Nigeria’s equities market extended its losing streak to five sessions on Monday, August 17, 2026, as the NGX All-Share Index fell 0.07% to 242,454.65 points from 242,619.20.
Market capitalisation dropped by about N106.24 billion to N156.52 trillion from N156.62 trillion. Last week, the ASI and market capitalisation fell 1.20% and 1.19%, respectively, while other indices also closed lower. The NGX Sovereign Bond Index was flat.
Year-to-date returns eased to 55.81% as selling pressure in banking and insurance stocks outweighed gains in some mid-cap stocks.
Trading was mixed. Volume fell 5.89% to 1.33 billion shares, while turnover dropped 49.40% to N22.93 billion. Deals, however, rose 16.25% to 45,494, showing more frequent but smaller trades. Market breadth was negative, with 36 losers against 18 gainers.
NGX Group fell 4.11% to N133.10, Stanbic IBTC dropped 3.16% to N156.10, PZ Cussons declined 3.75% to N77.00 and UAC Nigeria lost 1.82% to N166.90. Zenith Bank, Access Holdings, UBA and Wema Bank also fell, while NEM Insurance dropped 8.83%.
Dangote Sugar rose 8.60% to N70.10, NAHCO gained 7.29% to N150.20, Fidelity Bank climbed 2.33% to N22.00 and Oando added 0.28% to N35.20. Trans-Nationwide Express, AVA Capital, Thomas Wyatt Nigeria and Legend Internet were also among the top gainers.
RT Briscoe led losers with a 9.91% fall, followed by Fortis Global Insurance, McNichols, UPL and NEM Insurance.
The Insurance Index fell 1.48%, while Banking dropped 0.46%. Consumer Goods gained 0.43%, Oil & Gas edged up 0.01%, while Industrial Goods and Commodity indices were largely flat.
