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NGX Loses For Fifth Straight Day After Market Cap Dip N183bn

June 19, 2026
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Gains in Deap Capital, RT Briscoe, amongst others were not enough to prevent the Nigerian Exchange (NGX) from declining on Friday, as the bourse’s market capitalisation fell by N183.31 billion.

According to data from the NGX, the marker capitalisation decreased to N152.08 trillion, from N152.26 trillion on Thursday.

The all-share index (ASI) also depreciated slightly by 285.81 basis points to 237,119.11 index, from the 237,404.92 ASI reported the day before.

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Prime Business Africa (PBA) notes that the stock market closed at a loss every day this week.

Investors traded 397.89 million shares in 46,813 deals, valued at N19.39 billion, against the 691.63 million shares exchanged in 50,025 deals, valued at N116.84 billion, on Thursday.

Top Five Gainers

  • Deap Capital’s share price increased by N0.44 kobo, from N4.45 kobo to N4.89 kobo per share.
  • RT Briscoe’s share value grew by N1.15 kobo, from N11.95 kobo to N13.10 kobo per share.
  • Jaiz Bank’s share appreciated by N0.60 kobo, to end trading at N9, having opened with N8.40 kobo.
  • Living Trust’s share ended trading at N4 per share, from N3.80 kobo per share – indicating an increase of N0.20 kobo.
  • Japaul Gold’s share value was up by N0.11 kobo, after closing at N3.25 kobo, from N3.14 kobo per share.

Top Five Losers

  • NAHCO’s share price depreciated by N16.50 kobo, dwindling from N165 to N148.50 kobo per share.
  • Royal Exchange recorded a N0.17 kobo decline in its share price to end trading at N1.53 kobo, after opening with N1.70 kobo.
  • Neimeth recorded a N0.95 kobo decline in its share price to end trading at N8.95 kobo, after opening with N9.90 kobo per share.
  • AIICO lost N0.40 kobo in its share price, to sell at N4, down from N4.40 kobo per share.
  • John Holt reported a decline of N1.05, from the previous share price of N12.25 kobo, to end trading at N11.20 kobo per share.

Top Five Trading Equities

  • Access Holdings reported that 61.91 million shares valued at N1.42 billion were traded on its floor.
  • Zenith Bank recorded 26.53 million shares valued at N2.97 billion.
  • Sterling Bank saw investors trade 21.36 million of its shares valued at N163.06 million.
  • UBA recorded 15.66 million shares exchanged on its floor, worth N624.09 million.
  • United Capital reported that traders exchanged 13.65 million shares valued at N243.01 million.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline), email: [email protected] and [email protected]

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Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

Prime Business Africa

Prime Business Africa is a business, economy and policy news platform founded in 2021 by veteran journalist and media scholar, Dr Marcel Mbamalu, after he left The Guardian as Editor.

Dr Mbamalu, who serves as Founder and Publisher, set up Prime Business Africa to deliver sharp, data-driven reporting on Nigeria’s markets, trade, investment, and governance trends for decision-makers, entrepreneurs, and policy leaders.

He also writes The Bottom Line, a backpage column for Punch Newspaper every Thursday.

Under his leadership, Prime Business Africa combines deep newsroom experience with a focus on accountability journalism, aiming to bridge information gaps between Africa’s private sector and the global economy.

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