The Nigerian All-Share Index skilled a modest improve of 83.31 factors, closing at 106,621.91 on March 10, 2025, signaling a constructive begin to the week.
This uptick displays a 0.08% rise from the day past’s shut of 106,538.60, pushed by a noticeable improve in buying and selling quantity.
Day by day buying and selling quantity climbed to 364.9 million shares, marking a 4.52% rise from the 349.1 million shares traded on the finish of Friday’s session.
Regardless of this slight acquire, market capitalization remained regular at N66.7 trillion throughout 14,565 transactions, because the All-Share Index maintained its maintain above the N66 trillion mark.
Among the many standout performers, ETERNA and TRANSCORP surged by 9.96% and 9.91%, respectively.
In distinction, VFDGROUP and INTENEGINS skilled declines of 9.92% and eight.72%, respectively. FIDELITYBK and ACCESSCORP dominated buying and selling exercise, making vital contributions to the day’s total quantity.
Market abstract
- Present ASI: 106,621.91 factors
- Earlier ASI: 106,538.60 factors
- Day Change: +0.08%
- Yr-to-Date Efficiency: +3.59%
- Quantity Traded: 364.9 million shares
- Market Cap: N66.7 trillion
High 5 gainers
- ETERNA: up 9.96% to N37.55
- TRANSCORP: up 9.91% to N51.55
- FCMB: up 9.89% to N10.00
- AFRIPRUD: up 9.85% to N36.25
- ABCTRANS: up 8.67% to N1.63
High 5 losers
- VFDGROUP: down 9.92% to N47.20
- INTENEGINS: down 8.72% to N1.78
- CADBURY: down 8.00% to N23.00
- CORNERST: down 7.89% to N2.92
- HONYFLOUR: down 7.06% to N12.50
Buying and selling quantity
Day by day buying and selling quantity surged to 364.9 million shares, reflecting a sturdy improve of 4.52% from the 349.1 million shares traded on the finish of Friday’s session.
- FIDELITYBK dominated the buying and selling panorama with a exceptional 56.4 million shares exchanged, carefully trailed by ACCESSCORP, which recorded 30.4 million shares.
- ZENITHBANK additionally confirmed a powerful efficiency, buying and selling 27.6 million shares.
- Moreover, AFRIPRUD and UBA contributed to the full with 23.3 million and 13.1 million shares, respectively.
Buying and selling worth
By way of buying and selling worth, GEREGU stood out because the main performer, facilitating spectacular transactions price N9.4 billion.
- ZENITHBANK added N1.3 billion to the day by day complete, whereas FIDELITYBK and AFRIPRUD contributed N970.8 million and N834.1 million, respectively.
- ACCESSCORP rounded off the buying and selling worth figures with N725.4 million.
SWOOT and FUGAZ efficiency
Within the SWOOT class, OANDO confronted a setback, declining by 3.57%, whereas WAPCO slipped by 1.33%.
- Inside the FUGAZ sector, FBNH recorded a slight dip of 0.35%, and UBA fell by 0.92%.
- Conversely, there have been vibrant spots: ACCESSCORP loved a acquire of 2.31%, and ZENITHBANK edged up by 0.42%.
Market outlook
Wanting forward, the All-Share Index could also be poised for correction following the bearish motion of the earlier week, which noticed it drop under the 107,000-mark.
If the market is deemed not overbought, it may current alternatives for buyers looking for to capitalize on decrease entry costs.
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