Market Wrap: All-Share Index rises 0.02%; CAVERTON shines, WEMABANK tops volume 

The All-Share Index experienced positive price action on January 20, 2025, gaining 16.68 points to close the trading day at 102,370.36.

This reflects a slight uptick of 0.02% from Friday’s close of 102,353.68, as trading volume saw a remarkable increase.

The volume surged by 304%, rising from 327 million shares the day before to an impressive 1.3 billion shares.

Market capitalization remained steady at N62.8 trillion over 13,891 transactions, nearing the significant N63 trillion milestone.

Noteworthy individual performances included CAVERTON, WAPIC, and SCOA, which recorded substantial gains of 10.00%, 9.91%, and 9.68%, respectively.

In contrast, EUNISELL and JOHNHOLT emerged as the notable decliners, posting losses of 9.99% and 9.63%.

Overall, market activity reflected a modest increase, with WEMABANK and UNIVINSURE leading the trading charts as the most actively traded stocks, making significant contributions to the day’s overall turnover.

Market summary       

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Market Wrap: All-Share Index rises 0.02%; CAVERTON shines, WEMABANK tops volume 

 

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