REDSTAREX and UPL shine as All-Share Index slips by 0.14% 

This marks a 0.14% decline compared to the previous session, where the index settled at 109,183.93, as it continued to hover around the 109,000-threshold.

Daily market turnover echoed the bearish sentiment, falling to 637.5 million shares, down from 1.6 billion shares recorded the day before.

Market capitalization also dipped, closing at N68.7 trillion across 15,927 deals, as the index held the N68 trillion benchmark.

On the gainers’ chart, REDSTAREX and UPL topped the table, appreciating by 10.00% and 9.82% respectively. Conversely, NNFM and TRANSCOHOT declined by 9.97% and 9.95%, respectively.

Regarding volume, TANTALIZERS and FIDELITYBK led the activity chart, recording the highest number of shares traded for the day.

Daily market volume dropped, with 637.5 million shares changing hands, down from 746.9 million shares recorded the previous day.

Among the SWOOTs (Stocks Worth Over One Trillion Naira):

The All-Share Index appears to be amid a mild pullback, holding close to the 109,000 level as it waits for renewed bullish momentum.

Continued strength in mid- and large-cap stocks could provide the spark needed to reignite upward momentum and steer the market back onto a bullish path.