All-Share Index dips 0.44%, ends three buying and selling days within the pink; TANTALIZER and UHOMREIT shine 

The Nigerian All-Share Index declined by 467.77 factors, closing at 106,436.48 on March 5, 2025, thereby marking three consecutive buying and selling days within the pink.

This decline displays a 0.44% drop from the day gone by’s shut of 106,904.25, coinciding with a lower in buying and selling quantity.

Every day buying and selling quantity additionally fell barely to 389.5 million shares, in comparison with 395.4 million the day earlier than, indicating a 1.49% discount.

Market capitalization decreased to N66.6 trillion throughout 11,423 transactions, down from the N66.9 trillion reported beforehand.

Among the many gainers, TANTALIZER and UHOMREIT noticed will increase of 9.64% and eight.84%, respectively. In distinction, CAVERTON and CONHALLPLC skilled declines of 10.00% and 9.87%, respectively.

Notably, FIDELITYBK and ACCESSCORP led buying and selling exercise, considerably contributing to the general buying and selling quantity.

Market abstract

• Present ASI: 106,436.48 factors
• Earlier ASI: 106,904.25 factors
• Day Change: -0.44%
• Yr-to-Date Efficiency: +3.41%
• Quantity Traded: 389.5 million shares
• Market Cap: N66.6 trillion

High 5 gainers

• TANTALIZER: up 9.64% to N2.16
• UHOMREIT: up 8.84% to N52.95
• CHAMPION: up 7.69% to N4.20
• CWG: up 5.70% to N8.35
• DEAPCAP: up 5.56% to N0.95

High 5 losers

• CAVERTON: down 10.00% to N2.52
• CONHALLPLC: down 9.87% to N3.56
• ETERNA: down 9.66% to N34.15
• FTNCOCOA: down 9.52% to N1.52
• LINKASSURE: down 9.09% to N1.20

Buying and selling quantity  

Every day buying and selling quantity skilled a slight decline, lowering to 389.5 million shares from 395.4 million traded the day gone by, marking a 1.49% drop.

• FIDELITYBK led buying and selling exercise with 47.9 million shares exchanged, intently adopted by ACCESSCORP with 35.6 million shares.
• UBA additionally carried out nicely, buying and selling 29 million shares. Moreover, JAIZBANK and ZENITHBANK contributed 27 million and 21.6 million shares, respectively, to the general buying and selling quantity.

Buying and selling worth

• When it comes to buying and selling worth, OKOMUOIL stood out as the highest performer, facilitating transactions totaling N2.5 billion. ZENITHBANK adopted swimsuit, contributing N1 billion to the day by day whole.
• UBA and ACCESSCORP added N1 billion and N853.8 million, respectively, whereas FIDELITYBK rounded out the buying and selling figures with N803.4 million.

SWOOT and FUGAZ efficiency   

Throughout the SWOOT class, worth motion remained stagnant with no actions noticed.

• Within the FUGAZ class, ZENITHBANK noticed a decline of 1.78%, adopted by GTCO, which misplaced 0.85%. FBNH additionally skilled a lower of 0.35%.
• Conversely, UBA gained 0.84%, whereas ACCESSCORP remained unchanged at 0.00%.

Market outlook   

The All-Share Index seems to be coming into a retracement section, having declined for 3 consecutive days and slipping beneath the 107,000-threshold.

• A pullback after consecutive declines could current alternatives for buyers to enter at decrease costs.
• If the index shouldn’t be thought of overbought, this might result in a possible upward rally