The Nigerian equities market closed Friday, September 4, 2026, with the Nigerian Exchange Limited (NGX) All-Share Index at 246,992.44 points, while equity market capitalisation stood at ₦159.56 trillion. The session recorded 42,709 deals, with investors trading 2.24 billion shares valued at ₦73.41 billion.

Trading activity was substantial during the session, with 2,242,414,998 shares changing hands across 42,709 deals. The total value of transactions reached ₦73,411,300,791.16, indicating a sizeable level of activity across the market.

A significant portion of the day's volume was concentrated in a small number of securities. FTGINSURE accounted for approximately 64.85 per cent of total market volume, with 1,454,133,799 shares traded. However, its trading value was ₦2.84 billion, representing about 3.87 per cent of total market value traded.

United Bank for Africa Plc recorded the second highest volume at 312,421,396 shares, while its transaction value was the highest among the securities listed in the supplied data at ₦13.54 billion.

Other heavily traded securities included CONHALLPLC, with 52,823,752 shares valued at ₦331.31 million, Zenith Bank Plc, with 30,979,506 shares worth ₦3.99 billion, and Access Holdings Plc, which recorded 25,216,078 shares valued at ₦759.91 million.

The strongest price performances among the securities supplied were recorded by five gainers, with two advancing by the maximum 10.00 per cent.

Abbey Mortgage Bank Plc led the gainers, rising from ₦7.00 to ₦7.70, an increase of ₦0.70, representing a 10.00 per cent gain. Royal Exchange Plc followed, advancing from ₦1.00 to ₦1.10, a ₦0.10 increase and 10.00 per cent gain.

Nigerian Breweries Plc rose from ₦75.00 to ₦82.45, gaining ₦7.45, equivalent to 9.93 per cent. John Holt Plc increased from ₦9.10 to ₦10.00, representing a ₦0.90 gain or 9.89 per cent. Rounding out the leading gainers, Daar Communications Plc moved from ₦1.55 to ₦1.70, gaining ₦0.15, or 9.68 per cent.

The weakest price performance among the supplied securities came from FGN Sukuk 2027 Series 3, which is a government Sukuk rather than an equity company. The Sukuk declined from ₦96.00 to ₦86.00, a fall of ₦10.00, representing a 10.42 per cent decline.

HMCALL fell from ₦4.00 to ₦3.60, losing ₦0.40, equivalent to a 10.00 per cent decline. Red Star Express Plc also declined by 10.00 per cent, moving from ₦15.50 to ₦13.95, a decrease of ₦1.55.

Industrial and Medical Gases Nigeria Plc fell from ₦34.10 to ₦30.70, representing a ₦3.40 decline or 9.97 per cent. Juli Plc completed the leading decliners, falling from ₦7.25 to ₦6.55, a decrease of ₦0.70, or 9.66 per cent.

United Bank for Africa Plc generated the highest transaction value among the securities supplied, at ₦13.54 billion, despite recording fewer shares than FTGINSURE.

FTGINSURE led by volume with 1.45 billion shares, but its transaction value was ₦2.84 billion. This indicates that the exceptionally high volume in FTGINSURE was not matched by a similarly dominant share of total market value. Zenith Bank Plc ranked next by value at ₦3.99 billion, followed by FTGINSURE at ₦2.84 billion and Access Holdings Plc at ₦759.91 million.

The 246,992.44 point NGX All-Share Index and ₦159.56 trillion equity market capitalisation provide the closing snapshot of the market. Meanwhile, the ₦73.41 billion turnover and 2.24 billion shares traded demonstrate the scale of activity during the session.

The concentration of volume was particularly notable. FTGINSURE alone represented approximately 64.85 per cent of total market volume, while United Bank for Africa Plc accounted for approximately 18.45 per cent of total market value traded based on the figures supplied.

At the individual-stock level, Abbey Mortgage Bank Plc and Royal Exchange Plc recorded the strongest gains at 10.00 per cent each, while FGN Sukuk 2027 Series 3 posted the largest decline at 10.42 per cent.

These figures describe the trading outcome but do not, on their own, establish why investors bought or sold particular securities. No specific catalyst for the market's movements can therefore be attributed from the supplied data.

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