Nigerian equities gain N650 billion as market cap hits N158 trillion

Trading on the Nigerian Exchange (NGX) closed higher on Tuesday, September 15, 2026, with the All-Share Index (ASI) rising by 1,005.27 points 0.41% just as the market capitalisation increased by N650 billion to close at N158.4 trillion, up from N157.75 trillion in the previous session, representing a 0.41% increase.

The NGX ASI climbed to 244,304.51 points, from 243,299.24 points on Monday, extending its advance to four consecutive sessions. The latest gains lifted the benchmark index to its highest level since Wednesday last week, after it recorded a weekly low of 242,223.10 points on Wednesday, September 9.

Meanwhile, trading activity strengthened, with investors exchanging 520.65 million shares in 71,977 deals, compared with 428.9 million shares traded in the previous session.

Sectoral indices were broadly positive. The NGX Oil/Gas Index posted the day’s strongest sectoral gain, rising to 6,035.23 from 5,814.57, while the NGX Banking Index edged up to 2,548.00 from 2,546.04.

On the losers’ chart, Ecobank Transnational Incorporated (ETI) recorded the maximum permitted decline of 10%, closing at N66.60. Trans-Nationwide Express followed with a 9.93% drop to N2.45, while Ava Capital Plc shed 9.90% to close at N4.55.

PZ Cussons Nigeria also featured prominently among losers, down 9.52% to N75.10, while VFD Group and Caverton Offshore Support Group declined 7.39% and 7.59% respectively.

A sectoral breakdown showed financial services remained the most actively traded segment on the main board, recording 19,255 trades and a volume of 285,127,166 shares.

On the Premium Board, financial services also led activity with 76,568,591 shares across 11,543 trades, driven by strong volumes in Zenith Bank and Access Holdings.

NGX Oil/Gas Index posted the day’s strongest sectoral gain, rising to 6,035.23 from 5,814.57

Tuesday’s session builds on the momentum of Monday’s trade.

At the close of trade on Monday, the benchmark All-Share Index (ASI) rose 0.10% to close at 243,299.24 points, while the market capitalization added N159.8 billion to close at N157.75 trillion, up from N157.59 trillion.