The All-Share Index closed on a destructive word on March 3, 2025, declining by 366.26 factors to finish the buying and selling day at 107,455.13.
This decline displays a 0.34% lower from the day past’s determine of 107,821.39.
Along with this value drop, market quantity additionally decreased, falling to 308 million shares from the 458 million shares traded the prior day.
Market capitalization remained secure at N67.2 trillion, persistently above the N67 trillion threshold.
Amongst particular person performances, NGXGROUP and LEARNAFRICA every achieved notable beneficial properties of 10.00%. In distinction, IKEJAHOTEL and UCAP led the decliners, posting losses of 9.92% and 9.91%, respectively.
General, market exercise confirmed a modest improve, with ZENITHBANK and FIDELITY rising as essentially the most actively traded shares, making substantial contributions to the day’s general turnover.
Every day market quantity noticed a decline, dropping from 458 million shares traded on the earlier Friday to 308 million shares on Monday of the primary week of March.
By way of buying and selling worth, ZENITHBANK was the highest performer, facilitating transactions totaling N1.5 billion.
Within the SWOOT class, OANDO was the main gainer, with a rise of two.8%, whereas ARADEL noticed a extra modest acquire of 0.4%.
Regardless of the every day decline, the All-Share Index is on a long-term bullish pattern. A pullback after consecutive declines could current alternatives for traders to buy shares at decrease costs. If the index shouldn’t be thought of overbought, this might result in a possible upward rally.
