NGX market cap hits record N164 trillion as trading volume surges
Trading activity on the Nigerian Exchange Limited (NGX) experienced a surge in liquidity on Monday, September 28, 2026, as total equity trading volume crossed the one-billion mark, reaching 1,024,773,814 shares exchanged across 61,661 deals. The post NGX market cap hits record N164 trillion as trading volume surges appeared first on Nairametrics .
On Monday, September 28, 2026, the Nigerian Exchange Limited (NGX) witnessed a significant increase in market liquidity, with total equity trading volume surpassing the one-billion share mark, totaling 1,024,773,814 shares exchanged in 61,661 deals. This surge propelled the total market capitalization of listed equities to a record N163.999 trillion (approximately N164.00 trillion), up from N163.655 trillion in the previous trading session on September 25.
The NGX All-Share Index (ASI) experienced an appreciation of 521.70 points (+0.21%) and closed at 252,635.11 points, following a rise from 252,113.41 points. The market capitalization increased by 0.21% from N163.655 trillion to N164.00 trillion, marking a trading volume of 1.024 billion shares, a 44.47% increase from the previous session's 708.81 million shares.
A total of 61,661 deals were executed, a 45.31% jump from 42,434 deals. Notable performers included University Press Plc, Critical Minerals Financing Corp Plc, ABC Transport Plc, Eterna Plc, and Sovereign Trust Insurance Plc. Conversely, Fortis Global Insurance Plc saw a decline of 9.50%, while Trans-Nationwide Express Plc and R. T. Briscoe (Nigeria) Plc experienced drops of 8.47% and 6.07%, respectively. The NGX Industrial Index remained relatively stable, with no significant gains or losses.
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