The Nigerian All-Share Index wrapped up trading on July 16, 2025, firmly in the green, surging by 2,277.54 points to close at 128,967.08.
This marks a 1.8% gain from the previous day’s close of 126,689.54, even as market volume saw a slight dip.
Daily trading volume declined modestly from 1.29 billion to 1.24 billion shares, but investor sentiment remained strong.
Market capitalization climbed to an impressive N81.5 trillion over 36,635 deals, firming over N81 trillion.
In terms of activity, FIRSTHOLDCO and UBA dominated the volume board, emerging as the most traded stocks of the day.
Trading volume declined modestly from 1.29 billion shares in the previous session to 1.24 billion shares, but investor sentiment remained strong.
Among the SWOOTs (Stocks Worth Over One Trillion Naira):
Within the FUGAZ banking group:
The Nigerian All-Share Index continues its strong bullish trajectory, attaining a market cap of N81.5 trillion and breaking the 128,000 mark.
If investors don’t view the market as overbought, sentiment may remain positive, setting the stage for a potential test of the 130,000 level in the near term.