Nigerian Stock Market Reaches N159.9 Trillion in Gains

On September 17, 2026, the Nigerian stock market continued its upward trend, marking five consecutive sessions of gains. The market capitalization of listed equities rose to N159.9 trillion, up from N158.71 trillion, reflecting an increase of approximately N1.18 trillion.
The All-Share Index climbed from 244,791.79 points to 246,315.38 points, a rise of 0.62%. Trading activity surged, with investors exchanging 1.1 billion shares across 54,026 deals, a notable increase in trading volume despite a 14.47% decline in the number of deals compared to the previous day.
The market breadth was positive, with 34 stocks advancing and 23 declining. Among the stocks that recorded gains were First HoldCo, Sovereign Trust Insurance, and Caverton Offshore Support Group, while NGX Group and Fidelity Bank closed lower.
Additionally, Moniepoint Microfinance Bank announced a new subscription route for Nigerians to invest in Dangote Refinery shares through its network of POS agents.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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