After six consecutive sessions of gains, the Nigerian All-Share Index (ASI) closed lower on Thursday, June 26, 2025, as sentiment turned mildly bearish across the market.
The index fell by 485.01 points, or 0.4%, to close at 120,772.68 from the previous day’s 121,257.7, as heavyweight BUA FOODS slipped by 6.5%.
While prices trended downward, market activity remained resilient, with trading volume rising to 892 million shares, up from 861.6 million shares in the previous session.
Market capitalization declined accordingly, closing at N76.4 trillion from N76.7 trillion, with a total of 25,375 deals recorded during the day.
UNILEVER and SFSREIT led the gainers’ chart, each posting the maximum daily increase of 10.00%.
On the other hand, THOMASWY and NAHCO topped the losers’ list, declining by 10.00% and 9.99%, respectively.
Volume-wise, ELLAHLAKES and ACCESSCORP dominated trading activity, highlighting continued investor interest in those equities.
Daily trading volume increased to 892 million shares, compared to 861.6 million shares traded in the previous session.
Among the SWOOTs (Stocks Worth Over One Trillion Naira), performance was mostly positive:
However, some large-cap stocks recorded losses:
Within the FUGAZ banking group:
On the downside:
Despite the negative price action, the All-Share Index appears to have stabilized above the 120,000 mark, as investors weigh in on their next moves.
Looking ahead, apart from concerns about the market being overbought, sustained interest—particularly in large-cap stocks—could continue to drive the index higher in the sessions to come.