All-Share declines 0.18% amid will increase from LIVESTOCK, VFDGROUP, and different gainers; GTCO tops quantity
On April 9, 2025, the Nigerian All-Share Index concluded the buying and selling day in adverse territory, declining by 189.73 factors to succeed in a closing worth of 104,187.00.
This represents a modest lower of 0.18% in comparison with the day gone by’s determine of 104,376.73, from which the index had beforehand gained.
Every day market quantity additionally skilled a decline, reducing by 18.23% from 460.5 million shares traded the prior day to 376.6 million shares.
Moreover, market capitalization slipped to N65.4 trillion throughout 11,576 transactions, down from N65.5 trillion at which the index had closed the day gone by.
Among the many gainers, LIVESTOCK and VFDGROUP distinguished themselves, every recording a rise of 10.00% to steer the gainers’ desk.
In distinction, HMCALL and LEARNAFRCA confronted challenges, each experiencing declines of 10.00%. Notably, GTCO and ACCESSCORP emerged as leaders in buying and selling exercise, with substantial transaction volumes.
Market abstract:
- Present ASI: 104,187.00
- Earlier ASI: 104,376.73
- Day change: -0.18%
- 12 months-to-date efficiency: +1.22%
- Quantity traded: 376.6 million shares
- Market cap: N65.4 trillion
High 5 gainers:
- LIVESTOCK: Up 10.00% to N8.03
- VFDGROUP: Up 10.00% to N72.60
- NGXGROUP: Up 9.86% to N35.65
- WAPIC: Up 9.60% to N1.94
- UNIONDICON: Up 9.48% to N6.35
High 5 losers:
- HMCALL: Down 10.00% to N5.22
- LEARNAFRCA: Down 10.00% to N2.97
- ETI: Down 9.90% to N26.85
- PZ: Down 9.88% to N30.10
- UNILEVER: Down 9.75% to N34.70
Buying and selling quantity
The day by day market quantity skilled a decline, reducing by 18.23% from 460.5 million shares traded the day gone by to 376.6 million shares.
- Main the buying and selling exercise was GTCO, with a powerful alternate of 62.8 million shares.
- ACCESSCORP adopted intently behind, recording 51.3 million shares traded.
- ZENITHBANK additionally demonstrated notable exercise, with 32.3 million shares exchanged.
- Each UBA and MBENEFIT contributed equally, with 22.5 million and 18.1 million shares, respectively.
Buying and selling worth
When it comes to buying and selling worth, GTCO emerged as the highest performer, facilitating transactions value N4.09 billion.
- ZENITHBANK contributed a major N1.5 billion to the day by day complete, whereas MTNN and ACCESSCORP added N1.1 billion and N1.05 billion, respectively.
- UBA rounded off the buying and selling worth figures with N775.1 million.
SWOOT and FUGAZ efficiency
Inside the SWOOTS class, OANDO recorded a acquire of 6.58%, whereas WAPCO skilled a slight decline of 0.35%.
- Within the FUGAZ sector, UBA dipped by 2.58%, FIRSTHOLD slipped by 2.38%, and GTCO fell by 1.74%.
- ZENITHBANK, nevertheless, soared by 3.30%.
- ACCESSCORP reported no value actions.
Market outlook:
The All-Share Index stays in a retracement section, positioned beneath the vital 105,000 mark. Nonetheless, the potential restoration of large- and mid-cap stocks could contribute to the stabilization of the index within the coming weeks.
