adplus-dvertising
Business News

All-Share Index dips 0.44%, ends three trading days in the red; TANTALIZER and UHOMREIT shine 

WATCH THE VIDEO HERE

The Nigerian All-Share Index declined by 467.77 points, closing at 106,436.48 on March 5, 2025, thereby marking three consecutive trading days in the red.

This decline reflects a 0.44% drop from the previous day’s close of 106,904.25, coinciding with a decrease in trading volume.

Daily trading volume also fell slightly to 389.5 million shares, compared to 395.4 million the day before, indicating a 1.49% reduction.

Market capitalization decreased to N66.6 trillion across 11,423 transactions, down from the N66.9 trillion reported previously.

Among the gainers, TANTALIZER and UHOMREIT saw increases of 9.64% and 8.84%, respectively. In contrast, CAVERTON and CONHALLPLC experienced declines of 10.00% and 9.87%, respectively.

Notably, FIDELITYBK and ACCESSCORP led trading activity, significantly contributing to the overall trading volume.

Trading volume  

Daily trading volume experienced a slight decline, decreasing to 389.5 million shares from 395.4 million traded the previous day, marking a 1.49% drop.

Trading value

SWOOT and FUGAZ performance   

Within the SWOOT category, price action remained stagnant with no movements observed.

Market outlook   

The All-Share Index appears to be entering a retracement phase, having declined for three consecutive days and slipping below the 107,000-threshold.

WATCH FULL VIDEO

WATCH THE VIDEO HERE