NGX Trading Volume Jumps 127% Amid Market Decline

In the week ending August 14, 2026, trading activity on the Nigerian Exchange (NGX) saw a significant surge, with investors exchanging 12.153 billion shares valued at N176.058 billion across 224,146 deals. This performance marks a 126.8% increase in traded volume compared to the previous week, where 5.359 billion shares worth N139.053 billion were exchanged in 261,869 deals.

The turnover value also rose by 26.6%, although the number of deals decreased by approximately 14.4%. The Financial Services Industry led market activity, contributing 11.212 billion shares valued at N88.991 billion, which accounted for 92.25% of total equity turnover by volume.

Notably, three equities—Fortis Global Insurance Plc, Cornerstone Insurance Plc, and Consolidated Hallmark Holdings Plc—accounted for 78.07% of total equity turnover volume. Despite the increased trading activity, the NGX All-Share Index fell by 1.20% to 242,619.20 points, and market capitalization decreased by 1.19% to N156.624 trillion.