The Nigerian All-Share Index ended on 29th September in positive territory, rising 244.5 points to close at 142,377.6, up 0.17% from the previous session’s 142,133.0.
Trading activity slowed slightly, with 383.91 million shares changing hands compared to 518.6 million the session before.
Despite the lower volume, market capitalization rose to N90.11 trillion across 28,114 deals, up from N89.96 trillion.
THOMASWY and SFSREIT led the gainers, each advancing 10%, while MANSARD and UPL topped the losers, falling 10% and 9.85% respectively.
FIRSTHOLDCO and ELLAHLAKES were the most actively traded stocks.
Trading volume fell to 383.91 million shares from 518.6 million the previous day, reflecting a slight decline in market activity.
Trading value
SWOOT & FUGAZ Performance
Stocks Worth Over One Trillion Naira (SWOOTs) posted mixed results.
Among the FUGAZ stocks, GTCO gained 1.08%, while FIRSTHOLDCO closed flat.
Market outlook
The All-Share Index is moving moderately upward despite the dip in trading volume, as investors weigh their next moves.
Further gains in select large-cap stocks, particularly in banking, could push the index higher in the coming sessions.