The Nigerian All-Share Index (ASI) surged by 1,721.29 points on the trading day that ended 27th May 2025, finally breaking through the long-anticipated 110,000 level.
The All-Share Index jumped from 109,884.93 to a record-high of 111,606.22, gaining 1.57% as it sailed past both the 110,000 and 111,000 marks, led by heavyweight AIRTEL AFRICA at the top of the advancers’ list.
Despite the broad rally in prices, total market volume dipped slightly, easing from 414.3 million shares to 409.5 million.
Meanwhile, market capitalization soared to N70.3 trillion across 15,992 deals, up from N69.2 trillion in the previous session.
Leading the pack of gainers were AIRTELAFRI and OMATEK, which surged by 10.00% and 9.23%, respectively.
On the losing side, MCNICHOLS and CWG saw sharp declines, shedding 9.80% and 9.50%.
Daily market volume dipped slightly, easing from 414.3 million shares in the previous session to 409.5 million.
Market activity remained strong in terms of value, with several heavyweights leading the pack.
Among the SWOOTs (Stocks Worth Over One Trillion Naira), bullish sentiment continued:
In the FUGAZ group:
Market outlook