructive territory, rising by 783.7 factors to increase its successful streak to 11 consecutive days.

Gaining 0.54%, the index superior from 146,204.3 to a brand new all-time excessive of 146,988.1, pushed largely by bullish momentum in Dangote Cement.

Market exercise additionally strengthened, as every day buying and selling quantity climbed to 385 million shares, up from 346 million recorded within the earlier session.

Likewise, market capitalization adopted the upward development, rising to N93.2 trillion throughout 21,842 offers, in comparison with N92.7 trillion beforehand.

By way of buying and selling quantity, FIDELITY BANK and CHAMS HOLDING emerged as essentially the most actively traded shares of the day.

Each day buying and selling quantity inched as much as 385 million shares, in comparison with 346 million shares recorded within the earlier session.

By way of worth, SEPLAT dominated the chart with trades price N1.28 billion.

Shares Value Over One Trillion Naira (SWOOTs) ended the session on a constructive notice.

Among the many tier-one banks (FUGAZ), efficiency was combined.

The Nigerian All-Share Index has firmly re-established its bullish momentum, reclaiming and surpassing the 145,000 and 146,000 ranges.

Sustained features in mid- and large-cap shares are anticipated to additional reinforce the rally within the close to time period.