NGX Achieves N164 Trillion Market Cap with High Trading Volume

On September 28, 2026, the Nigerian Exchange Limited (NGX) reported a record market capitalization of N163.999 trillion, approximately N164.00 trillion, an increase from N163.655 trillion on September 25. Trading volume surged, exceeding one billion shares, with a total of 1,024,773,814 shares exchanged across 61,661 deals.
The NGX All-Share Index (ASI) rose by 521.70 points (+0.21%), closing at 252,635.11 points, up from 252,113.41 points. Fidelity Bank Plc dominated the market with substantial trading activity, recording 528,004,480 shares across 1,252 deals.
Additionally, Real Estate Investment Trusts (REITs) & Closed-End Funds saw 2,586,950 shares traded in 790 deals, while the Non-Interest Finance Board registered 6,373,161 shares in 1,806 deals. The market displayed a predominantly bullish trend, with 33 gainers compared to 24 losers, reflecting positive investor sentiment.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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