Wema Bank leads daily value as All-Share Index sheds 167 points

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igwe emmanuel

Active Member
Mar 6, 2026
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The Nigerian All-Share Index ended trading on March 11, 2026, slightly lower, down 0.09% to 195,898.5 points.
This reflects a 167.6-point drop from 196,066.1, causing the index to slip below the 196,000-point mark amid slower market activity.
Daily trading volume fell to 671 million shares, compared with 746 million shares in the previous session.
Wema Bank led market value with N2.7 billion worth of shares, while overall market capitalization edged down from N125.8 trillion across 58,792 deals to N125.7 trillion.
 
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The Nigerian All-Share Index ended trading on March 11, 2026, slightly lower, down 0.09% to 195,898.5 points.
This reflects a 167.6-point drop from 196,066.1, causing the index to slip below the 196,000-point mark amid slower market activity.
Daily trading volume fell to 671 million shares, compared with 746 million shares in the previous session.
Wema Bank led market value with N2.7 billion worth of shares, while overall market capitalization edged down from N125.8 trillion across 58,792 deals to N125.7 trillion.
Wema bank is cooking something under ground ...
 
The Nigerian All-Share Index ended trading on March 11, 2026, slightly lower, down 0.09% to 195,898.5 points.
This reflects a 167.6-point drop from 196,066.1, causing the index to slip below the 196,000-point mark amid slower market activity.
Daily trading volume fell to 671 million shares, compared with 746 million shares in the previous session.
Wema Bank led market value with N2.7 billion worth of shares, while overall market capitalization edged down from N125.8 trillion across 58,792 deals to N125.7 trillion.
Looks like a mild pullback in the market, likely driven by lower trading activity. Nothing too alarming, but it shows investors are becoming a bit cautious.
 
It's interesting to see Wema Bank leading the value chart at N2.7 billion! @Adegoroye, you’re right—they’ve been 'cooking' for a while. By hitting a N1 trillion market cap and crossing the N200bn capital threshold months ago, they've shifted from being just a 'digital bank' to a serious Tier-1 contender. While Access is a giant, the market is currently rewarding Wema’s 124% profit growth and lean execution. It shows that investors are betting on the 'underdog' that has already secured its future!
 
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Yeah, seems like a small pause rather than a trend, some investors are taking profit while some just taking a breather.
Looks like a mild pullback in the market, likely driven by lower trading activity. Nothing too alarming, but it shows investors are becoming a bit cautious.
 
It's interesting to see Wema Bank leading the value chart at N2.7 billion! @Adegoroye, you’re right—they’ve been 'cooking' for a while. By hitting a N1 trillion market cap and crossing the N200bn capital threshold months ago, they've shifted from being just a 'digital bank' to a serious Tier-1 contender. While Access is a giant, the market is currently rewarding Wema’s 124% profit growth and lean execution. It shows that investors are betting on the 'underdog' that has already secured its future!
Wema is really showing up, growth and smart moves are paying off!