WATCH THE VIDEO HERE On April 16, 2025, the Nigerian All-Share Index declined by 708.14 points, closing the trading session at 103,851.88, thus slipping below the 104,000-threshold. This represents a 0.68% drop from the previous day’s closing value of 104,560.02, while market volume also declined, decreasing from 368.7 million shares to 351.6 million shares. The market capitalization fell to N65.2 trillion over 12,141 deals, down from N65.7 trillion recorded the previous day, reflecting the negative price action. Among the notable gainers, ABBEYBDS and SOVRENINS recorded increases of 9.99% and 7.69%, respectively. In contrast, IMG and GUINEAINS faced significant challenges, with declines of 10.00% and 9.52%. Additionally, notable trading activity was observed in ACCESSCORP and GTCO, which led the market in transaction volume. The daily market volume declined from 368.7 million shares the previous day to 351.6 million. In terms of trading value, GEREGU emerged as the standout performer, facilitating transactions worth N5.1 billion. In the SWOOTS category, OANDO encountered a slight decline of 0.9%.
All-Share Index slips below 104,000-barrier, declines by 0.68%; GEREGU and GTCO lead trading value
