The Nigerian All-Share Index fell by 347.10 points to close at 141,498.2 on Monday, 22nd September, representing a 0.24% decline from the previous session’s close of 141,845.3.
Trading activity was slightly higher as volume rose to 488.5 million shares compared to 431.1 million shares in the prior session.
Market capitalization also slipped, with equity capitalization falling to N89.52 trillion from N89.74 trillion.
In terms of market volume, UNIVINSURE and ZENITHBANK led the activity as the most traded stocks of the day.
There was a slight increase in trading volume at 488.5 million shares, compared to 431.1 million shares in the previous session.
In terms of value, ZENITHBANK dominated the market with trades worth N3.8 billion.
The SWOOTs (Stocks Worth Over One Trillion Naira) posted a mixed performance.
Among the FUGAZ stocks, performance was also uneven:
The All-Share Index appears to be rebounding from the recent pullback, with some large-cap stocks showing renewed momentum.
If the bullish trend in select heavyweights continues, the market could extend its recovery and potentially reclaim the 143,000 level in the near term.