All-Share Index surges past N61 trillion market cap as HONYFLOUR dominates gainers, TANTALIZER heads losers 

Market activity increased amid this rise in price, with market volume climbing by 2.76% from 389 million shares reported the previous day to 400 million.

Market capitalization crossed into N61 trillion, ending the day at N61.3 trillion, underpinned by 10,260 deals.

HONYFLOUR and UACN led the gainers’ chart, both hitting 10.00% each.

However, it was not all positive, as TANTALIZER emerged as the biggest laggard with a sharp 9.77% decline, followed by MULTIVERSE, which dropped 9.73%, illustrating mixed sentiment across the market.

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

Amid the market’s overall positive trajectory, trading volume saw a modest uptick of 2.76%, with 400 million shares exchanged compared to the previous session.

FUGAZ stocks (FBNH, UBA, GTCO, ACCESSCORP, ZENITHBANK):

The Nigerian All-Share Index remains on a strong upward trajectory, closing above the 101,000-point barrier. Gains in mid- and large-cap stocks might continue to push market capitalization upward as bullish price action persists.