Equity Investors Gain N516bn as NGX Index Rises 40bps
Equity investors gained about N516 billion as the Nigerian Exchange (NGX) All-share index rose by 40 basis points or 0.40%, recovering from the previous day’s sell-offs.
The Nigerian equity market closed trading activities for today on a positive note, as key market performance indicators appreciated by 0.40%.
The market rally, which concluded trading activities for the month of March, indicated fresh bargain hunting in selective medium and large-cap stocks across major market sectors.
Specifically, the market index or All-Share Index added 803.35 basis points in today’s trading session, reflecting a 0.40% increase to close at 201,287.78. Likewise,
Market capitalisation increased by ₦515.68 billion, or 0.40%, to close at ₦129.21 trillion on the last trading session in the first quarter of 2026.
Additionally, market activities were up today, stockbrokers reported. The total volume of all trades and their total value increased by +44.45% and +3.16%, respectively.
According to Atlass Portfolio Limited, approximately 855.41 million units valued at ₦27,032.29 million were transacted across 53,016 deals.
WEMABANK topped the volume chart, accounting for 20.94% of NGX volume, followed by VFDGROUP (11.78%), NSLTECH (6.75%), CHAMS (4.38%), and ACCESSCORP (3.16%).
MTNN led the value chart, accounting for 25.64% of all trade value. MULTIVERSE led the gainers chart, up by +9.88%, trailed by INTENEGINS (+9.49%), CHAMS (+8.40%), MTNN (+5.85%), PZ (+4.59%), CADBURY (+4.02%), and fourteen others.
A total of forty-nine stocks depreciated. With a price depreciation of -10.00%, NPFMCRFBK topped the worst performers’ chart, followed by SKYAVN (-9.97%), ZICHIS (-9.96%), MBENEFIT (-9.91%), RTBRISCOE (-9.90%), and LEGENDINT (-9.78%).
Hence, the market breadth closed on a negative note, with 20 gainers and 49 losers. Sectoral performance was largely positive, although the Banking and Insurance sectors declined by 1.76% and 2.64%, respectively.
The Consumer Goods, Oil & Gas, and Industrial Goods sectors posted gains of 0.24%, 0.08%, and 0.20%, respectively, while the Commodity sector remained flat. CBN Cuts Rates on Treasury Bills, Rejects 77% of Total Bids
