Site icon Naijaonpoint.com.ng

Zenith Bank tops trading value as All-Share Index rises 0.48%, mid-cap stocks shine 

The Nigerian All-Share Index (ASI) closed in the green on 22nd August 2025, gaining 671.70 points to finish at 141,004.14.

This represents a 0.48% increase from the previous day’s close of 140,332.4, ending a three-day losing streak.

Trading activity also picked up, with 1.3 billion shares exchanged compared to 573.6 million shares the day before.

Market capitalization stood at N89.2 trillion across 25,916 deals, as the market eyes a return to the N90 trillion mark.

Leading the gainers were FTNCOCOA, BETAGLASS, VERITASKAP, and UPDC, each rising 10%, while THOMASWY and MCNICHOLS lagged, falling 9.91% and 7.51% respectively.

In terms of volume, ZENITHBANK and FCMB led the market, trading the most shares for the day.

Trading volume 

Market activity picked up, with 1.3 billion shares traded, up from 573.6 million the previous day.

Trading value 

SWOOT & FUGAZ Performance 

Among SWOOTs (Stocks Worth Over One Trillion Naira), performance was mixed:

For the FUGAZ group:  

Market outlook 

The market appears to be recovering after a six-day pullback, marking its first significant daily correction in some time.

If investor sentiment remains positive, the index could be on track to return to 142,000.

Exit mobile version