July 2, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in FCMB (-8.59%) and FIRSTHOLDCO (-8.22%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 1.61% to settle at 224,321.97 points
- Year to date returns fell to settle at 45.15%
- Market capitalisation also fell by 0.61% to close at N143.95tn ($105.06bn)
- Activity level in the market declined with the total value and volume of stocks traded falling by 103.59% and 75.24% to settle at N28.42bn and 855.40mn units respectively.