NGX Climbs Sharply as Market Momentum Strengthens

Image Credit: govbusinessjournal.com

April 28, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ARADEL (+9.52%) and BUAFOODS (+8.65%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 2.30% to settle at 228,740.19 points
  • Year to date returns rose to settle at 46.99%
  • Market capitalization also rose by 2.30% to close at N147.28tn ($106.67bn)
  • Activity level in the market improved with the total value and volume of stocks traded rising by 54.61% and 33.88% to settle at N68.24bn and 907.96mn units respectively

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