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Investors earned N2.67 trillion in the just ended trading week as the equity market recovered from last week’s bearish move.
The market strengthened in four out of five trading sessions as equity capitalization increased to N126.4 trillion from N123.7 trillion recorded last week.
The All-Share Index (ASI) appreciated by 2.16% closing the week at 196,968 from 192,826.78 recorded in the previous week.
The Nigerian equity market started the week on Monday, March 2, 2026, on a bullish note as investors gained N1.72trn at the end of the trading session.
This trend continued on Tuesday, March 3, 2026, when investors earned N711 billion, in five hours.
The market closed negative on Wednesday, March 4, 2026, as investors lost N107 billion.
The market closed positive on Thursday, March 5, 2026, as investors gained N221 billion.
The market ended the week on a bearish note on Friday, March 6, 2026, as investors gained N119 billion.
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Meanwhile, the total transactions carried out by investors on the Exchange floor this week were 3.695 billion shares worth ₦177.687 billion in 370,980 transactions, in contrast to a total of 5.494 billion shares worth ₦196.709 billion traded last week in 370,233 transactions.
The Financial Services industry (measured by volume) led the activity charts with 2.444 billion shares worth ₦72.029 billion traded in 145,628 transactions: thus contributing 66.14% and 40.54% respectively to the total volume and value of equity turnover.
The Oil and Gas industry followed with 326.073 million shares worth ₦39.510 billion in 36,458 transactions.
In third position is the Services Industry with a transaction value of 218.374 million shares worth ₦2.012 billion in 18,575 transactions.
Trading in the top three equities, namely Jaiz Bank Plc, Fortis Global Insurance Plc and Access Holdings Plc (measured by volume), accounted for 661.242 million shares worth ₦8.062 billion in 38,534 transactions, contributing 17.90% and 4.54% respectively to the total volume and value of equity turnover.
Forty-four (44) shares appreciated this week, higher than thirty-two (32) shares in the previous week. Fifty-eight (58) equities experienced price depreciation, lower than sixty-nine (69) equities in the previous week, while forty-six (46) equities were unchanged, lower than the forty-seven (47) recorded in the previous week.
Fortis Global Insurance Plc recorded the largest percentage increase in share price, gaining 58.51% followed by Premier Paints Plc, which also increased its share price by 32.73%.
Eterna Plc also increased its share price by 28.72%.
On the other hand, Mc Nichols Plc recorded the largest share price decline by percentage, dropping 24.44% followed by Mecure Industries Plc, whose share price fell 18.92%.
Multiverse Mining And Exploration Plc also lowered its share price by 18.72%.
By: Babajide Okeowo
