Market Pauses Rally as Profit-Taking Hits Key Stocks

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

May 20, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUACEMENT (-10.00%) and INTBREW(-5.38%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.02% to settle at 249,062.37 points
  • Year to date returns fell to settle at 60.05%
  • market capitalization also fell by 1.00% to close at N159.66tn ($116.21bn)
  • Activity level in the market was mixed with the total value of stocks traded rising by 1.76% and volume of stocks traded falling by 14.74% to settle at N32.72bn and 600.22mn units respectively

Click here to read full PDF copy of report

Leave a Comment

Your email address will not be published. Required fields are marked *

*