NGX market capitalization hits record N163.06 trillion as ASI rises 0.23%
Nigerian Exchange Limited (NGX) market capitalisation reached a record N163 trillion on Wednesday, September 23, 2026 as trading activity recorded high market participation. The post NGX market capitalization hits record N163.06 trillion as ASI rises 0.23% appeared first on Nairametrics .
The Nigerian Exchange (NGX) market capitalization soared to a record N163 trillion on Wednesday, September 23, 2026, buoyed by heightened trading activity and robust market participation. This marked a 0.23% increase from the previous day's N162.68 trillion. Over 1.59 billion shares were traded across 49,736 deals, primarily driven by strong buying pressure in key banking and tier-one equities.
The NGX All-Share Index (ASI) soared 0.23% (+576.36 points) to close at 251,191.02 points, marking its highest level for the trading week. The Main Board alone accounted for 1.46 billion shares in 31,617 deals, while the Premium Board contributed 113.01 million shares across 15,135 deals. Other segments, such as the Non-Interest Finance Board and Growth Board, also contributed significant trading volumes.
Real Estate Investment Trusts (REITs) and Closed-End Funds saw lower trading activity, contributing 3.21 million shares in 755 deals. Exchange Traded Products (ETPs) experienced lower trading volumes of 422,765 units across 1,373 deals. Among the top traded stocks, Fortis Global Insurance Plc led with 860.31 million shares traded in 164 deals, followed by Fidelity Bank Plc and Guaranty Trust Holding Company Plc (GTCO).
The NGX Industrial Index experienced a minor contraction, while the NGX Growth Index rose. Overall, the market displayed bullish sentiment, with broad-based buying interest and minimal profit-taking.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
