The Nigerian stock market closed in positive territory on Wednesday, June 25, with the All-Share Index (ASI) surging by 1,466.87 points to close at 121,257.69, smashing through the 120,000 mark for the first time.
This represents a 1.22% increase from the previous day’s close of 119,790.82, driven by a surge in SWOOTs like International Breweries, Zenith Bank and BUA Cement.
While trading activity saw a slight dip, volume remained strong with 861.6 million shares exchanged, down marginally from 868.6 million in the prior session.