Equities Rally 0.62%, Market Cap Rises To N159.89trn

Leadership News | 18-09-2026 06:50am |

The Nigerian equities market continued its upward trend, with the All-Share Index rising by 1,523.59 points to close at 246,315.38 points. This represents a 0.62 percent gain, pushing market capitalisation up by N1.177 trillion to N159.892 trillion. The rally was driven by strong buying interest in cement and banking stocks, including Beta Glass, BUA Cement, First HoldCo, Fidson Healthcare, and May & Baker Nigeria. Market breadth was positive, with 33 gainers against 23 losers, while Transcorp Power led the losers with a 9.97 percent decline.

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