Nigerian Equities Market Appreciates by N1.498 Trillion Week Ending September 28, 2026
What happened
The Nigerian equities market appreciated by N1.498 trillion during the week ending September 28, 2026. The benchmark NGX All-Share Index (ASI) advanced 2,308.91 basis points, or 0.92 per cent week-on-week, to close at 252,113.41 points. Market breadth was positive, with 61 gainers against 32 decliners. Investors exchanged 4.689 billion shares, valued at N237.986 billion, across 261,198 deals.
From blueprint.ng
Why it matters
The market saw volume leadership, with trading volume and transaction value increasing by 44.32 per cent and 1.19 per cent week-on-week, respectively. The Financial Services Industry led the activity chart, contributing 75.43 per cent to the total equity turnover volume.
From blueprint.ng
Who's involved
- Rocket SoftwareSoftware company listed in the market
- RobinhoodAmerican financial services company
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Rocket SoftwareSpeculative
Positive market momentum could increase demand for specialized AI solutions.