On March 17, 2025, the Nigerian market closed within the crimson, dropping 196.15 factors to settle at 105,799.17.
This decline interprets to a 0.19% lower from the day before today’s closing worth of 105,995.32, coinciding with a dip in buying and selling quantity.
Every day buying and selling quantity fell considerably, from 750.5 million the day earlier than to 477.5 million, marking a pointy 36.38% decline.
The market capitalization ended the day at N66.3 trillion, firmly holding onto the N66 trillion threshold.
Amidst the fluctuations, ACADEMY and NEIMETH stood out as noteworthy gainers, rising by 9.92% and eight.43%, respectively.
Nevertheless, ETRANZACT and SUNUASSUR confronted challenges, dropping by 10.00% and 9.66%, respectively. All through the buying and selling day, JAIZBANK and ZENITHBANK have been significantly energetic, contributing considerably to the general buying and selling quantity.
Every day buying and selling quantity noticed a big decline, dropping from 750.5 million shares the day before today to 477.5 million, which marks a 36.38% lower.
Concerning buying and selling worth, MTNN stood out because the main performer, facilitating transactions value N1.3 billion.
SWOOT and FUGAZ efficiency
Within the SWOOT class, OANDO skilled a decline of two.02%.
Market outlook
The All-Share Index could also be poised for a correction following the bearish tendencies seen all through March.
If the market just isn’t deemed overbought, it might current enticing alternatives for traders seeking to purchase at decrease costs.
