Network Capital Limited

Daily Market Report

Thursday, 16 July 2026 · Nigerian Exchange · Close of trading

NGX All-Share Index
242,145.61 ▼ -0.09% -221.14 pts
Previous close 242,366.75
1 Week -0.74%
1 Month +0.07%
3 Months +14.27%
6 Months +45.76%
1 Year +87.76%
YTD +55.61%
Equity Market Cap ₦156.21trn
Deals 40,362
Volume Traded 498.79mn
Value Traded ₦34.96bn
Breadth Ratio 1.28

Market Breadth

127 equities traded

Top Advancers

Ordinary equities
#EquityClose (₦)Change
1 FIRSTHOLDCOFIRST HOLDCO PLC 87.25 +9.96%
2 MCNICHOLSMCNICHOLS PLC 5.40 +8.00%
3 UBAUNITED BANK FOR AFRICA PLC 44.25 +7.93%
4 VERITASKAPVERITAS KAPITAL ASSURANCE PLC 1.56 +6.85%
5 JAIZBANKJAIZ BANK PLC 8.95 +4.07%

Top Decliners

Ordinary equities
#EquityClose (₦)Change
1 EUNISELLEUNISELL INTERLINKED PLC 189.00 -10.00%
2 BUACEMENTBUA CEMENT PLC 275.60 -9.99%
3 CAPCAP PLC 142.45 -9.61%
4 ROYALEXROYAL EXCHANGE PLC. 1.42 -9.55%
5 GUINEAINSGUINEA INSURANCE PLC. 0.88 -5.38%

Most Traded — Volume

Units
#EquityClose (₦)Volume
1 JAPAULGOLD 2.98 77.66mn
2 ACCESSCORP 24.65 41.16mn
3 FIRSTHOLDCO 87.25 38.80mn
4 UBA 44.25 31.53mn
5 FIDELITYBK 21.25 23.81mn

Most Traded — Value

Turnover
#EquityClose (₦)Value (₦)
1 SEPLAT 11,363.90 ₦13.19bn
2 FIRSTHOLDCO 87.25 ₦3.38bn
3 GTCO 127.00 ₦2.57bn
4 ARADEL 1,526.80 ₦2.54bn
5 ZENITHBANK 111.00 ₦1.75bn

Sector Board

Value-traded share & breadth
  • Consumer Goods 4▲ 1▼ 4.5%₦1.56bn +0.68%
  • Healthcare 1▲ 0▼ 0.5%₦185.56mn +0.53%
  • Investment 1▲ 0▼ 0.4%₦140.86mn +0.47%
  • Oil and Gas 1▲ 1▼ 46.3%₦16.10bn +0.28%
  • Financial Services 16▲ 13▼ 34.5%₦11.99bn +0.23%
  • Construction/Real Estate 0▲ 0▼ 0.1%₦32.72mn 0.00%
  • Natural Resources 0▲ 0▼ 0.0%₦2.16mn 0.00%
  • Utilities 0▲ 0▼ 0.0%₦9.25mn 0.00%
  • ICT 2▲ 3▼ 3.2%₦1.11bn -0.09%
  • Agriculture 1▲ 2▼ 3.1%₦1.07bn -0.11%
  • Conglomerates 0▲ 1▼ 1.0%₦338.55mn -0.14%
  • Services 4▲ 2▼ 1.1%₦376.19mn -0.36%
  • Industrial Goods 2▲ 2▼ 5.4%₦1.87bn -1.46%

ETFs & Funds

Non-equity
InstrumentPrice (₦)Change
GREENWETFETF880.00+10.00%
VSPBONDETFBond ETF250.00+4.17%
VETGOODSETF57.50+2.68%
MERVALUEETF139.86+2.22%
VETBANKETF28.82+0.10%
CNIFInfrastructure Fund116.000.00%
MOFIREIFInfrastructure Fund100.000.00%
NIDFETF163.300.00%

Fixed Income & Sukuk

Bonds board
InstrumentPrice (₦)Change
FGSUK2032S7Fund115.50-11.65%
TAJSUKS2Fund99.50+10.56%

Research Desk Commentary

FIRSTHOLDCO led gainers (+9.96%); EUNISELL recorded the steepest decline (-10.00%); JAPAULGOLD was most active by volume at 77.66m shares; SEPLAT led value turnover at ₦13.19bn. The top 5 equities by traded value accounted for 67.39% of equity turnover.

On an equal-weighted basis, Consumer Goods led sector performance at +0.68%, while Industrial Goods was weakest at -1.46%.

Market breadth was mixed, with 32 advancers, 25 decliners and 70 unchanged equities; the advance-decline ratio was 1.28x.

— NETCAP Research, Lagos

Source: Nigerian Exchange Limited Data Portal, compiled by Network Capital Limited Research.
Market hours: 9:00 a.m. to 4:00 p.m. WAT, Monday to Friday.

Important Disclosure
This report is provided for general market information only. It does not constitute investment advice, an offer, solicitation or recommendation to buy, sell or hold any security. Investors should consider their investment objectives, financial circumstances and risk tolerance before making investment decisions and, where necessary, seek advice from a qualified professional.