July 22, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in BUAFOODS (-10.00%) and NESTLE (-10.00%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.50% to settle at 245,418.37 points
- Year to date returns fell to settle at 57.71%
- Market capitalization also fell by 0.50% to close at N158.32tn ($115.59bn)
Activity level in the market was positive with the total value and volume of stocks traded climbing by 139.80% and 34.34% to settle at N118.18bn and 1.25bn units respectively.