April 02, (THEWILL) — Nigeria’s equities market ended Thursday’s session on a largely flat note as modest losses in select counters offset gains recorded across several stocks.
At the close of trading, the market capitalisation slipped slightly from ₦129.809 trillion at the opening of the session to ₦129.703 trillion, reflecting mild profit-taking activity. Similarly, the All-Share Index (ASI) edged down marginally from 201,703.55 points to 201,698.89 points.
Despite the slight dip in the benchmark index, market breadth closed positive as 34 stocks recorded price appreciation while 24 declined, indicating selective buying interest across various counters.
Top Gainers for the Session
UNILEVER gained 10.00 percent (₦94.00 to ₦103.40).
FTGINSURE advanced 9.82 percent (₦1.12 to ₦1.23).
MULTIVERSE rose 9.81 percent (₦18.35 to ₦20.15).
LEGENDINT appreciated 9.38 percent (₦5.76 to ₦6.30).
ZICHIS increased 9.02 percent (₦12.97 to ₦14.14).
Top Losers for the Session
JOHNHOLT declined 9.91 percent (₦17.15 to ₦15.45).
ABBEYBDS fell 9.60 percent (₦9.90 to ₦8.95).
INTENEGINS shed 6.48 percent (₦3.55 to ₦3.32).
CHAMS dropped 5.30 percent (₦3.96 to ₦3.75).
TANTALIZER lost 5.18 percent (₦4.25 to ₦4.03).
Several bellwether stocks ended the session unchanged, including Seplat Energy, Dangote Cement, Lafarge Africa Plc, DN Tyre and Rubber, and BUA Foods Plc, among others.
The muted movement in the benchmark index suggests investors remain cautious following the strong rally recorded in the first quarter of the year, with trading activity now reflecting a more selective approach to equities.
Looking ahead, market analysts expect investors to continue repositioning portfolios as the new quarter unfolds, with attention likely to focus on corporate earnings expectations, macroeconomic signals, and liquidity dynamics across key sectors.
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.
