May 12, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in UBA (+3.55%) and ARADEL (+6.89%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.67% to settle at 252,158.23 points
- Year to date returns rose to settle at 62.04%
- Market capitalization rose by 0.85% to close at N161.61tn ($117.69bn)
- Activity level in the market improved with the total value and volume of stock traded rising by 28.13% and 36.48% to settle at N87.71bn and 2.03bn units respectively
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