The Nigerian All-Share Index (ASI) delivered an impressive performance on December 13, 2024, surging by 617.69 points to close at 99,378.28—a 0.63% gain. This milestone marks another step toward the anticipated 100,000-point threshold.
Trading activity was brisk, with 534 million shares changing hands, a 9% uptick compared to the previous session.
Market capitalization also climbed higher, breaking into the N60 trillion territory and settling at N60.2 trillion, supported by 8,464 recorded transactions.
The gainers’ chart was dominated by CAVERTON, IKEJAHOTEL, and ARADEL, all advancing by the daily maximum of 10.00%, showcasing investor confidence in these equities.
On the flip side, AUSTINLAZ led the laggards with a 10.00% drop, followed by ABCTRANS, which declined by 8.00%, signaling mixed sentiment across the board.
In terms of trading volume, JAPAULGOLD and ETRANZACT stood out as the most traded stocks, drawing significant investor interest and contributing to the day’s robust…