Market Posts Modest Gain Despite Softer Trading Activity

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

August 3, 2026/United Capital Report

Market Summary:

 

  • The Nigerian Exchange Market closed on a positive note due to share price appreciation in HBMNG (+1.21%) and FIRSTHOLDCO (+3.43%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.18% to settle at 245,730.53 points
  • Year to date returns rose to settle at 57.91%
  • Market capitalisation also rose by 0.18% to close at N158.61tn ($115.93bn)
  • Activity level in the market was negative with the total value of stocks traded and the total volume of stocks traded falling by 19.02% and 2.12% to settle at 37.85bn and 923.01mn respectively.

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