March 30, (THEWILL) — The Nigerian equities market closed lower on Monday as sell-offs in several stocks weighed on the broader market.
At the close of trading, market capitalisation declined from ₦128.969 trillion at the opening of the session to ₦128.693 trillion. The All-Share Index (ASI) also dropped from 200,913.06 points to 200,484.43 points.
Market breadth closed negative with 27 gainers and 34 losers, reflecting cautious investor sentiment.
Top Gainers
AUSTINLAZ gained 9.98 percent, (rising from ₦4.01 to ₦4.41).
ZICHIS advanced 9.93 percent, (moving from ₦13.79 to ₦15.16).
TRANSEXPR appreciated 9.65 percent, (climbing from ₦2.59 to ₦2.84).
TIP rose 9.60 percent, (increasing from ₦19.80 to ₦21.70).
LEARNAFRCA gained 9.41 percent, (advancing from ₦8.50 to ₦9.30).
Top Losers
NSLTECH declined 10.00 percent, (falling from ₦1.30 to ₦1.17).
MAYBAKER dropped 9.42 percent, (decreasing from ₦41.95 to ₦38.00).
LEGENDINT shed 8.67 percent, (sliding from ₦7.50 to ₦6.85).
CUTIX fell 8.29 percent (declining from ₦3.50 to ₦3.21).
FTGINSURE lost 7.97 percent (dropping from ₦1.38 to ₦1.27).
Meanwhile, Custodian Investment, Julius Berger, Okomu Oil Palm, DN Tyre and Rubber, Nestlé Nigeria Plc, and Vitafoam Nigeria Plc closed unchanged during the trading session.
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.
