Equity Market Pushes Higher as Market Sentiment Improves

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

February 9, 2026/United Capital Report

Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+2.78%) and WAPCO (+1.74%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.29% to settle at 173,946.22 points.

Year-to-date returns rose to 11.78%, while market capitalization rose by 1.29% to close at N111.66tn ($81.73bn). Activity level in the market was negative with the total value and volume of stocks traded falling by 35.21% and 18.72% to close at 27.92bn and 775.18mn units respectively.

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