NGX Closes Lower as Market Sentiment Eases

Image Credit: govbusinessjournal.com

October 12, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in ACCESSCORP (-4.24%) and ZENITHBANK (-4.23%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.25% to settle at 247,736.24 points
  • Year to date returns fell to close at 59.20%
  • Market capitalisation also fell by 0.25% to close at N160.85tn ($120.75bn)
  • Activity level in the market was mixed with the total value of stocks falling by 3.07% to settle at N19.87bn, while the total volume of stocks traded rose by 25.88% to settle at 405.39mn units.

 

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