Nigerian Stocks Rebound With 0.12% Gain As Tantalizer, UPDC And Accesscorp Lead The Charge

The Nigerian All-Share Index (ASI) bounced back on March 13, 2025, with a 0.12% increase, closing at 106,220.94 points.

This uptick was driven by gains in UPDC and INTBREW, which surged 9.92% and 9.62%, respectively.

Despite a significant decline in trading volume, the market capitalization rose to N66.5 trillion across 11,233 transactions, up from N66.4 trillion the previous day.

Notably, TANTALIZER and ACCESSCORP dominated trading activity, contributing substantially to the day’s overall volume.

The top gainers included:
UPDC: up 9.92% to N2.77

INTBREW: up 9.62% to N5.70

ROYALEX: up 9.59% to N0.80

MULTIVERSE: up 8.81% to N8.65

NGXGROUP: up 6.14% to N32.85

On the other hand, the top losers were:
UPL: down 10.00% to N4.32

ACADEMY: down 9.66% to N2.62

REDSTAREX: down 9.32% to N5.35

NEIMETH: down 8.33% to N2.7

CILEASING: down 4.75% to N3.81

Looking ahead, the All-Share Index may be poised for correction following the bearish trends it has experienced thus far in March.

However, if the market is deemed not overbought, it could present opportunities for investors seeking to buy at lower prices.