NGX Pulls Back Amid Trading Volume Surge

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August 20, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in ARADEL (-5.40%) and UBA (-2.17%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.30% to settle at 240,037.80 points
  • Year to date returns fell to settle at 54.25%
  • Market capitalisation fell by 0.28% to close at N154.98tn ($114.76bn)
  • Activity level in the market was mixed with the total value of stocks traded declining by 10.11% to settle at N33.99bn
  • The total volume of stocks traded rose by 140.65% to settle at 2.87bn units.

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