The Nigerian stock market achieved a significant milestone on Friday, June 13, 2025, as the Nigerian All-Share Index (ASI) climbed 770.43 points, closing at 115,429.54.

This marks a 0.67% daily gain and the first time the index has crossed the 115,000 mark, driven largely by a 7.53% rally in BUA Cement, a heavyweight in the market.

Market Performance Highlights

  • Previous ASI: 114,659.11
  • Current ASI: 115,429.54
  • Day Change: +0.67%
  • Year-to-Date (YTD) Performance: +12.15%

Market Capitalization: ₦72.8 trillion, maintaining its lead above the ₦72 trillion threshold

Top Gainers

Several stocks hit their daily upward limit of 10%, underscoring bullish sentiment across select sectors:

  • MAYBAKER, +10.00%, closed at ₦15.40      
  • LIVING TRUST, +10.00%, closed at ₦5.72      
  • INFINITY, +10.00%, closed at ₦7.70     
  • STANBIC,  +9.98% closed at ₦79.35     
  • MRS +9.94%, closed at ₦155.90     

Top Losers

On the downside, a few stocks registered steep losses:

  • NNFM, -10.00%, closed at ₦112.55     
  • CONOIL, -9.99%, closed at ₦241.50    
  • ENAMELWA,  -9.98%, closed at ₦18.50   
  • UPL, -9.84%, closed at ₦5.50     
  • JOHNHOLT, -9.49%, closer at ₦6.20     

 

Trading Activity Surges

Trading activity witnessed a remarkable increase:

Volume traded: 933.1 million shares, nearly double the 471 million traded in the previous session

Total deals: 20,500

 

Top 5 Most Traded Stocks (by Volume):

  • TANTALIZERS, 420.4           
  • GTCO, 35.4           
  • ZENITHBANK, 34.7        
  • CWG, 29.8            
  • FIRSTHOLDCO, 27.2    

Top 5 Most Traded Stocks (by Value):

  • GTCO,  2.5 billion        
  • ZENITHBANK, 1.7 billion         
  • STANBIC, 1.4 billion      
  • OANDO,  1.02 billion           
  • TANTALIZERS, 0.946  billion            

 

Sector Watch: SWOOTs & FUGAZ

SWOOTs (Stocks Worth Over One Trillion Naira): 

  • BUA CEMENT, +7.53%  
  • MTNN, +1.56%  
  • International Breweries,  +0.95%  
  • Nigerian Breweries, -0.76% 

FUGAZ Banking Giants:

  • UBA, +1.69%   
  • GTCO, +0.70%  
  • ACCESSCORP, +0.45% 
  • ZENITHBANK, +0.20% 
  • FIRSTHOLDCO, -5.37%  

Market outlook

The All-Share Index’s breakthrough above 115,000 reflects sustained bullish momentum in mid- and large-cap stocks. 

Analysts believe that if current trends persist, the market could be poised to test the 120,000 level in the coming sessions.

 

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By Victor Bassey

Victor is an oil and gas reporter for Bavijas. He is based in Akwa Ibom, Nigeria.

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