Equities Slip Slightly Amid Cooling Market Activity

Image Credit: forbes.com

April 2, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a slightly negative note due to share price depreciation in UBA (-0.43%) and OANDO (-2.22%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell marginally by 0.002% to settle at 201,698.89 points
  • Year to date returns remained unchanged at 29.62%
  • Market capitalisation also fell marginally by 0.002% to close at N129.81tn ($94.15bn)
  • Activity level in the market was negative with the total value and volume of stocks traded falling by 42.14% and 31.33% to settle at N19.26bn and 559.98mn units respectively.

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