NGX Records Mild Pullback Amid Cautious Trading

Image Credit: govbusinessjournal.com

May 18, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in UBA (-0.57%) and GTCO (-0.20%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell marginally by 0.05% to settle at 250,204.83 points
  • Year to date returns fell to settle at 60.79%
  • Market capitalization also fell slightly by 0.05% to close at N160.36tn ($116.96bn)
  • Activity level in the market declined with the total value and volume of stocks traded falling by 16.36% and 26.16% to settle at N37.05bn and 800.46mn units respectively.

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