NGX Continues Its Recent Market Correction

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August 21, 2026/United Capital Report

Market Summary

  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in FIRSTHOLDCO (-1.55%) and DANGSUGAR (-2.79%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.29% to
    settle at 239,351.16 points
  • Year to date returns fell to settle at 53.81%
  • Market capitalisation fell by 0.29% to close at N154.53tn ($114.77bn)
  • Activity level in the market was mixed with the total value of stocks traded increasing by 4.81% to
    settle at N35.63bn while the total volume of stocks traded fell by 85.49% to settle at 416.67bn units.

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