July 30, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in HBMNG (-4.00%) and ZENITHBANK (-3.60%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.66% to settle at 245,362.26 points
- Year to date returns fell to settle at 57.67%
- Market capitalisation fell by 0.63% to close at N158.34tn ($115.85bn)
- Activity level in the market was positive with the total value and volume of stocks traded rose by 583.04% and 177.01% to settle at 230.83bn and 2.10bn units respectively
- Note: The difference between the NGX-ASI and market capitalisation daily changes was due to Fortis Global Insurance’s supplementary listing of 15 billion ordinary shares.