Market Advances as Equities Regain Momentum

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

March 12, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ZENITHBANK (+0.16%) and MTNN (+0.63%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.52% to settle at 196,908.76 points
  • Year to date returns rose to 26.54%
  • Market capitalisation also rose by 0.52% to close at N126.40tn ($91.85bn)
  • Activity level in the market was mixed with the total value of stocks traded rising by 71.18% to settle at N44.74bn
  • Meanwhile, the total volume of stocks traded fell by 18.10% to settle at 549.78mn units.

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