All-Share Index rises 0.12%; TANTALIZER and ACCESSCORP top volume, UPDC shines

This rise signifies a 0.12% increase from the previous day’s figure of 106,090.38, occurring despite a decline in trading volume.

Daily trading volume saw a significant drop, plunging from 1.4 billion shares traded the day before to 341.6 million shares.

Nevertheless, the positive price action propelled market capitalization to N66.5 trillion across 11,233 transactions, up from N66.4 trillion the previous day.

Among the standout performers, UPDC and INTBREW made impressive gains, surging by 9.92% and 9.62%, respectively.

In contrast, UPL and ACADEMY faced losses, declining by 10.00% and 9.66%, respectively.

Notably, TANTALIZER and ACCESSCORP dominated trading activity, making substantial contributions to the day’s overall volume.

Daily trading volume witnessed a decline, falling from 1.4 billion shares traded the day before to close at 341.6 million shares.

In terms of trading value, GEREGU stood out as the leading performer, facilitating impressive transactions worth N7.7 billion.

SWOOT and FUGAZ performance

In the SWOOT category, OANDO gained 0.57%.

Looking ahead, the All-Share Index may be poised for correction following the bearish trends it has experienced thus far in March.

Should the market be deemed not overbought, it could present opportunities for investors seeking to buy at lower prices.