All-Share dips 0.03% regardless of elevated market quantity; ZENITHBANK and GTCO lead buying and selling worth

The Nigerian All-Share Index closed the buying and selling day on April 14, 2025, within the crimson, slipping by 33.72 factors to 104,529.62.

This displays a slight decline of 0.03% from the earlier session’s determine of 104,563.34, regardless of a rise in market quantity.

Every day buying and selling quantity elevated by 12.7%, rising from 379.9 million shares within the prior session to a notable 428.1 million on April 14.

In the meantime, market capitalization, which stood at N65.7 trillion, fell to N65.6 trillion, teetering slightly below the N66 trillion threshold.

Among the many gainers, ABBEYBDS and UPDC distinguished themselves, recording spectacular will increase of 9.95% and 9.82%, respectively.

In distinction, INTENEGINS and CONHALLPLC confronted challenges, struggling declines of 9.76% and eight.33%. Notably, ACCESSCORP and ZENITHBANK led the buying and selling exercise.

Market abstract:

Present ASI: 104,529.62
Earlier ASI: 104,563.34
Day change: -0.03%
Yr-to-date efficiency: +1.59%
Quantity traded: 428.1 million shares
Market cap: N65.6 trillion

Prime 5 gainers:

ABBEYBDS: Up 9.95% to N6.74
UPDC: Up 9.82% to N3.13
GUINEAINS: Up 9.52% to N0.69
VFDGROUP: Up 9.46% to N96.00
SOVRENINS: Up 9.41% to N0.93

Prime 5 losers:

INTENEGINS: Down 9.76% to N1.48
CONHALLPLC: Down 8.33% to N2.75
JAPAULGOLD: Down 7.46% to N1.86
CHAMS: Down 6.98% to N2.00
NEIMETH: Down 6.94% to N2.68

Buying and selling quantity

Every day market quantity grew by 12.7%, rising from 379.9 million shares reported within the earlier buying and selling session to 428.1 million on April 14, 2024.

Main the buying and selling exercise was ACCESSCORP, with a powerful trade of 55.9 million shares.
ZENITHBANK adopted carefully behind, recording 55.4 million shares traded.
FIDELITYBK additionally demonstrated notable exercise with 39 million shares exchanged.
Each UBA and GTCO contributed equally with 33.1 million and 31 million shares, respectively.

Buying and selling worth

When it comes to buying and selling worth, ZENITHBANK emerged as the highest performer, facilitating transactions price N2.7 billion.

GTCO contributed a major N2.1 billion to the every day complete, whereas ACCESSCORP and UBA added N1.1 billion and N1.04 billion, respectively.
FIDELITYBK rounded off the buying and selling worth figures with N725.8 million.

SWOOT and FUGAZ efficiency

Throughout the SWOOTS class, MTNN recorded a achieve of three.57%, whereas OANDO skilled a slight decline of two.56%.

Within the FUGAZ sector, FIRSTHOLD and GTCO recorded no value actions, UBA ended within the crimson, whereas ACCESSCORP and ZENITHBANK climbed by 1.47% and 0.91%.

Market outlook

The All-Share Index stays in a retracement part, positioned beneath the important 105,000 mark.
However, the potential restoration of large- and mid-cap shares might contribute to the stabilization of the index within the coming weeks.