Market Momentum Softens in Measured Pullback

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

February 26, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in WAPCO (-8.21%) and ZENITHBANK (-2.20%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.41% to settle at 193,567.81 points
  • Year to date returns fell to 24.39%
  • Market capitalisation also fell by 0.41% to close at N124.24tn ($91.61bn)
  • Activity level in the market declined with the total value and volume of stocks traded falling by 31.85% and 36.87% to settle at N31.48bn and 868.54mn units respectively.

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