Daily Market Report: 06_08_2026

The national bourse extended its gains for a second consecutive trading session on Thursday, as renewed buying interest in FIRSTHOLDCO and FCMB lifted the NGX All-Share Index (NGX-ASI) by 0.12% to close at 245,209.34 points. Consequently, market capitalisation rose to NGN158.28 trillion, translating to an estimated NGN191.77 billion gain in investors’ wealth. Despite the positive close, market breadth remained weak at 0.69x, with 24 gainers against 35 losers. However, the Up/Down (UD) Volume Ratio stood at 1.81x, indicating that advancing stocks accounted for a larger share of traded volume despite the weaker market breadth.