NGX, Selloffs, Market, Investors
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The Nigerian stock market bounced back from a one-day slump, boosting investors’ portfolios by N220 billion on Thursday, March 5, 2026.

The positive rally was driven by stocks such as Eterna, NPF Microfinance Bank, Premier Paint, Custodian Investment, Fortis Global Insurance, and 28 others advancing stocks.

The market capitalisation rose by 0.18 per cent, increasing from N126.097 trillion to N126.317 trillion.

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The All-Share Index also gained 0.18 per cent, closing at 196,807.15 points, up from Wednesday’s 196,463.22.

The positive rally made the Year-To-Date return increase to 26.47 per cent, while the market breadth closed negative with 39 losers and 33 gainers.

Tripple Gee led the losers’ chart by 9.94 per cent, closing at N4.26, Multiverse Mining trailed by 9.91 per cent, ending the session at N20.45, while Jaiz Bank dipped by 7.41 per cent, settling at N10 per share.

Honeywell Flour shed by 7.11 per cent, finishing at N20.90, and Dangote Sugar went down by 7.10 per cent, closing at N69.40 per share.

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Conversely, Eterna and NPF Microfinance Bank led the gainers’ chart by 10 per cent each, finishing at N38.50, and N7.15 per share respectively.

Premier Paint added by 9.92 per cent, closing at N13.30, Custodian Investment gained by 9.71 per cent, settling at N76.80, while Fortis Global Insurance increased by 9.68 per cent, ending the session at N1.36 per share.

Market activity was down for the day, with total volume traded down 21.27 per cent to 634.01 million, valued at N29.11 billion across 66,286.

Jaiz Bank recorded the highest volume with 137.30 million shares traded, accounting for 21.66 per cent of the day’s total volume.

GTCO recorded the highest value at N5.41 billion, accounting for 18.59 per cent of value traded for the day.

The Star

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