…The bullish performance was primarily driven by strong price appreciation in MTNN (+5.85% w/w), GTCO (+5.08% w/w), and UNILEVER (+10.00% w/w)
THUR APRIL 02 2026-theGBJournal| The Nigerian equities market finished the week on a positive note, as the NGX All-Share Index (ASI) advanced by 0.39% week-on-week to settle at 201,698.89 points from 200,913.06 points in the previous week.
Market capitalisation climbed alongside the ASI by 0.65% to N129.81 trillion from N128.97 trillion, representing a net gain of N836.94 billion over the period.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Insurance, NGX MERI Value, NGX Consumer Goods, NGX Industrial Goods and NGX Growth which depreciated by 0.29%, 4.25%, 0.36%, 1.74%, 0.24% and 0.06% respectively while the NGX Sovereign Bond index closed flat.
The bullish performance was primarily driven by strong price appreciation in MTNN (+5.85% w/w), GTCO (+5.08% w/w), and UNILEVER (+10.00% w/w), which more than offset the losses recorded in UBA (-1.61% w/w), NESTLE (-10.00% w/w), and DANGSUGAR (-5.71% w/w).
In today’s trading session, the market closed largely flat, with both the ASI and market capitalisation dipping marginally by 0.002%.
The slight decline was driven by losses in OANDO (-2.22%), NB (-2.78%), and JOHNHOLT (-9.91%), which outweighed gains recorded in JBERGER (+3.82%), UNILEVER (+10.00%), and TRANSCORP (+4.17%).
Market activity weakened notably during the session, with total traded volume and value declining by 31.33% and 42.14% respectively. NSLTECH (0.00%) led the volume chart with 59.69 million units traded, while ZENITHBANK (0.00%) topped the value chart with transactions worth N2.47 billion.
Market breadth closed positive at 1.46x, as advancers (35) outpaced decliners (24). UNILEVER (+10.00%) emerged as the top gainer for the day, while JOHNHOLT (-9.91%) recorded the steepest loss.
NASD Summary
Meanwhile, the NASD OTC market sustained its bearish momentum, as both the NASD Securities Index (NSI) and market capitalisation declined by 0.56%.
Market activity weakened significantly in today’s session, with traded volume and value plunging by 91.81% and 98.14%, respectively, reflecting subdued investor participation.
On the price movement front, SDFOODCPT (+5.23%) emerged as the top gainer, while SDMRS (-11.11%) recorded the steepest decline for the session.
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