The Nigerian All-Share Index (ASI) closed the trading session of October 10th in positive territory, rising by 783.7 points to extend its winning streak to 11 consecutive days.
Gaining 0.54%, the index advanced from 146,204.3 to a new all-time high of 146,988.1, driven largely by bullish momentum in Dangote Cement.
Market activity also strengthened, as daily trading volume climbed to 385 million shares, up from 346 million recorded in the previous session.
Likewise, market capitalization followed the upward trend, increasing to N93.2 trillion across 21,842 deals, compared to N92.7 trillion previously.
In terms of trading volume, FIDELITY BANK and CHAMS HOLDING emerged as the most actively traded stocks of the day.
Daily trading volume inched up to 385 million shares, compared to 346 million shares recorded in the previous session.
In terms of value, SEPLAT dominated the chart with trades worth N1.28 billion.
Stocks Worth Over One Trillion Naira (SWOOTs) ended the session on a positive note.
Among the tier-one banks (FUGAZ), performance was mixed.
The Nigerian All-Share Index has firmly re-established its bullish momentum, reclaiming and surpassing the 145,000 and 146,000 levels.
Sustained gains in mid- and large-cap stocks are expected to further reinforce the rally in the near term.