The Nigerian All-Share Index opened October on a positive note, closing the first trading session of the month in the green.
Wrapping at 142,979.46, the index added 269 points, a 0.19% gain over its previous close of 142,710.50.
Trading activity was vibrant, with market volume surging to 6.23 billion shares, a sharp leap from the 1.24 billion shares exchanged the previous day.
Reflecting the bullish sentiment, equity capitalization climbed to N90.7 trillion across 32,682 deals, up from N90.5 trillion in the last session.
In terms of trading activity, CORNERSTONE INSURANCE and UBA were the most active stocks of the day.
CORNERSTONE INSURANCE also topped the value chart with trades worth over N25 billion.
Market activity surged to 6.23 billion shares, a sharp jump from 1.24 billion shares in the previous session.
Stocks Worth Over One Trillion Naira (SWOOTs) showed mixed results.
The All-Share Index is riding a mild bullish wave that could push it past 143,000 points if upward momentum resumes in October.
Expectations around Q3 earnings may fuel stronger gains, and if heavyweight stocks rally ahead of results, the index could climb back toward 145,000 points.