NGX Retreats as Investor Sentiment Moderates

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

July 1, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in ARADEL (-10.00%) and ZENITHBANK (-4.50%)

 

  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.63% to settle at 225,690.07 points

 

  • Year to date returns fell to settle at 45.03%

 

  • Market capitalisation also fell by 1.63% to close at N144.82tn ($104.97bn)

 

  • Activity level in the market declined with the total value and volume of stocks traded falling by 65.09% and 49.50% to settle at N13.96bn and 488.12mn units respectively

 

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