Market Wrap: All-Share Index gains 0.09%, NNFM and DANGSUGAR soar 

The Nigerian stock market experienced a slight recovery on January 16, 2025, with the All-Share Index rising by 87.11 points to close at 102,183.06.

This marked a slight increase of 0.09% from the previous day’s close of 102,095.95, breaking a four-day streak of losses.

Trading volume increased by 8%, reaching 472 million shares compared to 428 million the day before.

Market capitalization edged up to N62.3 trillion, a small increase from N62.2 trillion, maintaining its position above the N62 trillion mark.

On the gainers’ side, NNFM and DANGSUGAR saw increases of 10.00% and 9.91%, respectively. However, LIVESTOCK and EUNISELL led the decliners with losses of 10.00% and 9.97%.

Market activity was moderate, with GTCO and UNIVINSURE being the most actively traded stocks, contributing notably to the overall turnover.

Market summary     

  • Current ASI: 102,183.06 points
  • Previous ASI: 102,095.95 points
  • Day Change: +0.09%
  • Year-to-Date Performance: -0.72%
  • Volume Traded: 472 million…
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Market Wrap: All-Share Index gains 0.09%, NNFM and DANGSUGAR soar 

 

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