February 17, 2026/United Capital Update
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ZENITHBANK (-10.00%) and MTNN (-3.81%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.49% to settle at 189,321.24 points
- Year to date returns fell to 21.66%
- Market capitalisation also fell by 0.49% to close at N121.55tn ($90.19bn)
- Activity level in the market was mixed with the total value of stocks traded falling by 5.99% to settle at N60.19bn. Meanwhile, the total volume of stocks traded rose by 11.52% to close at 1.19mn units.
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