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Nigerian Inventory Market Weekly Report: ASI Declines 0.12% as Buying and selling Exercise Moderates

The Nigerian Trade Restricted (NGX) closed the week ended Friday, March 27, 2026, on a adverse notice because the All-Share Index (ASI) declined by 0.12 p.c to settle at 200,913.06 factors.

Market capitalisation of equities additionally depreciated to ₦128.97 trillion, mirroring the decline within the benchmark index.

A complete turnover of three.95 billion shares valued at ₦201.31 billion was recorded in 359,642 offers throughout the week, representing a decline when in comparison with the 8.76 billion shares value ₦267.25 billion traded in 193,473 offers within the earlier week.

Sectoral efficiency confirmed that the Monetary Providers trade dominated buying and selling exercise, accounting for two.88 billion shares valued at ₦102.26 billion in 139,093 offers, contributing 72.94 p.c and 50.80 p.c to whole fairness turnover quantity and worth, respectively.

The ICT sector adopted with 230.54 million shares value ₦45.17 billion, whereas the Agriculture sector recorded 191.93 million shares valued at ₦6.63 billion.

Buying and selling in Wema Bank Plc, Entry Holdings Plc and United Bank for Africa Plc accounted for 1.45 billion shares value ₦43.19 billion in 28,436 offers, contributing 36.65 p.c and 21.45 p.c to whole fairness turnover quantity and worth, respectively.

Every day buying and selling knowledge confirmed that Monday, March 23, recorded the best turnover quantity of 848.72 million shares valued at ₦53.28 billion, whereas Tuesday noticed peak exercise with 1.29 billion shares value ₦65.29 billion.

Midweek buying and selling moderated with 537.78 million shares traded on Wednesday and 677.66 million shares on Thursday, earlier than closing the week with 594.63 million shares on Friday.

Efficiency throughout indices was largely adverse as main benchmarks closed decrease. The NGX Banking Index declined by 2.47 p.c, whereas the NGX Premium Index fell by 2.76 p.c and the NGX Company Governance Index dropped by 2.33 p.c.

Nevertheless, choose indices recorded features, together with the NGX Oil and Fuel Index which superior by 1.93 p.c, and the NGX Insurance coverage Index which appreciated by 2.22 p.c.

Market breadth remained comparatively balanced as 47 equities appreciated in worth throughout the week, in comparison with 48 within the earlier week. A complete of 45 equities declined, whereas 56 equities remained unchanged.

On the gainers’ chart, Zichis Agro-Allied Industries Plc led with a 60.72 p.c improve, adopted by Premier Paints Plc which rose by 60.26 p.c.

John Holt Plc gained 59.92 p.c, whereas Legend Web Plc and McNichols Plc appreciated by 25.00 p.c and 20.65 p.c, respectively.

Conversely, Livestock Feeds Plc recorded the best lack of 11.73 p.c, adopted by Fidson Healthcare Plc which declined by 9.97 p.c. Cadbury Nigeria Plc and Austin Laz & Firm Plc additionally posted losses of 9.94 p.c and 9.89 p.c, respectively.

Within the Trade Traded Merchandise (ETP) section, a complete of 9.91 million models valued at ₦1.60 billion had been traded in 13,610 offers, representing a rise in comparison with 6.79 million models value ₦649.50 million recorded within the earlier week.

The bond market additionally recorded improved exercise with 224,310 models valued at ₦226.45 million traded in 46 offers, considerably larger than the 25,552 models value ₦25.91 million recorded within the earlier week.

General, the market closed the week on a barely bearish notice as profit-taking outweighed shopping for curiosity in key large-cap shares.

Nevertheless, robust participation in monetary providers shares and improved exercise in ETFs and bonds recommend that liquidity stays current, whereas traders proceed to rebalance portfolios in response to evolving macroeconomic situations.