NGX Declines 0.17% Amid Profit-Taking on August 26

On Wednesday, August 26, 2026, the Nigerian Exchange (NGX) Limited reported a decline of 0.17% in the equities market, attributed to ongoing profit-taking by investors. Following a one-day trading break for a public holiday on August 25, 2026, the All-Share Index (ASI) decreased by 402.25 points, settling at 238,682.92 points, down from 239,085.17 points.

Market capitalization also saw a reduction of N260 billion, dropping to N154.137 trillion from N154.397 trillion. The market breadth remained negative, with 17 stocks gaining in price while 41 stocks declined, indicating a lack of strong investor confidence.

Trading volume increased by 9.68%, with investors trading 733.4 million shares worth N34.5 billion across 49,210 deals, compared to 668.7 million shares valued at N23.8 billion in the previous session. The increase in trading value was notable at 44.96%, while the number of deals rose by 7.23%.