Equity Investors Gain N221 Billion as NGX Index Rebounds

Equity Investors Gain N221 Billion as NGX Index Rebounds

Equity investors gained approximately ₦221 billion as the Nigerian Exchange (NGX) rebounded from the previous day’s sell-offs in some mid- and large-cap stocks.

The All-Share Index rose by 0.18%, reaching 196,807.15 points, which brings the year-to-date (YTD) return to 26.47%. Market capitalisation also grew by 0.18%, increasing by ₦220.75 billion to reach ₦126.3 trillion.

However, market breadth was negative, with 38 declining stocks outpacing 33 advancing ones. Leading the gainers were ETERNA, NPFMCRFBK, PREMPAINTS, CUSTODIAN, and FTGINSURE. In contrast, TRIPPLEG, MULTIVERSE, SOVRENINS, JAIZBANK, and DANGSUGAR experienced the most significant losses.

Sector performance varied: the Banking sector saw the largest gains, up 0.51%, followed by a 0.10% rise in Consumer Goods and a 0.03% uptick in Industrial stocks.

Conversely, the Insurance and Oil & Gas sectors declined by 1.63% and 0.16%, respectively, while the Commodity sector remained unchanged.

Trading activity decreased across the board, with share volume falling by 21.27% to 634.01 million units, deal count dropping by 7.05% to 66,286 transactions, and transaction value declining by 24.24% to ₦29.11 billion. Dangote Sugar Falls by 10% as Refinery Earnings Plunge

March 5, 2026