Market Wrap: All-Share slips below N64 trillion, HONYFLOUR declines, GTCO leads volume 

This marks a 1.66% decline from the previous day’s 105,451.06, pushing the index back into the 103,000 range. 

Trading activity saw a slight increase, with total trading volume rising by 0.46% to 508 million shares, up from 505 million shares in the prior session. 

Market capitalization declined significantly, falling to N63.1 trillion from N64.2 trillion, just above the N63 trillion threshold. 

On the gainers’ chart, NNFM and LIVESTOCK posted notable gains of 10.00% and 9.91%, respectively.  

However, the day’s laggards were led by HONYFLOUR, which dropped 10.00%, followed by DANGCEM, which declined by 9.98%. 

Market participation remained steady, with GTCO and NB emerging as the most actively traded stocks, contributing significantly to the day’s turnover. 

Trading volume
The market recorded a modest increase in trading activity, with volume rising by 0.46% to 508 million shares. Despite the decline in the index, trading remained robust, driven by notable performances: 

Trading value
In terms of trading value, GTCO dominated with transactions worth N3.1 billion, reflecting strong investor interest. 

SWOOT and FUGAZ performance 

SWOOT category 

FUGAZ stocks
The FUGAZ group—comprising FBNH, UBA, GTCO, ACCESSCORP, and ZENITHBANK—delivered mixed results: 

Market outlook