BERGER Paints, JAPAULGOLD Lead Gains as Nigerian All-Share Index Rebounds to N94 Trillion

The Nigerian All-Share Index (ASI) surged on December 11, 2025, closing at 147,950.59 points, a gain of 1,088.58 points or 0.74% from the previous session’s 146,861.98. The rebound comes as investor sentiment strengthens, even amid a slight decline in overall market activity. Market capitalization rose to N94.3 trillion across 18,159 deals, up from N93.6 trillion, signaling renewed confidence in the equities market.

JAPAULGOLD and BERGER Paints led the gainers’ chart, each climbing 9.88%, while MORISON, PZ, and LEGENDINT followed with notable gains. On the downside, JOHN HOLT and CHAMPION fell sharply by 9.26% and 7.86%, respectively, reflecting sector-specific pressures. The session’s performance shows a mixed but predominantly bullish market environment.

Daily trading volume eased to 529 million shares from the previous session’s 747 million, indicating a softer trading pace. ACCESSCORP dominated activity with 156.3 million shares traded, followed by FCMB at 74.5 million and FIDELITYBK at 42.9 million. In terms of transaction value, ACCESSCORP again led with N3.1 billion, highlighting investor interest in blue-chip stocks.

Stocks Worth Over One Trillion Naira (SWOOTs) experienced bullish momentum, with NIGERIAN BREWERIES rising 7.57% and MTNN climbing 4.91%. Conversely, FUGAZ names saw slight declines, including FIRSTHOLD (-1.1%), UBA (-0.62%), and ACCESSCORP (-0.49%). This divergence reflects selective investor confidence, focusing on large-cap leaders while cautioning against mid-tier exposure.

The ASI appears poised for further recovery after dipping toward 143,000 in late November. Analysts note that sustained buying interest across mid- and large-cap stocks could drive the index toward the 150,000 mark, offering cautious optimism for investors. If momentum continues, the market may sustain a bullish trend through the final weeks of 2025.

source: nairametrics