All-Share slips under 105,000-threshold, declines by 0.44%; TRANSPOWER and ZENITHBANK lead in buying and selling worth

The All-Share Index closed the buying and selling day on March nineteenth, 2025, within the crimson, dropping 460.56 factors to complete at 104,915.13.

This represents a 0.44% decline from the earlier shut of 105,375.69, because the index slipped under the 105,000 threshold.

In distinction to this decline, day by day buying and selling quantity elevated sharply, rising from 349.9 million shares traded the day earlier than to 1.3 billion shares.

Nevertheless, market capitalization additionally declined, slipping under the N66 trillion mark to shut at N65.7 trillion, with a complete of 12,012 offers accomplished.

On the gaining aspect, JBERGER and OMATEK recorded will increase of 8.47% and 6.15%, respectively. Conversely, LIVESTOCK and ETRANZACT noticed losses of 10.00% and 9.40%.

When it comes to buying and selling quantity, SOVRENINS and FIDELITYBK led the market, exchanging the very best variety of shares.

Market abstract
Present ASI: 104,915.13 factors
Earlier ASI: 105,375.69 factors
Day Change: -0.44%
Yr-to-Date Efficiency: +1.92%
Quantity Traded: 1.3 billion shares
Market Cap: N65.7 trillion
High 5 gainers
JBERGER: up 8.47% to N137.00
OMATEK: up 6.15% to N0.69
UPDC: up 2.69% to N3.05
WEMABANK: up 2.43% to N10.55
UNILEVER: up 2.12% to N38.50
High 5 losers
LIVESTOCK: down 10.00% to N8.46
ETRANZACT: down 9.40% to N5.30
WAPIC: down 9.27% to N2.35
MRS: down 8.99% to N178.00
MAYBAKER: down 8.05% to N8.00

Buying and selling quantity

Regardless of the unfavourable value motion, day by day buying and selling quantity surged considerably, leaping from 349.9 million shares the day prior to this to 1.3 billion.

SOVRENINS emerged as a key participant, main the pack with a powerful 1 billion shares exchanged.
FIDELITYBK adopted carefully, recording 42.7 million shares traded.
ACCESSCORP additionally demonstrated a powerful efficiency with 30.6 million shares.
JAIZBANK and ZENITHBANK contributed 23.9 million and 21.6 million shares, respectively.

Buying and selling worth

When it comes to buying and selling worth, TRANSPOWER was the standout performer, facilitating transactions value N3.4 billion.
ZENITHBANK added N1 billion to the day by day whole, whereas SOVRENINS and MTNN contributed N989 million and N843.4 million, respectively.
FIDELITYBK rounded out the buying and selling worth figures with N723.1 million.

SWOOT and FUGAZ efficiency

Inside the SWOOT class, OANDO and ARADEL skilled declines of 4.55% and a pair of.43%, respectively.

Within the FUGAZ sector, UBA skilled a decline of three.10%, whereas ACCESSCORP fell by 3.45%.
FIRSTHOLD dropped 2.33%, GTCO misplaced 0.83%, and ZENITHBANK shed 0.52%.

Market outlook

The All-Share Index is in a retracement section because it ends 4 consecutive buying and selling days within the crimson.

If the market just isn’t deemed overbought, this atmosphere may current engaging alternatives for buyers in search of to purchase at decrease costs.