WATCH THE VIDEO HERE The Nigerian All-Share Index closed the trading day ended 16th May 2025 in positive territory, gaining 242.71 points to reach a high above 109,710.3. This reflects a 0.22% increase from the previous day’s close of 109,467.64, as the index steadily approaches the key 110,000 mark. However, trading activity slowed, with volume dropping by 40.8% to 431.7 million shares, compared to 729.8 million shares exchanged the day before. Despite the lower volume, market capitalization climbed to N68.9 trillion across 16,400 deals, up slightly from N68.8 trillion recorded the previous day. On the gainers’ chart, four stocks hit the daily limit of 10.00%: NNFM, TRANSEXPR, CHAMPION, and HONYFLOUR. On the flip side, INTENEGINS and MULTIVERSR declined, shedding 9.57% and 9.55%, respectively. In terms of trading volume, ACCESSCORP and GTCO led the pack, recording the highest levels of investor activity. Trading volume Daily trading volume dropped by 40.8%, falling to 431.7 million shares from 729.8 million shares recorded the previous day. Trading value SWOOTs and FUGAZ performance Among the SWOOTs (Stocks Worth Over One Trillion Naira): In the FUGAZ banking group: The All-Share Index has soared above the 109,500 level, as it eyes the N110,000 threshold. Sustained gains—particularly among mid- and large-cap stocks—could provide the necessary momentum to push the index higher in the sessions ahead.
GTCO, ACCESSCORP lead trading volume as All-Share Index soars above 109,700
