NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
The Nigerian Exchange (NGX) delivered an impressive performance across key indicators in the first half of 2026, with a significant number of stocks re-rated.
Investors’ wealth surged by about N48 trillion in six months, according to investment firm Atlass Portfolio Limited, with year-to-date return settling above 47%.
The local bourse experienced fast-and-furious gains during early trading sessions in 2026; significant bargain hunting pushed market capitalisation and other indicators to all-time highs.
Stockbrokers attributed the sharp and sustained rally to improved market confidence, which attracted local and foreign portfolio investors.
Though momentum has eased compared with Q1 trading activity, the Nigerian bourse has maintained its status as one of the best-performing exchanges globally.
The market closed trading activities for the month on a positive note, as key market performance indicators both appreciated by 0.45% yesterday.
The uptick was driven by renewed buying interest amid bargain hunting in recently moderated mid-cap and blue-chip stocks across key market sectors.
The All-Share Index added 1,017.26 basis points to close at 229,419.18 on June 30, while market capitalisation gained ₦652.78 billion to close at ₦147.22 trillion.
Trading activity in June was less impressive, driven by post-dividend profit-taking, socio-economic challenges, and pre-election activity, Atlass Portfolio Limited said.
NGX-ASI gained 47.43% year to date while investors’ wealth grew by ₦47.84 trillion, owing to the early-year rally, corporate earnings releases, dividend declarations, and improved market participation.
