Nigerian Stock Market Sustains Bullish Momentum with ASI Rising by 0.18%
The Nigerian stock market maintained its upward trajectory on Tuesday, as the All-Share Index (ASI) rose by 0.18%, closing at 114,820.86 points—an increase from the previous day’s 114,616.75 points.
Market capitalisation also reflected the positive sentiment, climbing by 0.18% to settle at ₦72.404 trillion. This marked a ₦129 billion boost from the previous close of ₦72.275 trillion.
A total of 652.6 million shares changed hands in 23,978 transactions, bringing the market turnover to ₦18.9 billion.
The session ended with a positive market breadth, as 35 stocks recorded gains, outpacing the 25 equities that posted losses.
Top Gainers
DAAR Communications, Berger Paints, and ETRANZACT were the standout performers, each gaining 10.00% to close at ₦0.66, ₦22.55, and ₦6.60, respectively—up from ₦0.50, ₦20.50, and ₦6.00.
Other notable risers included Legend Internet, OMATEK, and VITAFOAM, which appreciated by 9.93%, 8.22%, and 8.00%, respectively.
Top Losers
On the flip side, RT Briscoe led the list of laggards, dropping 10.00% to close at ₦2.25, down from its previous price of ₦2.50.
JOHN HOLT, Beta Glass, and Aradel also recorded notable losses, declining by 9.87%, 9.69%, and 9.09%, respectively.
Most Active Stocks
ACCESSCORP was the most traded stock of the day, with approximately 88 million units exchanged in 1,493 deals, totalling ₦1.97 billion in value.
Zenith Bank followed closely, recording a turnover of about 49.3 million shares across 1,387 deals, valued at ₦2.52 billion.
GTCO also saw significant activity, with 47 million shares traded in 963 deals, amounting to ₦3.34 billion.
