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NGX extends losing streak, investors lose N1.65 trillion in two days

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NGX extends losing streak, investors lose N1.65 trillion in two days

31 Jul, 2026

The Nigerian equities market lost N1.005 trillion in market capitalisation on Thursday, July 30, 2026, extending the negative reaction to two consecutive trading sessions as price depreciation in HBM Nigeria, NGX Group, NASCON Allied Industries, First HoldCo and Zenith Bank weighed heavily on the index. The benchmark NGX All-Share Index (ASI) declined 0.66% to close at 245,362.26 points, down from 246,980.17 points in the previous session. Market capitalisation fell to N158.34 trillion from N159.34 trillion, pulling the market’s year-to-date return down to +57.67%....................................READ MORE