All-Share Index nears 100,500-mark as MRS (Chevron) tops gainers, AFRIPRUD leads losers 

However, amid this rise in price, market volume declined from 477 million shares to 389 million shares, reflecting an 18.45% drop compared to the last trading session.

Market capitalization also maintained its strong footing above the N60 trillion threshold, ending the day at N60.9 trillion, underpinned by 9,573 deals.

MRS and LEARNAFRCA led the gainers’ chart, both hitting 9.99% and 9.97%, respectively.

However, it was not all positive, as AFRIPRUD emerged as the biggest laggard with a sharp 10.00% decline, followed by TANTALIZER, which dropped 9.96%, illustrating mixed sentiment across the market.

On the activity front, STERLINGNG and UBA stood out as the day’s most traded stocks, drawing significant investor interest and contributing to the heightened market turnover.

Despite the market’s overall positive trajectory, trading volume saw a sharp decline of 18.45%, with 389 million shares exchanged compared to the previous session.

Heavyweight stocks dominated trading by value, attracting robust institutional activity:

The Nigerian All-Share Index remains on a strong upward trajectory, closing at 100,477.46 points as it eyes the critical 100,500-point barrier.

Gains in mid- and large-cap stocks might continue to push market capitalization upward, as bullish price action persists.