MTN Nigeria Leads NGX Trade Value with N11.06 Billion

MTN Nigeria dominated stock market transactions on March 26, 2026, with N11.06 billion in trade value, as the All-Share Index edged up by 32 points.

NGN Market

Written by NGN Market

·3 min read
MTN Nigeria Leads NGX Trade Value with N11.06 Billion

Key Highlights

  • MTN Nigeria recorded N11.06 billion in trade value on March 26, 2026.
  • The Nigerian All-Share Index closed at 200,957.9, a 0.02% increase.
  • Equity capitalization remained flat at N128.9 trillion.
  • Access Holdings followed MTN Nigeria in trade value with N3.4 billion.
  • The market's year-to-date return stood at 29.14%.

On Thursday, March 26, 2026, the Nigerian All-Share Index saw a marginal increase of 32 points, closing at 200,957.9. This gain represents a 0.02% rise from the previous session's 200,925.8. Market activity was characterized by weak trading volume, with a total of 678 million shares exchanged. Equity capitalization remained stable at N128.9 trillion, with 42,222 deals executed.

MTN Nigeria emerged as the top traded stock by value, accounting for N11.06 billion in transactions on the Nigerian Exchange (NGX). Access Holdings followed closely, with trades totaling N3.4 billion.

The trading sentiment on March 26, 2026, was broadly bullish, contributing to a year-to-date market return of 29.14%, up from 28.98% previously. This positive trend occurred despite softer overall activity levels.

In terms of volume, Access Holdings led with 134.5 million shares traded. Wema Bank followed with 105.5 million shares, and Veritas Kapital recorded 74.1 million shares. Zichis saw 23.3 million shares change hands, while UBA had 18.1 million shares traded.

By market value, MTN Nigeria's N11.06 billion in trades was significantly higher than other listed companies. Access Holdings was second with N3.4 billion, followed by Wema Bank at N2.7 billion, Aradel at N1.9 billion, and Zenith Bank at N1.7 billion.

Among the top gainers, Zichis Agro-Allied and Premier Paints both advanced by 10.00%. Zichis Agro-Allied closed at N12.54, and Premier Paints at N34.10. Legend Internet gained 9.92% to close at N7.98, John Holt rose by 9.87% to N17.25, and McNichols increased by 9.76% to N6.75.

On the losing side, UPL saw a decline of 9.17%, closing at N5.45. Sunu Assurances dropped by 8.88% to N4.31, Veritas Kapital fell by 6.98% to N2.00, Royal Exchange decreased by 6.70% to N1.79, and FTN Cocoa was down 6.67% to N5.60.

Performance among SWOOTs (stocks with market capitalizations above N1 trillion) was mixed. Nigerian Breweries gained 1.88%, and MTN Nigeria saw a modest 0.15% increase. Conversely, Lafarge declined by 1.54%, and Wema Bank experienced a slight dip of 0.19%.

Within the FUGAZ banking group, Zenith Bank advanced by 1.53%, GTCO gained 0.74%, and First HoldCo edged up by 0.10%. UBA declined by 0.95%, while Access Holdings slipped by 0.19%.

The All-Share Index has firmed above the 200,000 mark and is now targeting the 201,000 level. The upward movement on March 26, 2026, was relatively soft, despite a total traded volume of 677 million shares, which was higher than the previous session. If current bullish sentiment persists, the index could retest levels above 202,000, supported by consistent buying interest.

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