The Nigerian All-Share Index shattered the 119,000 mark on June 24, 2025, gaining 1,211.17 points to close at 119,790.82.
The Nigerian All-Share Index closed the trading day ended 16th May 2025 in positive territory, gaining 242.71 points to reach a high above 109,710.3.
The number of Nigerian companies valued above $1 billion has risen to 11, as a strong equities rally continues to lift the valuation of the NGX’s largest players.
Oando, a prominent oil and gas company, has reached a market capitalization of N1 trillion, placing it among an exclusive group of companies.
MTN Nigeria recorded a 1.99% gain, representing an equity gain of N81.9 billion on the final trading day of the week.
Airtel Africa Plc posted a 4.76% gain, representing a N376 billion equity gain to boost the NGX to a 0.47% gain today.
TotalEnergies Marketing and Presco posted massive gains today in the NGX, gaining 9.98% and 9.97% respectively.
The Nigerian Exchange started June on a bearish tone, as investors’ sentiments were quite cautionary considering the nationwide strike.
Nestle Nigeria Plc hit the N900 share price as it appreciated by 9.76% today. This marks the first time since April 19 that the stock has closed at the N900 level.
For the second consecutive day, NGX demonstrated bearish trends, marking a decline of 0.77%, with the All-Share Index closing at 97,473.98 points, down from yesterday’s 97,708.74 points.
The NGX All-Share Index wrapped up the trading week on a downward trajectory, shedding 298.41 points to close at 103,437.67 points, marking a decrease from the previous close of 103,736.08 points.
In the first quarter of 2024, stocks worth over one trillion (SWOOTs) listed in the NGX recorded about N17.9 trillion capital gains, as their total market capitalization appreciated by 57.4% from N31.2 trillion to N49.1 trillion.
