NGX rallies 1.39% as market capitalisation climbs to N129tn
Nigerian Exchange Group NGX
Nike Popoola
The market opened for three trading days this week as the Federal Government declared Thursday March 19 and Friday March 20, 2026, as Public Holidays to commemorate the Eid-el-Fitr Celebration.
The NGX All-Share Index and Market Capitalization appreciated by 1.39% to close the week at 201,156.86 and ₦129.126 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX Insurance, NGX AFR Div Yield, NGX Consumer Goods, NGX Oil & Gas, NGX Lotus II and NGX Commodity which depreciated by 0.42%, 2.34%, 0.10%, 4.78%, 2.76% and 4.91% respectively while the NGX Sovereign Bond index closed flat. (See a summary of index movements in the table below):
Forty-eight (48) equities appreciated in price during the week, higher than thirty-four (34) equities in the previous week. Forty-three (43) equities depreciated in price, lower than sixty-one (61) equities in the previous week, while fifty-seven (57) equities remained unchanged, higher than fifty-three (53) recorded in the previous week.
Figures obtained by Dailyeconomy from the NGX showed that a total turnover of 8.761 billion shares worth ₦267.253 billion in 193,473 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.321 billion shares valued at ₦164.845 billion that exchanged hands last week in 318,907 deals.
The ICT Industry (measured by volume) led the activity chart with 5.330 billion shares valued at ₦46.825 billion traded in 21,573 deals: thus contributing 60.84% and 17.52% to the total equity turnover volume and value respectively.
The Financial Services Industry followed with 2.765 billion shares worth ₦95.892 billion in 75,103 deals. Third place was the Consumer Goods Industry, with a turnover of 174.484 million shares worth ₦20.805 billion in 20,693
deals.
Trading in the top three equities, namely E-Tranzact International Plc, FCMB Group Plc and Wema Bank Plc, (measured by volume), accounted for 6.084 billion shares worth ₦40.661billion in 5,570 deals, contributing 69.44% and 15.21% to the total equity turnover volume and value respectively.
