Sterling, AIICO, Fidelity lead volume as NGX gains N315 billion
The Nigerian Exchange (NGX) recorded a total turnover of 662.35 million shares on Wednesday, September 16, 2026, as investors maintained strong activity across banking, insurance and financial services stocks. The post Sterling, AIICO, Fidelity lead volume as NGX gains N315 billion appeared first on Nairametrics .
On Wednesday, September 16, 2026, the Nigerian Exchange (NGX) witnessed significant trading activity, with a total turnover of 662.35 million shares. Investors demonstrated strong engagement across banking, insurance, and financial services stocks, propelling the market to new heights. The total equity transactions amounted to 63,167 deals, while the NGX All-Share Index (ASI) surged to 244,791.79 points, marking a notable increase of approximately N315 billion from the previous day's closing at 244,304.51 points.
The market capitalization expanded to N158.7 trillion, a 0.19% rise from N158.4 trillion, signaling a strong single-day appreciation. Financial services stocks led the trading volume, accounting for 422 million shares traded across 20,251 deals, making them the most active sector within the session. Several key stocks delivered impressive gains, including Livestock Feeds, Champion Breweries, Prestige Assurance, Sovereign Trust Insurance, and Learn Africa.
Conversely, some stocks experienced declines, such as Ellah Lakes, John Holt, Fidson Healthcare, Royal Exchange, and LivingTrust Mortgage Bank. This positive close extended the recent market rally, with the NGX All-Share Index reaching 244,791.79 points during the week, reflecting improved investor confidence across pivotal market sectors.
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