Market cap hits N129.8tn as NGX edges higher in holiday-shortened week
Nigerian Exchange Group NGX
Nike Popoola
The market opened for four trading days this week as the Federal Government declared Friday April 3 and Monday April 6, 2026, as Public Holidays to commemorate the Easter Celebration.
The NGX All-Share Index and Market Capitalization appreciated by 0.39% and 0.65% to close the week at 201,698.89 and ₦129.806 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Main Board, NGX Insurance, NGX MERI Value, NGX Consumer Goods, NGX Industrial Goods and NGX Growth which depreciated by 0.29%, 4.25%, 0.36%, 1.74%, 0.24% and 0.06% respectively while the NGX Sovereign Bond index closed flat.
Twenty-nine (29) equities appreciated in price during the week, lower than forty-seven (47) equities in the previous week. Fifty-seven (57) equities depreciated in price, higher than forty-five (45) equities in the previous week, while sixty-two (62) equities remained unchanged, higher than fifty-six (56) recorded in the previous week.
Meanwhile, a total turnover of 2.856 billion shares worth ₦113.597 billion in 215,287 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.950 billion shares valued at ₦201.312 billion that exchanged hands last week in 359,642 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.811 billion shares valued at ₦61.901 billion traded in 86,818 deals: thus contributing 63.41% and 54.49% to the total equity turnover volume and value respectively. The Services Industry followed with 299.895 million shares worth ₦2.966 billion in 13,797 deals. Third place was the ICT Industry, with a turnover of 183.233 million shares worth ₦14.654 billion in 25,287 deals.
Trading in the top three equities, namely Wema Bank Plc, Access Holdings Plc and Secure Electronic Technology Plc (measured by volume), accounted for 734.659 million shares worth ₦14.134 billion in 12,319 deals, contributing 25.72% and 12.44% to the total equity turnover volume and value respectively.
