On April 16, 2025, the Nigerian All‑Share Index slipped beneath the 104,000 threshold, closing the session at 103,851.88 after shedding 708.14 points—a 0.68% decline from the prior day’s finish of 104,560.02. Market turnover eased in line with the downturn, as traded volume fell from 368.7 million shares to 351.6 million.
The market’s total capitalization contracted by ₦500 billion, settling at ₦65.2 trillion across 12,141 deals, down from ₦65.7 trillion. In the gainers’ column, ABBEYBDS led with a 9.99% jump to ₦8.15, trailed by SOVRENINS (+7.69% to ₦0.98), NGXGROUP (+7.30% to ₦33.80), FIDELITYBK (+6.74% to ₦18.20) and DEAPCAP (+6.67% to ₦0.96).
Conversely, IMG was the worst performer, plunging 10.00% to ₦34.20, followed by GUINEAINS (-9.52% to ₦0.57), UPDCREIT (-8.20% to ₦5.60), DAARCOMM (-7.94% to ₦0.58) and CILEASING (-7.89% to ₦3.50).
On the volume front, ACCESSCORP dominated with 68.2 million shares traded, while GTCO recorded 36.7 million and FCMB 28.7 million. UBA and CHAMS also featured among the busiest counters, exchanging 26.3 million and 24.6 million shares respectively. In terms of value, GEREGU topped the list with ₦5.1 billion in transactions; GTCO followed with ₦2.1 billion, ACCESSCORP with ₦1.4 billion, UBA with ₦830.8 million and ZENITHBANK with ₦616.9 million.
Sector indices painted a mixed picture: in SWOOTS, OANDO dipped 0.90%, while within FUGAZ, ZENITHBANK and GTCO fell by 3.93% and 1.58%. FIRSTHOLD bucked the trend, rising 2.46%, as ACCESSCORP and UBA gained marginally. With the ASI now entrenched in a retracement phase, observers will look to renewed demand in large‑ and mid‑caps to stabilize the market in the sessions ahead.
