On 11th March 2025, the Nigerian All-Share Index experienced a decline of 454.16 points, closing at 106,167.75.
This represents a 0.43% drop from the previous day’s closing figure of 106,621.91, amid a reduction in trading volume.
Daily trading volume decreased by 11%, falling from 364.9 million shares to 324.3 million shares.
Additionally, market capitalization contracted to N66.4 trillion across 12,652 transactions, down from N66.7 trillion.
Despite the overall market downturn, certain stocks, such as LIVESTOCK and CORNERST, showcased notable performance, emerging as significant gainers with increases of 9.93% and 9.25%, respectively.
In contrast, MECURE and ABCTRANS encountered declines of 10.00% and 7.98%.
FIDELITYBK and ACCESSCORP played pivotal roles in the trading session, making substantial contributions to the day’s overall volume.
Daily trading volume declined by 11%, falling from 364.9 million shares to 324.3 million shares.
In the SWOOT category, MTNN faced a setback, declining by 4.22%, while OANDO fell by 0.46%.
The All-Share Index appears to be lingering in a retracement phase, which may see it fall below the 106,000 zone if selling pressure persists.
However, if the market is not deemed overbought, it could present opportunities for investors looking to capitalize on lower entry points.