NGX Shows Resilience Amid Mild Profit-Taking

Image Credit: govbusinessjournal.com

August 18, 2026/United Capital Report

Market Summary:
  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in FIRSTHOLDCO (-5.71%) and DANGSUGA (-1.57%)

 

  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.35% to settle at 241,611.23 points

 

  • Year to date returns fell to settle at 55.26%

 

  • Market capitalisation also fell by 0.35% to close at N155.97tn ($116.11bn)

 

  • Activity level in the market was mixed with the total value of stocks traded rising by 24.15% to settle at N27.48bn

 

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