Categories: Business

Stock market rebounds as investors gain N1.09trn

The Nigerian stock market rebounded with N1.086 trillion profit on Tuesday, March 24, 2026, following gains from some large and medium capitalised stocks.

Investors’ renewed interest in John Holt, Consolidated Hallmark Holdings, Legend Interest, Airtel Africa, Zichis Agro Allied Industries, and 32 other advancing stocks drove the market higher.

The market capitalisation, having opened at N127.750 trillion, added N1.086 trillion or 0.85 per cent to close at N128.836 trillion.

The All-Share Index also rose by 0.85per cent or 1,691.86 points to settle at 200,705.88 points, against 199,014.02 points recorded on Monday.

The Year-to-Date (YTD) return climbed to 28.98 per cent, while the market breadth also closed positive with 37 gainers and 23 losers.

Airtel Africa, John Holt, Legend Internet, and Consolidated Hallmark Holdings led the gainers’ chart by 10 per cent each, settling at N2,497, N14.95, N6.60, and N4.95 per share, respectively.

Zichis Agro Allied Industries also increased by 9.97 per cent, closing at N10.37 per share.

Naira appreciates against dollar at official market

Conversely, NPF Micro-finance Bank led the losers’ chart by 6.29 per cent, finishing at N6.56, Royal Exchange trailed by 5.32 per cent, ending the session at N1.78, while Computer Warehouse Group dipped by 4.82 per cent, settling at N20.75 per share.

Veritas Kapital shed by 4.21 per cent, closing at N2.05, and UPDC declined by 3.88 per cent, settling at N4.95 per share.

Market activity revealed increase in the market volume and value with decline in the deals.

1.3 million shares worth N65.3 billion were traded in 89,949 transactions, compared with 848.8 million shares valued at N53.3 billion that was exchanged across 139,458 transactions earlier.

Access Corporation recorded the highest volume with 266.79 million shares traded, accounting for 20.66 per cent of the volume traded for the day.

GTCP recorded the highest value with N19.39 billion traded, accounting for 29.68 per cent of the day’s total value.

The Star

Segun Ojo

Recent Posts

‘That’s abuse of AI’ – Obasanjo mocks daughter at public event

Former President Olusegun Obasanjo and his daughter, Senator Iyabo Obasanjo, sparked laughter at a public…

9 hours ago

Imo postpones LG election for second time

The Imo State Independent Electoral Commission (ISIEC) has postponed the November 7 local government election…

10 hours ago

EPL: Brighton stun Manchester City at Etihad

Brighton inflicted a second straight Premier League defeat on Manchester City with a 1-0 win…

11 hours ago

Police arrest five over rape of two minors in Bauchi

The Bauchi State Police Command has arrested five suspects, including a 15-year-old boy, over the…

11 hours ago

CAN raises alarm over imprisonment of Christian woman in Borno

The Christian Association of Nigeria (CAN) has raised concerns over the reported conviction and imprisonment…

13 hours ago

US court denies discovery request against Tinubu in FOIA lawsuit

A United States federal court has rejected a request by Aaron Greenspan seeking permission to…

13 hours ago

This website uses cookies.