Market Takes a Breather After Sustained Gains

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

November 11, 2026/United Capital Report

Market Summary:

 

  • Today, the Nigerian Exchange Market closed on a negative note largely due to share price depreciation in OKOMUOIL (-10.00%) and FIRSTHOLDCO (-3.74%)
  • As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.18% to settle at 251,861.24 points
  • Year to date returns fell to close at 61.85%
  • Market capitalisation also fell by 0.18% to close at N163.53tn ($121.06bn)
  • Activity level in the market declined with the total value of stocks traded falling by 24.88% and 23.28% to settle at N22.83bn and 418.35mn units, respectively.

 

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