Market Closes in the Green Despite Weaker Trading Activity

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

August 5, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on positive note due to share price appreciation in FIRSTHOLDO (+5.93%) and NESTLE (+0.55%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.04% to settle at 244,912.24 points
  • Year to date returns rose to settle at 57.39%
  • Market capitalisation also rose by 0.04% to close at N158.09tn ($116.02bn)
  • Activity level in the market was negative with the total value and volume of stocks traded falling by 11.34% and 47.25% to settle at N25.47bn and 824.06mn units.

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