NGX Rally Gains Momentum as Buying Interest Returns

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August 10, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in AIRTELAFRI (+8.59%) and GTCO (+1.56%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 1.20% to settle at 248,529.75 points
  • Year to date returns rose to settle at 59.71%
  • Market capitalisation also rose by 1.20% to close at N160.42tn ($117.94bn)
  • Activity level in the market mixed with the total value of stocks traded rising by 1.37% to settle at N27.02bn.
  • Meanwhile, the total volume of stocks traded fell by 25.11% to settle at 1.14bn units.

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