Nigeria’s stock market experienced a notable rebound on December 11, 2025, with the All-Share Index (ASI) climbing by 0.74% to close at 147,950.59 points. This gain added 1,088.58 points to the previous day’s closing figure, signaling renewed investor confidence. The market capitalization also saw an increase, reaching approximately N94.3 trillion.
Despite the positive movement in the index, overall market activity saw a slight decrease in trading volume. Daily trading volume fell to 529 million units, a reduction from the 747 million units traded in the preceding session. This suggests a shift in trading patterns, with fewer individual shares changing hands, though the value of transactions remained robust.
Leading the advancers’ chart were Berger Paints and Japaulgold, both surging by an impressive 9.88%. These companies demonstrated significant upward momentum, contributing to the broader market’s positive trajectory. Other notable gainers included Morison, PZ, and Legend International, reflecting a broad-based uplift across various sectors.
Conversely, John Holt and Champion Plc were among the top decliners, experiencing drops of 9.26% and 7.86%, respectively. These movements highlight the inherent volatility within the market, where significant gains can be offset by notable losses in other listed equities.
In terms of trading volume, Access Corporation and FCMB emerged as the most active stocks, dominating the day’s transactions. Access Corporation traded 156.3 million shares, followed by FCMB with 74.5 million shares. This indicates substantial investor interest and liquidity in these particular counters.
The market’s upward trend brings it closer to recovering from a late November dip that saw the ASI approach the 143,000 mark. Analysts suggest that sustained buying interest in mid- and large-cap stocks could propel the index towards the 150,000 level, indicating a potentially bullish outlook for the near future.
Examining the performance of Stocks Worth Over One Trillion Naira (SWOOTs), Nigerian Breweries advanced by 7.57% and MTNN saw a 4.91% increase. However, some FUGAZ names experienced minor declines, with First Holdings, UBA, Access Corporation, GTCO, and Zenith Bank all registering small losses, underscoring sector-specific performance variations.
The market capitalization reaching N94.3 trillion signifies a substantial increase in the overall value of listed equities. This growth, coupled with the rebound in the ASI, suggests a positive sentiment among investors and a healthy recovery phase for the Nigerian stock exchange.
Keywords: Nigerian stock market, All-Share Index, Berger Paints, Japaulgold, market capitalization, trading volume, Access Corporation, FCMB, stock market rebound, Nigerian equities

