WATCH THE VIDEO HERE The Nigerian All-Share Index concluded the trading day ended 14th May in the green, gaining 296.73 points to steady above the 109,000 level. This increase represents a 0.27% gain, as the index moved from a previous close of 108,762.60 to 109,059.33. Daily trading volume also increased, rising by 6.57%, from 498.4 million shares to 531.2 million shares. Market capitalization also advanced, reaching N68.5 trillion, compared to N68.3 trillion reported the previous day. Leading the gainers’ chart were NORTHERN NIGERIAN FLOUR MILLS and MCNICHOLS, up by 10.00% each. On the flip side, MULTIVERSE and GEREGU topped the decliners’ table, slipping by 9.63% and 9.09%, respectively. In terms of trading volume, GTCO and ACCESSCORP led the chart. Daily trading volume increased by 6.57%, rising from 498.4 million shares to 531.2 million shares. Among the SWOOTs (Stocks Worth Over One Trillion Naira): Within the FUGAZ banking group: The All Share Index has reclaimed the 109,000 level, which it slipped below in the previous week Sustained gains—particularly among mid- and large-cap stocks—could provide the necessary momentum to drive the index higher in the coming sessions.
All-Share Index holds above 109,000 as daily volume climbs; GTCO, ACCESSCORP lead activity
