Broad-based demand for financial equities lifted the NGX All-Share Index by 2.78 per cent to 249,804.60 points. Strong trading volumes and sustained position-taking in banking stocks offset losses in power and industrial tickers to anchor the weekly rally, JIDE AJIA reports
Trading activities on the Nigerian Exchange Limited closed on a bullish note on Friday, 18 September, 2026, with key market indicators recording significant appreciation driven by sustained investor demand in high-cap and financial sector stocks.
The NGX All-Share Index and market capitalisation appreciated by 2.78 per cent to close the week at 249,804.60 points and N163.50tn, respectively. Gains remained concentrated across small, mid, and large-cap equities as investor focus shifted from liquidity preservation ahead of the Dangote Refinery Initial Public Offering towards selected stocks with attractive valuations.
A total turnover of 3.20 billion shares worth N168.67bn was traded during the week in 287,919 deals, reflecting a 23.83 per cent
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