The All-Share Index closed the trading day on January 29, 2025, with a positive performance, rising by 590.99 points to reach 104,549.74.
This marks a 0.57% increase from the previous close of 103,958.75, as it eyes the 105,000-barrier.
Despite this bullish momentum, market activity saw a 22% decline in volume, dropping from 542 million shares to 417 million shares.
The market capitalization grew above N64 trillion, ultimately closing at N64.5 trillion amid 16,256 deals.
In terms of standout stocks, ARADEL and CHELLARAM posted impressive gains of 10.00% and 9.98%, while MCNICHOLS and CAVERTON faced declines of 10.00% each.
UNIVINSURE and FIDELITYBK led the trading activity, significantly influencing the day’s turnover.
The trading volume experienced a 22% decline, indicating a modest slowdown in market activity. However, several stocks distinguished themselves amidst this backdrop. Key highlights include:
In terms of trading value, the session was commanded by:
In the SWOOT category, ARADEL soared with a 10.00% gain, while OANDO and WAPCO experienced modest increases of 0.74% and 0.14%, respectively.
In contrast, the FUGAZ group exhibited mixed results: