NGX Pulls Back as Selling Pressure Returns

Image Credit: govbusinessjournal.com

August 11, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note due to share price depreciation in MTNN (-4.73%) and INTBREW (-5.98%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.73% to settle at 246,723.57 points
  • Year to date returns fell to settle at 58.55%
  • Market capitalisation also fell by 0.73% to close at N159.26tn ($116.68bn)
  • Activity level in the market mixed with the total value of stocks traded rose with the total value and volume of stocks traded rising by 19.85% and 243.77% to settle at N32.38bn and 3.91bn units respectively.

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