The Nigerian stock market experienced a slight dip on Tuesday, as the All-Share Index fell by 249.42 points, closing at 103,398.82.
This 0.24% decline occurred despite increased trading activity, indicating mixed investor sentiment.
The Nigerian stock market recorded its highest trading volume of the year, with 1.1 billion shares traded—an increase of 30% from the previous day’s 855 million shares.
Market capitalization saw a slight decline dropping to N63 trillion from N63.1 trillion across 16,617 transactions.
However, ABBEYBDS and PZ stood out with a 10.00% increase, showing some investor interest in those stocks.
RTBRISCOE led the market decline, falling by 10.00%, followed closely by VERITASKAP, which also dropped by 10.00%.
The session saw strong market participation, with FBNH and AIICO being the most actively traded stocks, significantly contributing to the day’s turnover.
Top 5 gainers include: ABBEYBDS, PZ, LEARNAFRCA, NCR and NGXGROUP
Top 5 losers include RTBRISCOE, VERITASKAP,
FTNCOCOA, SUNUASSUR and CORNERST
FBNH led the market in trading value on January 7, 2025, with transactions amounting to N4.7 billion, indicating strong investor interest.
ACCESSCORP followed with N1.2 billion in trades, while GTCO and OANDO contributed N1.1 billion and N984.2 million, respectively.
