NGX Trading Activity Surges as Market Correction Continues

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

October , 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in NESTLE (-5.17%) and GTCO (-0.45%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell slightly by 0.06% to settle at 250,667.86 points
  • Year to date returns fell to settle at 61.08%
  • Market capitalisation also fell by 0.06% to close at N162.75tn ($122.21bn)
  • Activity level in the market was positive with the total value of stocks traded rising by 48.25% to settle at N40.88bn
  • Similarly, the total volume of stocks traded rose by 57.10% to settle at 875.28mn units.

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