Equity Market Edges Lower Despite Improved Trading Value

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

June 16, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ZENITHBANK (-2.83%) and ACCESSCORP (-1.84%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.50% to settle at 241,984.80 points
  • Year to date returns fell to settle at 55.50%
  • market capitalisation also fell by 0.50% to close at N155.20tn ($114.43bn)
  • Activity level in the market was mixed with the total value of stocks traded rising by 17.19% to settle at N36.84bn
  • Meanwhile, the total volume of stocks traded fell by 5.89% to settle at 535.53mn units

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