The Nigerian All-Share Index elevated by 344.24 factors, closing at 106,780.72 on March 6, 2025, marking the top of a three-day shedding streak that started earlier within the week.
This represents a modest 0.32% rise from the day before today’s shut of 106,426.48, regardless of a slight decline in buying and selling quantity.
Day by day buying and selling quantity fell to 375.6 million shares, down 3.67% from 389.5 million shares the day earlier than.
Market capitalization, nonetheless, rose to N66.8 trillion throughout 11,447 transactions, in comparison with the N66.6 trillion reported beforehand.
Among the many notable gainers, TRANSCORP and SCOA elevated by 9.98% and 9.88%, respectively. Conversely, SUNUASSUR and MRS noticed declines of 10.00% every.
GTCO and ACCESSCORP led buying and selling exercise, contributing considerably to the general quantity for the day.
Market Abstract
- Present ASI: 106,780.72 factors
- Earlier ASI: 106,436.48 factors
- Day Change: +0.32%
- 12 months-to-Date Efficiency: +3.74%
- Quantity Traded: 375.6 million shares
- Market Cap: N66.8 trillion
High 5 gainers
- TRANSCORP: up 9.98% to N51.80
- SCOA: up 9.88% to N3.78
- AFRIPRUD: up 9.87% to N30.60
- TANTALIZER: up 9.72% to N2.37
- CAVERTON: up 9.52% to N2.76
High 5 losers
- SUNUASSUR: down 10.00% to N4.77
- MRS: down 10.00% to N166.50
- REDSTAREX: down 10.00% to N5.94
- LASACO: down 7.99% to N2.65
- UPDC: down 6.76% to N2.62
Buying and selling quantity
Market quantity dipped barely to 375.6 million shares from 389.5 million the day before today, reflecting a 3.67% lower.
- GTCO led buying and selling exercise with 49.9 million shares exchanged, intently adopted by ACCESSCORP at 43.8 million shares.
- ZENITHBANK additionally carried out effectively, buying and selling 36.5 million shares.
- Moreover, FIDELITYBK and UBA contributed 27.1 million and 19.4 million shares to the general quantity, respectively.
Buying and selling worth
By way of buying and selling worth, GTCO emerged as the highest performer, facilitating transactions price N2.9 billion.
ZENITHBANK contributed N1.7 billion to the day by day whole, whereas ACCESSCORP and UBA added N1 billion and N705.1 million, respectively.
FIDELITYBK rounded out the buying and selling figures with N468.6 million.
SWOOT and FUGAZ efficiency
Inside the SWOOT class, value motion remained stagnant, exhibiting no actions.
- Within the FUGAZ class, FBNH skilled a slight decline of 0.35%, whereas ACCESSCORP misplaced 0.21%.
- On a optimistic notice, UBA gained 2.78%, GTCO elevated by 0.85%, and ZENITHBANK rose by 0.64%.
Market outlook
The All-Share Index seems to be in a retracement section, having declined for 3 consecutive days earlier than staging a 344-point correction.
This pullback could supply alternatives for traders trying to enter at decrease costs. If the index is just not thought of overbought, it might set the stage for a possible upward rally.
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