NGX Retreats Despite Surge in Trading Activity

Image Credit: govbusinessjournal.com

June 29, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in MTNN (-10.00%) and DANGSUGAR (-4.93%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.59% to settle at 228,366.32 points
  • Year to date returns fell to settle at 46.75%
  • Market capitalisation also fell by 1.59% to close at N146.54tn ($106.12bn)
  • Activity level in the market climbed with the total value and volume of stocks traded rising by 137.27% and 156.37% to settle at N43.73bn and 996.47mn units respectively

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