…The NASD market closed today’s session on a bearish note, as the NASD Security Index (NSI) declined by 0.56% to settle at 4,210.30 points
SAT MAR 14 2026-theGBJournal| The Nigerian equities market ended the week in the green, as the NGX All-Share Index (ASI) and market capitalisation gained 0.73% w/w to settle at 198,407.30 points and N127.36 trillion, respectively after advancing in three of five trading sessions.
These gains which brought the ASI year-to-date return to 27.50% from 26.59% in the previous week were driven by renewed interests in stocks like BUAFOODS (+0.18% w/w), BUACEMENT (+20.00% w/w), and ZENITH (+3.17% w/w), which outpaced selloff in MTNN (-1.38% w/w), DANGCEM (-2.47% w/w), and GTCO (-1.26% w/w).
Friday, the ASI and market capitalisation gained 0.76%, largely driven by buying interest in MTNN (+0.15%), BUACEMENT (+9.18%), and HONYFLOUR (+5.00%), which offset selloffs in DANGCEM (-1.86%), FCMB (-2.69%), and UBA (-0.87%).
Market activity was however mixed during the session, with trading volume advancing by 7.51%, while value declined by 21.76%. FIRSTHOLDCO (-0.00%) led the volume chart with 70.83 million units traded, while MTNN (+0.15%) topped the value chart with transactions worth N6.68 billion.
Market breadth closed positive at 1.55x, reflecting renewed investors’ confidence as advancers outpaced decliners. GUINNESS (+10.00%) led the 34 gainers, while RTBRISCOE (-9.17%) led the 22 decliners.
Meanwhile, the NASD market closed today’s session on a bearish note, as the NASD Security Index (NSI) declined by 0.56% to settle at 4,210.30 points, while market capitalisation also dipped by 0.56% to close at N2.52 trillion.
Despite the negative performance, market activity improved significantly compared to the previous session, with trading volume and value surging by 185.81% and 197.40%, respectively.
SDIPWAPLC (+8.98%) emerged as the top gainer, and there was no top loser in the market today.
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