Market cap climbs to N131tn as NGX extends weekly gains

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The market opened for four trading days this week as the Federal Government declared Monday April 6, 2026, as Public Holidays to commemorate the Easter Celebration.

The NGX All-Share Index and Market Capitalization appreciated by 1.03% and 1.05% to close the week at 203,770.43 and ₦131.166 trillion respectively.

Similarly, all other indices finished higher with the exception of NGX Insurance and NGX Growth which depreciated by 3.64% and 1.82% respectively.

Meanwhile, a total turnover of 3.361 billion shares worth ₦151.948 billion in 229,442 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 2.856 billion shares valued at ₦113.597 billion that exchanged hands last week in 215,287 deals.

Figures obtained from the NGX by Daily Economy showed the Financial Services Industry (measured by volume) led the activity chart with 2.303 billion shares valued at ₦90.467 billion traded in 98,175 deals: thus contributing 68.54% and 59.54% to the total equity turnover volume and value respectively. The Services Industry followed with 264.146 million shares worth ₦1.977 billion in 12,638 deals. Third place was the ICT Industry, with a turnover of 214.578 million shares worth ₦9.791 billion in 28,183 deals.

Trading in the top three equities, namely Access Holdings Plc, Wema Bank Plc and Guaranty Trust Holding Company Plc (measured by volume), accounted for 1.124 billion shares worth ₦49.451 billion in 27,886 deals, contributing 33.45% and 32.54% to the total equity turnover volume and value respectively.

Twenty-five (25) equities appreciated in price during the week, lower than twenty-nine (29) equities in the previous week. Fifty-four (54) equities depreciated in price, lower than fifty-seven (57) equities in the previous week, while sixty-seven (67) equities remained unchanged, higher than sixty-two (62) recorded in the previous week.