Breaking: Nigerian All-Share shatters 100,000 barrier as MRS (Chevron) and WAPIC top gainers 

However, amid this rise in price, market volume declined from 740 million shares reported the previous day to 477.8 million shares, reflecting a 35.49% decline from what was recorded the previous trading day.

Market capitalization also maintained its strong footing above the N60 trillion threshold, ending the day at N60.6 trillion, underpinned by 9,578 recorded transactions.

MRS and WAPIC led the gainers’ chart, both hitting the daily limit of 10.00%, reflecting strong investor confidence in these stocks.

However, it was not all positive, as CUTIX emerged as the biggest laggard with a sharp 10.00% decline, followed by TANTALIZER, which dropped 9.73%, illustrating a mixed sentiment across the market.

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

Despite bullish price action, the Nigerian equities market witnessed a significant decline in trading volume, dropping 35.49% to 477.8 million shares compared to the previous session.

Heavyweight stocks dominated investor attention.

The SWOOT stocks—companies with market capitalizations exceeding N1 trillion—delivered a mixed performance:

Among the FUGAZ stocks—comprising FBNH, UBA, GTCO, ACCESSCORP, and ZENITHBANK—performance was similarly mixed:

The All-Share Index’s breakthrough of the 100,000-point barrier reflects strong momentum driven by gains in mid- and large-cap stocks, pushing the market capitalization to N60.6 trillion.

If this positive trend persists, the index is likely to test the 100,500-point zone in the near term, supported by sustained investor confidence and bullish sentiment.