The Nigerian All-Share Index prolonged its bullish momentum on Friday seventeenth October, gaining 622.7 factors to shut at 148,977.8, edging nearer to the 149,000-mark.
This represents a 0.42% improve from 148,355.1 recorded within the earlier session, accompanied by a modest rise in market exercise.
Buying and selling quantity strengthened to 480 million shares, in comparison with 432 million shares traded the day earlier than, whereas market capitalization climbed to N94.5 trillion from N94.1 trillion.
EUNISELL and UPDC emerged because the day’s prime gainers, appreciating by 10.00% and 9.92%, respectively. Conversely, LIVINGTRUST and INTENEGINS declined by 10.00% and eight.39%.
On the amount entrance, UBA and ACCESSCORP dominated buying and selling, accounting for the very best share exchanges of the day.
Market abstract
High 5 losers
Buying and selling quantity
Buying and selling quantity rose to 480 million shares, up from 432 million shares exchanged within the earlier session.
Buying and selling worth
SWOOT and FUGAZ efficiency
Shares Price Over One Trillion Naira (SWOOTs) closed blended.
Alternatively, INTBREW shed 3.33%, NB declined 0.78%, and FIDELITYBK fell 0.50%.
Among the many FUGAZ shares:
Market outlook
The All-Share Index stays strongly bullish because it edges nearer to the 149,000-point barrier.
With third-quarter outcomes across the nook, sustained constructive sentiment and robust earnings expectations are more likely to drive the index even larger within the coming periods.
