NGX Bulls March on as Market Capitalisation Crosses N160 Trillion

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

September 7, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a positive note largely due to share price appreciation in MTNN (+2.45%) and INTBREW (+3.02%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.29% to settle at 247,699.78 points
  • Year to date returns rose to settle at 59.18%
  • Market capitalisation rose by 0.65% to close at N160.60tn ($121.62bn)
  • Activity level in the market was negative with the total value of stocks traded falling by 62.88% to settle at N27.25bn. The total volume of stocks traded fell by 81.81% to settle at 407.85mn units
  • Note: The difference between the NGX-ASI and market capitalisation daily changes was due to Dangote Sugar Refinery Plc’s supplementary listing of 8.10 billion shares

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