NGX Index Shatters 190,000-point Barrier as Market Cap Hits N122trn

By Dipo Olowookere

The Nigerian Exchange (NGX) Limited recorded its highest single day growth in 2026 after it chalking up 4.36 per cent on Monday, helping the two market indices hit their all-time highs.

According to data from Customs Street, the All-Share Index (ASI) soared during the session by 7,949.36 points to 190,262.44 points from last Friday’s 182,313.08 points, and the market capitalisation surged by N5.103 trillion to N122.130 trillion from the preceding session’s N117.027 trillion.

A look at the sectorial performance showed that the industrial goods counter expanded by 7.77 per cent, the energy space rose by 4.73 per cent, the banking sector grew by 4.71 per cent, the insurance industry improved by 2.45 per cent, and the consumer goods segment jumped 1.44 per cent.

Business Post reports that investor sentiment remained bullish, as the bourse finished with 57 appreciating stocks and 27 depreciating stocks, implying a positive market breadth index.

Jaiz Bank, Beta Glass, Ikeja Hotel, Zichis and Aradel Holdings all chalked up 10.00 per cent each to sell for N9.13, N453.20, N41.80, N11.88, and N1,096.70, respectively.

However, RT Briscoe lost 9.99 per cent to trade at N15.68, Deap Capital decreased by 9.91 per cent to N7.64, Caverton crashed by 962 per cent to N7.05, Guinea Insurance shrank by 9.27 per cent to N1.37, and Tantalizers dropped 8.11 per cent to quote at N5.10.

Yesterday, market participants bought and sold 1.1 billion shares valued at N64.0 billion in 64,821 deals compared with the 936.4 million shares valued at N52.7 billion transacted in 50,068 deals last Friday, indicating an uptick in the trading volume, value, and number of deals by 17.47 per cent, 21.44 per cent, and 29.47 per cent apiece.

Access Holdings remained very active at the market, further closing as the busiest on Monday with 86.7 million units worth N2.3 billion, Oando sold 73.5 million units for N3.2 billion, Zenith Bank exchanged 69.3 million units valued at N5.9 billion, Mutual Benefits transacted 67.1 million units for N289.1 million, and Japaul traded 49.2 million units worth N135.6 million.