All-Share Index rises 0.15% as FUGAZ stocks gain slightly, NSLTECH and ABBEYBDS shine 

This represents a modest increase of 0.15% compared to the previous day’s figure of 104,216.87, from which the index had declined, as all FUGAZ stocks recorded gains.

Daily market volume also experienced a slight increase, rising from 444.1 million shares to 460.5 million shares, up 3.71%.

Market capitalization displayed resilience, growing from N65.4 trillion to N65.59 trillion across 14,528 transactions.

At the forefront of the gainers’ table were NSLTECH and ABBEYBDS, which achieved impressive gains of 8.89% and 8.35%, respectively.

Conversely, UHOMREIT and NAHCO faced setbacks, recording declines of 9.95% and 9.94%, respectively.

In terms of trading activity, ACCESSCORP and GTCO emerged as leaders, showcasing significant volumes in their transactions.

The daily market volume experienced a slight increase, rising from 444.1 million shares to 460.5 million shares, up 3.71%.

In terms of trading value, GTCO emerged as the top performer, facilitating transactions worth N3.4 billion.

SWOOT and FUGAZ performance: 

Within the SWOOTS category, OANDO recorded a modest gain of 0.53%, while WAPCO experienced a slight slip of 0.83%.

Despite the day’s gains, the All-Share Index remains in a retracement phase, positioned below the critical 105,000 mark.

However, the potential recovery of large- and mid-cap stocks may contribute to the stabilization of the index in the forthcoming weeks.