Trading activity on the Nigerian Exchange weakened sharply last week as investors trimmed exposure, pushing weekly turnover down 47.18 per cent to N134.49bn amid lingering macroeconomic pressures and caution. Jide Ajia writes
Bearish sentiments tightened their grip on the Nigerian Exchange Limited last week as total trading turnover plummeted significantly, reflecting a cautious approach by investors amid macroeconomic pressures.
According to the latest weekly market report for the week ended 26 June 2026, the total weekly turnover dropped 47.18 per cent to N134.486bn. This stands in contrast to the N254.614bn worth of shares that exchanged hands in the previous week.
Volume of activity similarly headed southwards, as investors traded a total of 2.324 billion shares in 249,328 deals last week, compared to a total of 3.075 billion shares transacted in 287,157 deals during the preceding week.
Financial services lead
Despite the overall contraction in market activity, the Financial Services Industry
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