Equity Market Advances Further as Activity Surges

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

March 3, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+9.07%) and BUAFOODS (+0.91%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.57% to settle at 196,621.96 points
  • Year to date returns rose to 26.35%
  • Market capitalisation also rose by 0.57% to close at N126.20tn ($91.58bn).
  • Activity level in the market improved with the total value and volume of stocks traded rising by 26.89% and 11.41% to settle at N44.51bn and 880.01mn units.

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