Investors gained N837 billion as the equity market’s capitalisation recovered from last week’s slight slump.
The market gained in two of the four trading sessions as market value increased to N129.8 trillion from N128.9 trillion recorded last week.
The All-Share Index (ASI) appreciated by 0.39% to close the week at 201,698.89 points, up from the 200,913.06 points recorded the previous week.
The Nigerian equities market began the week on Monday, March 30, 2026, on a bearish note, with investors losing N276 billion by the end of the trading session.
The bulls returned to the market on Tuesday, March 31, 2026, as investors gained N516 billion in five hours.
The market closed positively on Wednesday, April 1, 2026, as investors gained N600 billion.
The market closed negatively on Thursday, April 2, 2026, as investors lost N3 billion.
The market was closed on Friday, April 3, 2026 due to a public holiday declared by the FG to commemorate the Easter Celebration.
Meanwhile, a total turnover of 2.856 billion shares worth ₦113.597 billion in 215,287 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.950 billion shares valued at ₦201.312 billion that exchanged hands last week in 359,642 deals.
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The Financial Services Industry (measured by volume) led the activity chart with 1.811 billion shares valued at ₦61.901 billion traded in 86,818 deals: thus contributing 63.41% and 54.49% to the total equity turnover volume and value respectively.
The Services Industry followed with 299.895 million shares worth ₦2.966 billion in 13,797 deals.
In third place was the ICT Industry, with a turnover of 183.233 million shares worth ₦14.654 billion in 25,287 deals.
Trading in the top three equities, namely Wema Bank Plc, Access Holdings Plc and Secure Electronic Technology Plc (measured by volume), accounted for 734.659 million shares worth ₦14.134 billion in 12,319 deals, contributing 25.72% and 12.44% to the total equity turnover volume and value respectively.
Twenty-nine (29) equities appreciated in price during the week, lower than forty-seven (47) equities in the previous week. Fifty-seven (57) equities depreciated in price, higher than forty-five (45) equities in the previous week, while sixty-two (62) equities remained unchanged, higher than fifty-six (56) recorded in the previous week.
Multiverse Mining And Exploration Plc recorded the biggest share price increase in percentage, gaining 20.66% followed by UPDC Real Estate Investment Trust, which increased its share price by 15.49% in the process.
International Energy Insurance Plc, also increased its share price by 12.54%
On the flip side, Secure Electronic Technology Plc recorded the biggest share price decline in percentage, losing 21.54% followed by John Holt Plc, which decreased its share price by 18.95% in the process.
May & Baker Nigeria Plc, also shed its share price by 16.57%.
By: Babajide Okeowo
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