NGX Returns to Positive Momentum Amid Decline in Trading Volume

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October 9, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a positive note largely due to share price appreciation in MTNN (+2.69%) and NB (+0.81%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.13% to settle at 248,363.55 points
  • Year to date returns rose to close at 59.60%
  • Market capitalisation also rose by 0.13% to close at N161.26tn ($121.14bn)
  • Activity level in the market declined with the total value and volume of stocks traded falling by 46.08% and 34.57% to settle at N20.50bn and 322.04mn units, respectively.

 

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