NGX Closes Lower Amid Mixed Trading Activity

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August 4, 2026/United Capital Report

Market Summary:

  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in FIRSTHOLDO (-2.99%) and ZENITHBANK (-0.48%)

  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.38% to settle at 244,802.83 points

  • Year to date returns fell to settle at 57.32%

  • Market capitalisation also fell by 0.38% to close at N158.02tn ($115.78bn)

  • Activity level in the market was mixed with the total value of stocks traded falling by 24.09% to settle at N28.73bn

  • Meanwhile, the total volume of stocks traded rose by 69.25% to settle at 1.56bn units

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