Nigerian Inventory Market hits new document as June rally pops

The All-Share Index broke new floor this week, hovering above the 114,500 mark to shut at 114,616.75 on June 5, 2025, sealing the primary buying and selling week of the month firmly in optimistic territory.

The index posted 4 consecutive days of beneficial properties, ending the week up 2.57% and bringing its year-to-date efficiency to 11.36% as of the shut of buying and selling on Thursday, June 5, 2025.

This bullish stride was accompanied by a surge in market exercise, as buying and selling quantity maintained 3 billion shares, signaling stronger investor participation and a transparent tilt towards the purchase facet.

On the coronary heart of this rally have been choose heavyweight shares, whose sheer dimension and affect on the index performed a central position in propelling the market upward. As these shares appreciated, they collectively powered the index rise.

Listed below are the heavyweight shares that led to the rally. For emphasis, the market capitalization of every appreciating inventory is included in brackets beside the inventory identify.

Beneath 10% gainers

ACCESSCORP (N1.23 trillion) led the pack amongst heavyweight shares with weekly beneficial properties below 10%, rising by 5.45%. With a market capitalization of N1.23 trillion, the inventory noticed its strongest efficiency on Thursday, leaping over 5% to shut at N23.20.

GTCO (N2.39 trillion) adopted carefully, posting a 4.55% acquire to finish the week at N70.05, whereas ARADEL (N2.38 trillion) climbed 3.77% to shut at N550.59.

Additionally within the 3% bracket have been key banking gamers UBA (N1.47 trillion), which superior 3.75% at N36.00, and ZENITHBANK (N2.08 trillion), up 3.57% to settle at N50.75.

In the meantime, cement big LAFARGE (N1.38 trillion) edged up modestly by 0.88%, closing the week at N86.00.

Notably, most of those heavyweight gainers noticed their upward motion later within the week, significantly on Thursday, aside from GTCO, which confirmed energy earlier with beneficial properties on each Tuesday and Wednesday.

Over 10% gainers

Though nonetheless under the N1 trillion mark, OANDO gained 25.77% to shut the week at N56.85, pushing its market capitalization to N706.7 billion.

FBN Holdings noticed a 17.60% enhance, closing at N29.40 and taking its market cap to N1.23 trillion.

Telecom big MTN Nigeria (MTNN) rose 13.96% to complete at N319.20, lifting its market capitalization to N6.70 trillion.

Worldwide Breweries superior 12.89%, ending the week at N10.95, with its market cap rising to N1.84 trillion.

What the rally implies:

Sustained bullish momentum in heavyweight Nigerian shares might proceed to elevate the All-Share Index, doubtlessly extending its beneficial properties for the yr.

In 2024, the index surged to a powerful year-to-date return of 37.65%, a mark it has but to revisit, at present standing at 11.36% year-to-date.

But, the market’s sturdy pulse is simple. With weekly buying and selling volumes surpassing 3 billion shares and widespread shopping for curiosity throughout each large- and mid-cap shares, investor participation seems each deep and broad.