The Nigerian All-Share Index closed the week ending March 21, 2025, on a downward note, losing 992.17 points, as the premium index and all subsectors except consumer goods faced declines.
This reflects a 0.94% dip, with the index falling from 105,955.13 to 104,962.96, slipping below the critical 105,000-mark.
Trading activity also saw a sharp decline, with weekly volume falling from 3.2 billion shares to 2.9 billion, marking an 11.57% decrease.
Similarly, market capitalization fell from N66.7 trillion reported the previous week to N65.8 trillion, dipping below the N66 trillion threshold.
The market saw 32 equities record gains during the week, down from 38 the previous week. In contrast, 48 equities experienced price drops, an increase from 46 the week before.
Market overview
The Nigerian stock market experienced a significant downturn this past week, with most subsectors closing in the red.
All-Share began its decline on Monday, plummeting below the 105,000-mark by Wednesday. Although…