October 2, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in FIRSTHOLDCO (-6.16%) and NB (-1.71%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.16% to settle at 250,808.27 points
- Year to date returns fell to settle at 61.17%
- Market capitalisation also fell by 0.28% to close at N162.84tn ($122.52bn)
- Activity level in the market was negative with the total value of stocks traded falling by 48.60% to settle at N27.57bn
Similarly, the total volume of stocks traded fell by 46.19% to settle at 557.15mn units