Bulls persists at NGX as equities market cap adds N1.8trn - News Summed Up

Bulls persists at NGX as equities market cap adds N1.8trn


The Nigerian Exchange (NGX) maintained its bullish run on Tuesday, extending gains recorded earlier in the week as sustained investor appetite pushed key market indicators higher. On the downside, Abbey Mortgage Bank Plc, Sky Aviation Leasing Company Plc, Guinea Insurance Plc, Consolidated Hallmark Holdings Plc, and Livestock Feeds Plc recorded the steepest declines for the session. The NGX Banking Index led sectoral gainers with a 1.83 per cent rise, supported by renewed interest in major deposit money banks. The NGX Insurance Index edged up marginally by 0.01 per cent, while the NGX Consumer Goods Index advanced by 0.18 per cent. Overall, the market’s performance underscores sustained bullish sentiment on the NGX, driven by broad sectoral gains, expanding market capitalisation, and rising transaction values.


Source: Nigerian Tribune February 10, 2026 19:11 UTC



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