The Nigerian All-Share Index ended the trading week of 30th May 2025 on a strong note, advancing by 2,713.39 points to close in positive territory, as gains in the consumer goods sector continued.
This represents a 2.49% surge, with the index rising from 109,028.62 to 111,742.01 points, and bringing its month-to-date performance in May to 5.62%.
Market activity was strong, with weekly trading volume rising by 25.13% to 3.7 billion shares, up from 3.03 billion the previous week.
This concurrent rise in both volume and index value shows strong bullish sentiment, with the market capitalization ascending to N70.4 trillion, maintaining a firm position above the N70 trillion threshold.
Market breadth also improved over the week.
Leading the charge among gainers was UNIVERSITY PRESS PLC, which surged by 35.32% month-to-date, followed by RED STAR EXPRESS PLC at 23.99%. Other notable gainers included:
On the losers’ table was ABBEY MORTGAGE BANK PLC, which declined by 26.87% month-to-date, followed by LEGEND INTERNET PLC at 18.95%. Other notable losers included:
This week, the corporate landscape remained active, marked by key announcements that drew investor interest:
The All-Share Index has firmly broken above the 110,000 mark, pushing the market capitalization past the N70 trillion milestone, a strong indication of continued bullish momentum.