…The NASD Security Index (NSI) and market capitalisation rose by 1.48% to close at 4,273.12 points and N2.56 trillion, respectively.
By theG&BJournal
MON MAR 09 2026-theGBJournal| Trading on the Nigerian Exchange Group (NGX) closed marginally higher on Monday, as the All-Share Index rebounded by 0.1% to 197,196.97 points, supported by renewed bargain hunting in select large-capitalisation stocks.
The year-to-date return inched up to 26.72% from the 26.59% in the previous session, while market capitalisation expanded by N146.87bn to close at N126.58 trillion.
OANDO (+10.0%), NGXGROUP (+10.0%), JAIZBANK (+4.17%) and INTBREW (+8.1%) stocks saw stellar gains, outweighing selloffs recorded in key banking names such as FIRSTHOLDCO (-3.85%), ACCESSCORP (-3.66%), GTCO (-0.84%), UBA (-1.26%), and WEMABANK (-0.92%).
The total volume traded increased by 32.6% to 762.53 million units, valued at NGN31.23 billion, and exchanged in 86,488 deals.
ACCESSCORP was the most traded stock by volume at 48.27 million units, while ARADEL was the most traded stock by value at NGN5.07 billion.
Sectoral performance was mixed as the Oil & Gas (+2.1%) and Consumer Goods (+0.6%) indices advanced while the Insurance (-3.1%) and Banking (-1.0%) indices declined. The Industrial Goods index closed flat.
As measured by market breadth, market sentiment was negative (0.6x), as 26 tickers gained relative to 41 losers. CONOIL (+10.0%) and LEGENDINT (+10.0%) led the gainers, while ALEX (-10.0%) and SCOA (-9.9%) posted the most significant losses of the day.
The NASD market also opened on a positive note, as the NASD Security Index (NSI) and market capitalisation rose by 1.48% to close at 4,273.12 points and N2.56 trillion, respectively.
Market activity declined materially, with the volume and value shedding by 67.59% and 24.31%, respectively.
SDAFRILAND (+3.85%) led the market gainers, with no decliners recorded in today’s session.
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