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All-Share climbs 938 points as BUAFOODS and other advancers rally; ACCESSCORP leads in volume 

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The Nigerian All-Share Index concluded the trading session on February 19, 2025, with a strong surge, gaining 938.53 points to close at 108,609.51.

This increase signifies a 0.87% rise from the previous closing figure of 107,670.98, as it corrects back to the 108,000 level.

However, despite this notable upward momentum, trading volume saw a decline of 15.9%, decreasing from 408 million shares traded the prior day to 343 million.

In a positive development, market capitalization climbed to N67.6 trillion from N67.1 trillion reported the previous day, as it holds tight to the N67 trillion threshold.

Examining individual stock performances, BUAFOODS and RTBRISCOE each achieved commendable gains of 9.91% and 6.91%.

Conversely, UPL and INTENEGINS faced declines, recording decreases of 9.80% each. Furthermore, ACCESSCORP and FIDELITYBK emerged as leaders in trading activity, significantly influencing the day’s turnover.

The daily trading volume decreased by 15.9%, falling to 343 million shares from the 408 million recorded the previous day.

The Index is currently experiencing strong buying momentum as it approaches the psychological barrier of 110,000.

If All-Share is not perceived as overbought, the positive sentiment stemming from recent earnings reports may continue to propel the index upward.

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