Snapshot
On Friday, June 29, 2026, the Nigerian bourse closed negatively, extending the losses into a third consecutive trading session as sustained profit-taking across stocks outweighed pockets of market bargain hunting.
The benchmark NGX All-Share Index (ASI) fell by 0.66% to close at 232,049.02 points, down from 233,580.83 points recorded in the previous trading session. The decline lowered investors wealth by N982.96bn. Consequently, the market’s year-to-date (YTD) return dropped to 49.12%.
Market performance was largely pressured by selloffs in several heavily capitalised stocks like ARADEL (-10.00%), IKEJAHOTEL (-3.14%), DANGSUGAR (-2.86%), GTCO (-1.62%), NB (-1.09%), FIRSTHOLDCO (-0.66%), ACCESSCORP (-0.22%), ZENITHBANK (-0.04%), and 30 others.
Market breadth weakened with 38 decliners outpacing 13 gainers, reflecting broad-based selling pressure across sectors. The continued weakness suggests investors are actively locking in profits following the market’s strong rally earlier in the year. UNIVINSURE topped the gainers’ chart, while ARADEL led the decliners. Meanwhile, UPDC hit its 52-week low at N3.25.
The Proshare Memorandum Indexes also closed bearish, with the market cap-weighted index down 0.09% to 1,357.51 points from 1,358.71 points in the previous session, while the total return float-adjusted index declined 0.22% to 944.25 points from 946.35 points.
Volume and Value Contribution
Market activity was down today, as total volume traded declined 1.26% to 388.69m, valued at N18.43bn across 44,631 deals. ACCESSCORP recorded the highest volume with 33.22m units traded, accounting for 8.55% of the day’s volume, while ARADEL recorded the highest value at N4.29bn, accounting for 23.29% of the value traded for the day. WEMABANK and DEAPCAP accounted for 6.26% and 6.19% of the total volume, respectively, while MTNN and GTCO followed ARADEL in traded value
NGX Earnings Summary
Corporate Results
NGX Corporate News
- Nestle Nigeria Plc Notification of Closed Period – NGX
- BUA Cement Plc Directors’ Dealings – NGX
- Livestock Feeds Plc 2026 Annual General Meeting Resolutions – NGX
- Airtel Africa Plc Major Shareholding Announcement – NGX
- Beta Glass Plc FY2025 AGM Resolutions – NGX
- Newgold Exchange Traded Fund Availability Of AFS_31 March 2026_26062026 – Nigeria – NGX
- Chams Holding Company Plc Appointment of Chairman Board of Directors – NGX
For more analysis of the NGX-listed equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
Similarly, the unlisted NASD Securities Index (NSI) closed bearish today, down 1.95% to 4,277.07 points from 4,362.32 points on Thursday.
The total volume traded advanced to 955,096 valued at N29.90m, across 31 deals.
At the close of trading, the NASD OTC recorded four (4) losers.
1.3 Global Indices
The global indices closed lower on Friday, with Japan’s Nikkei 225 leading the losers’ chart with 69,360.88 index points. For more updates on the global scene, click here.
1.4 African Indices
The prices in the African market were relatively favourable today. For the latest data and updates, please click here.
2. Bonds and Fixed-Income Markets
2.1 Debt Market Size
The Debt Market Size was unavailable at the time of publishing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight and Open Repo rates were unavailable while preparing the report.
3.1 AFEX Indices
On Friday, AFEX Commodities Index (ACI) closed flat at 36.11 index points, while AFEX Export Index (AEI) also closed flat at 37.55 index points. Data on AFEX Indices can be accessed here.
3.2 AFEX Commodity Prices
At the AFEX Commodity market on Friday, Maize, Soybeans and Sorghum fell 13.80%, 4.01% and 0.84%, respectively, to close at N206.81, N586.75 and N327.55. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold, Premium Eko Rice, and Eko Rice Classic prices at the Lagos Commodities and Futures Exchange (LCFE) remained unchanged on Friday, closing at N140,000.00 per gram, N47,000.00 per 50kg, and N55,000 per 50kg, respectively.
3.4 Global Commodity Prices
In the global commodity market, Gold and Silver advanced by 1.39% and 1.90%, respectively, to close at US$4,088.55 and US$59.44. Brent and WTI crude futures slumped by 4.28% and 3.93%, respectively, to close at US$72.04 and US$69.09 as of 02:50 PM GMT on Friday, on course for steep weekly losses, as more oil tankers exited the Strait of Hormuz, easing supply constraints, even though a cargo vessel was hit near Oman on Thursday.
The average BDC rate depreciated 0.36% from N1,400/USD to N1,405/USD, while the NFEM rate declined by 0.06% to N1,380.93/USD from N1,380.11/USD. For updates on the Nigerian FX Market, kindly click here.
Disclaimer
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