Stock Market Begin July on Negative Note, Decline by N2.39tn
Kayode Tokede
The Nigerian stock market resumed its negative note for the month of July 2026, dropping by N2.39 trillion as sustained selling pressure weighed on investor sentiment.
The Nigerian Exchange Limited All-Share Index (NGX ASI) lost 3,729.11basis points or 1.63 per cent to close at 225,690.07 basis points with Month-to-Date and Year-to-Date returns settled lower at -1.6per cent and +45per cent, respectively.
Also, market capitalisation shed by N2.39 trillion to close at N144.825 trillion.
