The Nigerian Stock Market ended the trading week on a subdued note as the All-Share Index (ASI) fell to 200,484.4 points on Monday, March 30, 2026. This marked a 0.21% decline from the previous session’s 200,913.1 points, reflecting cautious investor sentiment across equities. Market capitalisation eased slightly to N128.6 trillion from N128.9 trillion, translating to a N156 billion loss for the day.
Trading activity softened marginally, with total volume dipping to 593 million shares compared to 594 million shares in the prior session. Access Holdings emerged as the most traded stock, moving 86.6 million shares, closely followed by First HoldCo at 84.5 million shares. Zenith Bank, Fidelity Bank, and Secure Electronic Technology also recorded significant volumes, highlighting selective investor interest in top-tier banking and technology stocks.
Despite the overall downturn, some stocks recorded notable gains. Austin Laz and Zichis topped the gainers’ list, surging 9.98% and 9.93% respectively, while Trans Express, Initiates, and Learn Africa also posted strong advances. On the downside, Secure Electronic Technology and May & Baker Nigeria suffered the steepest losses, falling 10.00% and 9.42%, as profit-taking weighed on previously strong performers.
Performance within the FUGAZ banking group was mixed. First HoldCo and UBA recorded modest gains of 0.99% and 0.11%, while Access Holdings remained flat. Conversely, Zenith Bank fell by 2.86%, and GTCO declined 0.99%, suggesting mild profit-taking among tier-one banking stocks. Market analysts note that these movements indicate a cautious approach among investors, with mid- and large-cap stocks driving sentiment.
Overall, the market has maintained resilience, staying above the 200,000-point threshold despite bearish momentum. Analysts suggest that the extent of further pullbacks will depend on the direction of major stocks in the coming sessions. For investors, the mixed performance presents both challenges and opportunities as trading conditions remain selective.
source: nairametrics