Reprieve For Investors As Equities Market Records First Gain Of Trading Week

The Nigerian equities market reversed the losing streak on Thursday, March 6, 2025, as investors gained ₦215 billion on the trading floor of the Nigerian Exchange Group (NGX).

This follows a surge in the share prices of stocks like TRANSCORP, SCOA, and AFRIPRUD amongst others on the trading floor.

After five hours of trading at the capital market, the equity capitalization increased to ₦66.869 trillion from ₦66.653 trillion which the bourse recorded on Wednesday, March 5, 2025.

The benchmark All-Share Index (ASI) increased to 106,780.72 points from 106,436.48 points which were recorded the previous trading day.

The market breadth was positive as 35 stocks advanced and 14 stocks declined, while 75 stocks remained unchanged in 11,447 deals.

TRANSCORP, SCOA, AFRIPRUD led other gainers with 9.98%, 9.88% and 9.87% growth each in prices to close at N51.80, N3.78 and N30.60 from the previous N47.10, N3.44 and N27.85 per share.

SUNUASSUR, REDSTAREX, and MRS led other price decliners with 10%, decline each in share prices to close at N4.77, N5,94 and N166.50 from the previous N5.30, N6.60 and N185.00 per share.

On the volume index, GTCO led trading with 49 million shares in 403 deals followed by ACCESSCORP which traded 43 million shares in 856 deals.

ZENITHBANK traded 36 million shares in 736 deals.

On the value index, GTCO topped as the security traded stock worth N2.3 billion in 403 deals followed by ZENITHBANK which traded equities worth N1.7 billion in 736 deals.

ACCESSCORP traded shares valued at N1 billion in 856 deals.