Trading activity on the Nigerian Exchange Limited (NGX) recorded a sharp increase in the week ended August 14, 2026, as investors exchanged 12.153 billion shares valued at N176.058 billion across 224,146 deals.
The performance represents a 126.8 percent increase in traded volume compared with the 5.359 billion shares worth N139.053 billion exchanged in 261,869 deals in the previous week. Turnover value also increased by 26.6 percent, while the number of deals declined by about 14.4 percent.
Despite the surge in trading activity, the broader equities market closed lower as investors took profits following recent gains. The NGX All-Share Index declined by 1.20 percent to 242,619.20 points, while market capitalisation fell by 1.19 percent to N156.624 trillion.
The broader market remains firmly positive for the year despite the week’s moderation, with the NGX All-Share Index recording a year-to-date (YtD) return of 55.91 percent as of August 14.
The increase in activity was also reflected in other trading indicators. Market depth improved to 27.76 percent from 21.67 percent in the previous week, while average daily value traded rose to N35.21 billion from N27.81 billion.
The Financial Services Industry dominated market activity, accounting for 11.212 billion shares valued at N88.991 billion across 102,246 deals. The sector contributed 92.25 percent of total equity turnover by volume and 50.55 percent by value.
The Information and Communication Technology (ICT) Industry followed with 246.127 million shares worth N51.605 billion traded…
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Read Full Article by Iheanyi Nwachukwu at businessday.ng
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