Aradel Trades N14.2 Billion as NGX Index Falls Below 195,000

On February 24, 2026, Aradel traded shares valued at N14.2 billion on the Nigerian Exchange (NGX), coinciding with a decline in the All-Share Index, which slipped below the psychological level of 195,000, closing at 194,484. This represented the index's first loss week, shedding 1,779 points from the previous close of 196,263.

Despite a decline in trading activity, with 1.13 billion shares exchanged compared to 1.29 billion in the previous session, investor participation remained sustained. The market capitalization dipped below N125 trillion, settling at N124.8 trillion across 72,218 deals.

The decline in the index dragged the year-to-date return down to -26.12%. Notably, profit-taking pressures were evident, with Tantal Daar Communications listed among the top losers.

The trading volume was led by Japaul Gold, followed by significant trades in Zenith Bank, FCMB Group, and others. The overall sentiment in the Nigerian Exchange turned bearish, ending a four-session gain streak as investors reassessed the market's overbought conditions.