The Nigerian stock market climbed closer to the 110,000 mark on May 16, despite a steep drop in volume.
The All-Share Index (ASI) gained 0.22% to close at 109,710.37 on May 16, 2025, up 242.71 points. Market capitalization rose slightly to N68.9 trillion, while trading volume dropped 40.8% to 431.7 million shares.
Top Gainers
NNFM, TRANSEXPR, CHAMPION, and HONYFLOUR hit +10%. BETAGLAS rose 9.99%.
Top Losers
INTENEGINS (-9.57%) and MULTIVERSE (-9.55%) led declines.
Most Traded
Volume: ACCESSCORP (32M), GTCO (30.8M), AIICO (28.9M)
Value: GTCO (N2.09B), ACCESSCORP (N739.6M), ZENITHBANK (N735.1M)
SWOOTs & FUGAZ
LAFARGE (+1.92%), INTBREW (+0.53%), FIDELITYBK (-0.95%)
ACCESSCORP (+6.82%), FIRSTHOLD (+0.40%), GTCO (-0.80%)
The ASI eyes 110,000 as mid- and large-cap momentum remains strong.
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