Driven by high liquidity and key corporate listings, the Nigerian equity market ended the final week of July 2026 on a mixed note. Profit-taking pushed main benchmark indices lower, even as overall trading volume and value surged well past the previous week’s levels, JIDE AJIA reports
Trading activity on the Nigerian Exchange Limited for the week ending 31 July 2026, closed on a mixed note as profit-taking activities dragged key benchmark indicators into negative territory.
The NGX All-Share Index depreciated 0.84 per cent to close the week at 245,283.68 points, while overall Market Capitalisation fell 0.79 per cent to finish at N158.326tn. Despite this weekly pullback, market momentum remains firmly bullish on a broader horizon, backed by a Year-to-Date return of 57.62 per cent.
Sectoral performance was predominantly bearish across most sector boards, though resilience was registered in select indices. The NGX Premium Index, NGX Insurance Index, and NGX Sovereign
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