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UBA, three other heavyweights drive explosive rally as All-Share Index eyes N80 trillion 

The Nigerian stock market, tracked by the All-Share Index, extended its winning streak to seven sessions on Thursday, July 10, 2025.

Opening at 121,996.4, the All-Share Index jumped 2,457.13 points to close at 124,446.8, a solid 2.01% gain, fueled by strong advances in UBA, MTN Nigeria, Nigerian Breweries, and Zenith Bank.

Daily market volume climbed to 1.2 billion shares, up from 888 million recorded in the previous session, reflecting increased market participation.

Market capitalization also surged from N76.9 trillion to N78.7 trillion across 27,875 deals, edging closer to the N80 trillion mark.

Daily market volume surged to 1.2 billion shares, up from 888 million shares recorded in the previous session.

Among SWOOTs (Stocks Worth Over One Trillion Naira):

Within the FUGAZ banking group: 

The Nigerian All-Share Index continues its strong bullish trajectory, now edging toward the 125,000 psychological mark.

If investors do not perceive the market as overbought, sentiment may remain positive, setting the stage for further upside in the near term.

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