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Business News

DAARCOMM, two other companies gain 10% as All-Share Index dips, GTCO lead value 

On June 10, 2025, the Nigerian All-Share Index closed trading lower, decreasing by 599.27 points, fueled by declines in large-cap stocks such as DANGOTE CEMENT, ARADEL, and MTNN.

This decline of 0.52% brought the index down from the previous session’s figure of 114,616.75 to a close of 114,017.48.

Daily market volume dipped significantly, with 646.5 million shares traded, a sharp drop from the 1.28 trillion shares exchanged in the previous session.

Market capitalization slipped below the N72 trillion threshold, ending the day at N71.8 trillion, amid 23,978 transactions, while still maintaining a position above the N71 trillion mark.

Daily market volume saw a decline, decreasing to 646.5 million shares, down from 1.28 trillion in the previous session.

Among the SWOOTs (Stocks Worth Over One Trillion Naira), BUA FOODS enjoyed a gain of 4.32%.

On the downside, ARADEL slipped by 9.09%, while DANGOTE CEMENT fell by 6.67%, and MTNN experienced a decline of 2.88%.

Despite the decline, the All-Share Index maintained its position above the 114,000 zone, even as some SWOOTs faced a challenging day.

If large-cap stocks show a return to positive price action, there is potential for the index to rise in the upcoming session.