February 16, 2026/United Capital Report
Equities Market Summary:
- Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+10.00%) and MTNN (+9.99%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 4.36% to settle at 190,262.44 points
- Year to date returns rose to 22.27%
- Market capitalization also rose by 4.36% to close at N122.13tn ($90.11bn)
- Activity level in the market improved with the total value and volume of stocks traded rising by 21.44% and 14.90% to close at N64.03bn and 1.08mn units respectively
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