October 19, 2026/United Capital Report
Market Summary:
- Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in DANGCEM (-5.50%) and UBA (-2.33%)
- As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.91% to settle at 245,278.34 points
- Year to date returns fell to close at 57.62%
- Market capitalisation also fell by 0.91% to close at N159.26tn ($119.41bn)
- Activity level in the market was positive with the total value and volume of stocks traded rising by 37.94% and 35.57% to settle at N18.03bn and 349.40mn units, respectively.