WATCH THE VIDEO HERE The Nigerian stock market experienced a slight recovery on January 16, 2025, with the All-Share Index rising by 87.11 points to close at 102,183.06. This marked a slight increase of 0.09% from the previous day’s close of 102,095.95, breaking a four-day streak of losses. Trading volume increased by 8%, reaching 472 million shares compared to 428 million the day before. Market capitalization edged up to N62.3 trillion, a small increase from N62.2 trillion, maintaining its position above the N62 trillion mark. On the gainers’ side, NNFM and DANGSUGAR saw increases of 10.00% and 9.91%, respectively. However, LIVESTOCK and EUNISELL led the decliners with losses of 10.00% and 9.97%. Market activity was moderate, with GTCO and UNIVINSURE being the most actively traded stocks, contributing notably to the overall turnover. The market enjoyed a slight boost in trading activity, with volume climbing by 8% to reach 472 million shares. Highlights from the session include: In terms of trading value, the day was dominated by: SWOOT category FUGAZ stocks The FUGAZ group, comprising FBNH, UBA, GTCO, ACCESSCORP, and ZENITHBANK, delivered a mixed bag:
Market Wrap: All-Share Index gains 0.09%, NNFM and DANGSUGAR soar
