Stock Market Depreciates by N4.91trn in First Trading Week of June
The Stock market section of the Nigerian Exchange Limited (NGX) has decapitated by N4.9 trillion in the first trading week in June 2026.
This is coming in the week T+1 settlement cycle was launched to enhance efficiency, reduce risk, and improve global competitiveness.
The market capitalisation that opened for trading in June 2026 at N160.509 trillion, dropped by N4.9 trillion to close last week at N155.593 trillion.
Out of the five trading days, the stock market saw a consistent downward movement except for its closing transaction on Friday. Profit taking in blue chip listed stocks such as MTN Nigeria Communications Plc, among others weaken investors return.
