Nigerian Stock Market Rebounds, ASI Reclaims 104,000 Mark

Nigerian Stock Market Rebounds, ASI Reclaims 104,000 Mark
Share this:



The Nigerian All-Share Index (ASI) closed at 104,242.40 on Thursday, April 17, 2025—up 0.38% from the previous day, marking a return above the 104,000 threshold. Market capitalization rose to ₦65.4 trillion, and trading volume increased by 7% to 376.2 million shares across 11,204 transactions.

Top Gainers:

ABBEYBDS: +9.94% to ₦8.96

NB: +9.86% to ₦3.25

ABCTRANS: +9.23% to ₦1.42

LIVESTOCK: +9.20% to ₦9.50

ETI: +8.94% to ₦29.25


Top Losers:

SUNUASSUR: –9.91% to ₦5.00

ELLAHLAKES: –9.76% to ₦3.05

CORNEST: –9.44% to ₦2.59

SOVRENINS: –9.18% to ₦0.89

UNIVINSURE: –7.55% to ₦0.49


Trading Volume Leaders:

UNIVINSURE: 89.2M shares

FIDELITYBK: 49.5M

ACCESSCORP: 32.8M

ZENITHBANK: 15.5M

NB: 15.4M


Top in Trading Value:

MTNN: ₦1.4B

FIDELITYBK: ₦915.9M

ACCESSCORP: ₦715.3M

GTCO: ₦706.2M

ZENITHBANK: ₦685.4M


Sector Watch – SWOOT & FUGAZ:

OANDO led SWOOTs with +6.24% gain.

MTN slipped by –0.41%.

ACCESSCORP and UBA gained 2.79% and 1.26%, respectively.

GTCO and ZENITHBANK stayed flat.

FIRSTHOLD declined by 1.60%.


Market Outlook:
Despite the positive close, analysts anticipate a retracement phase. Sustained recovery in large- and mid-cap stocks will be key to maintaining momentum above 104,000 ASI.


Discover more from DiutoCoinNews

Subscribe to get the latest posts sent to your email.

Leave a Comment

Comments

No comments yet. Why don’t you start the discussion?

    Leave a Reply

    Your email address will not be published. Required fields are marked *