The Nigerian All-Share Index (ASI) wrapped up trading on Friday, July 18, 2025, in positive territory, soaring by 1,301.8 points to close at 131,585.6.
This marks a 1.00% gain from the previous session’s 130,283.8 points, as bullish sentiment swept through the market.
Daily trading volume spiked to 3.3 billion shares, a significant leap from the 1.19 billion shares traded the previous day, signaling surging investor appetite.
Market capitalization also jumped, crossing above N83 trillion for the first time to settle at N83.2 trillion, across 28,593 deals.
Daily market activity surged, with trading volume powering to 3.3 billion shares, a sharp jump from 1.19 billion shares recorded the previous day.
FCMB led the volume chart with a robust 1.3 billion shares traded.
FIDELITYBK followed closely with 1.1 billion shares, reflecting sustained investor interest.
ACCESSCORP ranked third with 113.8 million shares, while CHAMS and ZENITHBANK rounded out the top five with 92.6 million and 50.7 million shares, respectively.
Among SWOOTs (Stocks Worth Over One Trillion Naira):
Within the FUGAZ banking group:
The Nigerian All-Share Index (ASI) has extended its bullish run, firming over the 131,000 mark, driven by strong performances in select stocks.
If investor sentiment remains upbeat and the rally isn’t perceived as overbought, the index could be poised to challenge the 135,000 level in the near term.