Nigerian Stock Market Declines by N468.6 Billion
On September 30, 2026, the Nigerian stock market closed negatively, with a total loss of N468.63 billion in market capitalization, dropping from N163.999 trillion to N163.53 trillion. The NGX All-Share Index (ASI) decreased by 721.91 points, falling from 252,635.11 points to 251,913.20 points.
The decline was primarily driven by sell-offs in banking, industrial goods, and consumer stocks. Trading activity saw a significant reduction, with investors exchanging 548.65 million shares in 47,203 deals, a decrease from 1.024 billion shares traded in 61,661 deals previously.
The overall market sentiment reflected a downturn in equities, indicating challenges within the market environment.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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