March 16, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ZENITHBANK (+7.53%) and MTNN (+2.43%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 1.55% to settle at 201,474.89 points
- Year to date returns rose to 29.47%
- Market capitalisation also rose by 1.55% to close at N129.33tn ($94.66bn)
- Activity level in the market improved with the total value and volume of stocks traded rising by 40.48% and 60.43% to settle at N49.17bn and 948.21mn units respectively.
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