March 23, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in MTNN (-6.46%) and UBA (-0.72%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.07% to settle at 199,014.02 points
- Year to date returns fell to 27.89%
- Market capitalization also fell by 1.07% to close at N127.75tn ($94.36bn)
- Activity level in the market declined with the total value and volume of stocks traded falling by 58.99% and 86.00% to settle at N53.34bn and 848.84mn units respectively.
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