Equities Close Lower Amid Sharp Increase in Volume

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

March 18, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ARADEL (-9.68%) and GTCO (-7.41%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.69% to settle at 201,156.85 points.
  • Year to date returns fell to 29.27%
  • market capitalization also fell by 0.69% to close at N129.13tn ($96.05bn).
  • Activity level in the market improved with the total value and volume of stocks traded rising by 47.64% and 246% to settle at N130.06bn and 6.06bn units respectively

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