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The stock market extended its losses as investors lost N32.16 billion, with the NGX All-Share Index declining by 0.09%The decline was driven by losses in Eunisell, BUA Cement, CAP, Transcorp, and Access Holdings, despite strong buying interest across the marketTAJS Bank, First HoldCo, UBA, and McNichols topped the gainers’ chart, while Eunisell, BUA Cement, CAP, and Royal Exchange led the losers
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and market trends.
The Nigerian stock market closed lower on Thursday, July 16, 2026, extending the previous session’s losses as profit-taking in selected large- and mid-cap stocks dragged the benchmark index lower.
Market data showed that the NGX All-Share Index (ASI) declined by 0.09%, falling from 242,366.75 points to 242,145.61 points. Investors’ wealth also dropped by approximately N32.16 billion, while the market capitalisation slipped by 0.02%.
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