Equities Advance Despite Softer Market Activity

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

July 23, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ACCESSCORP (+9.98%) and FIRSTHOLDCO (+9.91%)

 

  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.98% to settle at 247,831.40 points

 

  • Year to date returns  rose to settle at 59.26%

 

  • Market capitalization also rose by 1.00% to close at N159.89tn ($116.74bn)

 

  • Activity level in the market was negative with the total value and volume of stocks traded falling by 52.36% and 37.54% to settle at N56.30bn and 782.35mn units respectively.

 

  • Note: The difference between the NGX-ASI and market capitalisation daily changes was due to Linkage Assurance Plc supplementary listing of 12.32 billion shares at ₦1.32 per share.

 

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