NGX Posts Strong Recovery Amid Bullish Sentiment

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October 20, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a positive note largely due to share price appreciation in HBMNG (+6.76%) and WEMABANK (+0.67%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.26% to settle at 245,911.13 points
  • Year to date returns rose to close at 58.03%
  • Market capitalisation also rose by 0.26% to close at N159.67tn ($119.72bn)
  • Activity level in the market was mixed with the total value of stocks traded rising by 43.52% to settle at N25.88bn
  • Meanwhile, the total volume of stocks traded fell by 0.19% to settle at 348.75mn units

 

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