NGX Market Cap Rises by N622 Billion on Strong Trading

On September 24, 2026, the Nigerian Exchange Limited (NGX) closed with a significant bullish trend, as equity trading resulted in a market capitalization increase of N622.51 billion, elevating the total market valuation from N163.06 trillion to N163.68 trillion. Investors exchanged 978.21 million shares, with the benchmark NGX All-Share Index (ASI) gaining 958.99 index points (+0.38%) to close at 252,150.01 points.

The index reached a high of 252,150.01 points during intraday trading, reflecting strong demand in key industrial and energy sectors. Fidelity Bank Plc was the largest volume driver, trading 335,202,936 shares and closing at N20.85, a rise of +3.73%.

The trading session saw a total of 978,214,048 shares exchanged across 48,459 deals, with the Main Board dominating the trading volume. The NGX Oil & Gas Index surged by +3.95%, driven by significant buying interest in Seplat Energy Plc, which increased by +7.33% to close at N16,000.00.

Market breadth favored the bulls, with 28 equities gaining compared to 24 decliners.