NGX ROUNDUP: Equity markets recover as capitalization surges by N837 billion

Investors gained N837 billion as equity market capitalization recovered from a slight slump last week.

The market strengthened in two of the four trading sessions as the market value increased to N129.8 trillion from N128.9 trillion recorded last week.

The All-Share Index (ASI) appreciated by 0.39% to close the week at 201,698.89 points, up from 200,913.06 points recorded in the previous week.

The Nigerian equity market started the week on Monday, March 30, 2026, on a bearish note, with investors losing N276 billion by the end of the trading session.

Bulls returned to the market on Tuesday, March 31, 2026, as investors made N516 billion in five hours.

The market closed positive on Wednesday, April 1, 2026, as investors gained N600 billion.

The market closed negative on Thursday, April 2, 2026, as investors lost N3 billion.

The market is closed on Friday 3 April 2026 due to a holiday declared by FG ​​to commemorate the Easter Celebration.

Meanwhile, the total transactions carried out by investors on the Exchange floor this week were 2.856 billion shares worth ₦113.597 billion in 215,287 transactions, in contrast to a total of 3.950 billion shares worth ₦201.312 billion traded last week in 359,642 transactions.

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The Financial Services industry (measured by volume) led the activity charts with 1.811 billion shares worth ₦61.901 billion traded in 86,818 transactions: thus contributing 63.41% and 54.49% respectively to the total volume and value of equity turnover.

The Services Industry followed with 299.895 million shares worth ₦2.966 billion in 13,797 transactions.

In third position is the ICT Industry with a transaction value of 183.233 million shares worth ₦14.654 billion in 25,287 transactions.

Trading of the top three equities, namely Wema Bank Plc, Access Holdings Plc and Secure Electronic Technology Plc (measured by volume), accounted for 734.659 million shares worth ₦14.134 billion in 12,319 transactions, contributing 25.72% and 12.44% respectively to the total volume and value of equity turnover.

Twenty-nine (29) shares appreciated this week, lower than forty-seven (47) shares in the previous week. Fifty-seven (57) equities experienced price depreciation, higher than forty-five (45) equities in the previous week, while sixty-two (62) equities were unchanged, higher than fifty-six (56) recorded in the previous week.

Multiverse Mining And Exploration Plc recorded the largest percentage increase in share price, gaining 20.66% followed by UPDC Real Estate Investment Trust, which also increased its share price by 15.49%.

International Energy Insurance Plc, also increased its share price by 12.54%

On the other hand, Secure Electronic Technology Plc recorded the largest percentage decline in share price, losing 21.54% followed by John Holt Plc, which dropped its share price by 18.95%.

May & Baker Nigeria Plc, also lowered its share price by 16.57%.

By: Babajide Okeowo

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