Home Business Market Closes Flat as Balanced Sentiment Keeps ASI Above 200,000

Market Closes Flat as Balanced Sentiment Keeps ASI Above 200,000

NGX-Equities Market -Stocks

March 25, (THEWILL) — Nigeria’s equities market ended today’s session on a relatively stable note, as gains in select stocks offset losses, leaving key indicators marginally higher.

The market capitalisation edged up from ₦128.836 trillion to ₦128.977 trillion, while the NGX All-Share Index (ASI) inched higher from 200,705.88 points to 200,925.75 points, sustaining its position above the 200,000 psychological level.

Investor sentiment remained neutral, reflecting a perfectly balanced market breadth of 32 gainers and 32 losers, as buying and selling pressures evenly matched across sectors.

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Top Gainers

1 LEGENDINT advanced by 10.00 percent (N6.60 to N7.26).

2 ZICHIS gained 9.93 percent (N10.37 to N11.40).

3 PREMPAINTS rose by 9.93 percent (N28.20 to N31.00).

4 JOHNHOLT climbed 9.79 percent (N14.30 to N15.70).

5 CONHALLPLC appreciated by 6.26 percent (N4.95 to N5.26).

Top Losers

1 FIDSON declined by -9.97 percent (N105.35 to N94.85).

2 AUSTINLAZ fell by -9.89 percent (N4.45 to N4.01).

3 LIVINGTRUST dropped -7.08 percent (N4.80 to N4.46).

4 NSLTECH shed -7.04 percent (N1.42 to N1.32).

5 STERLINGNG dipped -7.04 percent (N8.10 to N7.65).

U.A.C.N Plc, Julius Berger, DN Tyre and Rubber Plc, Union Dicon Salt Plc, Cadbury Nigeria, and Nestle Nigeria, amongst others, closed flat.

Overall, the market reflects a wait-and-see posture, with investors cautiously trading around current levels while maintaining positions in fundamentally strong counters.

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Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.

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