Equity Market Trades Soft as Activity Cools

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

March 4, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in DANGSUGAR (-10.00%) and OANDO (-0.50%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell marginally by 0.08% to settle at 196,463.22 points
  • Year to date returns fell to 26.25%
  • Market capitalisation also fell slightly by 0.08% to close at N126.10tn ($91.09bn)
  • Activity level in the market declined with the total value and volume of stocks traded falling by 13.69% and 8.49% to settle at N38.42bn and 805.25mn units.

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