Daily Market Report: 28_08_2026

The Nigerian Exchange extended its bullish momentum into the final trading session of the week, with the NGX All-Share Index (NGX-ASI) rising by 0.90% from 239,156.09 points to 241,298.47 points, as renewed buying interest supported broad-based gains across the market. Similarly, market capitalisation increased by NGN1.38 trillion to NGN155.83 trillion. The index closed the week with a weekly gain of 0.81% and a year-to-date return of 55.06%.

Market breadth improved significantly to 1.74x, with 33 gainers against 19 losers, while the up/down volume ratio stood at a strong 5.39x, indicating that buying activity was broadly distributed across the market. SEPLAT emerged as the top gainer, advancing by 10.00%, followed by TRANSCOHOT (+9.76%), OMATEK (+9.49%) and DAARCOMM (+9.42%). On the downside, TOTAL led the losers, declining by 10.00%, followed by HMCALL (-8.78%) and ETRANZACT (-8.62%).