The Nigerian equity market ended the third week of June 2026 in negative territory, as the All-Share Index declined from 244,738.74 points to 235,941.27 points, according to data from the Nigerian Exchange (NGX). Market capitalisation, the total value of all listed equities, dropped by N5.64 trillion, falling from N156.97 trillion to N151.327 trillion. On Friday alone, investors' portfolios diminished by N938.75 billion, following a 0.62% dip in the index.
Total Transactions and Sector Performance
Total transactions for the week amounted to 3.075 billion shares worth N254.614 billion, traded in 287,157 deals. This represents a decrease from the previous week's 4.964 billion shares valued at N207.521 billion in 235,966 deals. The Financial Services sector dominated trading activity, accounting for 67.44% of total turnover volume and 25.33% of turnover value. A total of 2.074 billion shares worth N64.490 billion were exchanged in 121,981 deals within this sector. The Services sector followed with 175.743 million shares in 19,590 deals, while the Consumer Goods Industry sector recorded 133.375 million shares worth N12.680 billion in 30,730 deals.
Top Performing Stocks
Access Holdings Plc, Sterling Financial Holdings Company Plc, and Jaiz Bank Plc led transactions by value, with a combined 819.234 million shares worth N12.247 billion in 21,809 deals. This represented 26.64% of total equity volume and 4.81% of total value traded during the week. All major NGX indices trended lower, except the NGX Sovereign Bond Index which remained unchanged. The NGX Consumer Goods Index fell by 1.61% to 728.14 points, the Oil and Gas Index dropped 1.06% to 2,040.24 points, the Industrial Goods Index declined 4.11% to 11,114.23 points, the Premium Index decreased 4.03% to 1,611.81 points, and the NGX 30 Index fell 3.64% to 1,597.08 points.
Top Price Gainers
Cornerstone Insurance Plc led the gainers, rising from N5.45 to N6.05, an increase of N0.60 or 11.01%. Academy Press Plc followed, climbing from N7.45 to N8.10, up N0.65 or 8.72%. Conoil Plc gained N16.00 to close at N210.00, representing an 8.25% increase. Neimeth International Pharmaceuticals Plc rose by N0.40 to N8.95, a 4.68% gain. Ikeja Hotel Plc increased by N1.45 to N44.60, up 3.36%. Fortis Global Insurance Plc edged up N0.02 to N0.99, a 2.06% rise. Royal Exchange Plc gained N0.03 to N1.53, up 2.00%. AXA Mansard Insurance Plc rose N0.25 to N12.85, a 1.98% increase. UACN Plc added N3.00 to close at N185.00, up 1.65%. Champion Breweries Plc edged up N0.10 to N13.20, a 0.76% gain.
Top Price Decliners
International Energy Insurance Plc led the decliners, falling from N7.11 to N5.06, a loss of N2.05 or 28.83%. First HoldCo Plc dropped N14.00 to N55.00, down 20.29%. John Holt Plc declined N2.40 to N11.20, a 17.65% decrease. Nigerian Aviation Handling Company Plc fell N31.00 to N148.50, down 17.27%. Zichis Agro Allied Industries Plc lost N5.00 to N26.00, a 16.13% decline. Tripple Gee & Company Plc dropped N0.64 to N3.36, down 16.00%. FTN Cocoa Processors Plc fell N1.49 to N7.92, a 15.83% decrease. Guaranty Trust Holding Company Plc declined N20.40 to N115.55, down 15.01%. NEM Insurance Plc lost N5.00 to N29.00, a 14.71% drop. Sovereign Trust Insurance Plc fell N0.35 to N2.16, down 13.94%.
Market Breadth and Outlook
Market breadth was negative, with 78 equities declining compared to gainers. The overall market performance reflects sustained selling pressure, wiping out N5.64 trillion in market capitalisation during the week. Financial services stocks remained the most active, driven by trading in Access Holdings, Sterling Financial Holdings, and Jaiz Bank.
