ROYALEX hits 903.5 million in trading volume amid a 0.40% decline in the All-Share Index  

This reflects a 0.40% drop, as the index slipped from the previous close of 109,619.10 to 109,183.93—dipping below the key 109,500 mark.

The downturn came despite a surge in trading volume, with a total of 1.6 billion shares exchanged, up significantly from the previous session.

Market capitalization also declined, settling at N68.6 trillion across 26,176 deals, compared to N68.8 trillion recorded the previous day.

Among the session’s top gainers, UHOMREIT and REDSTAREX led with impressive increases of 9.97% and 9.91%, respectively.

On the downside, MAYBAKER and CHELLARAM both recorded sharp losses, with their share prices falling by 9.96%.

In terms of volume, ROYALEX and FIDELITYBK emerged as the most actively traded stocks of the day.

Daily market volume surged to 1.6 billion shares, a sharp rise from the previous day’s 664.1 million.

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

Within the FUGAZ banking group: 

Despite the day’s overall dip, the All-Share Index appears to be holding steady above the 109,000 barrier.

Continued strength among mid- and large-cap stocks could provide the momentum needed to push the market back onto a bullish trajectory.