NGX All-Share Index Surges Past 197,000 for the First Time
On March 9, 2026, the Nigerian Exchange All-Share Index closed at 197,197.0, marking a historic breach of the 197,000 barrier. Market capitalisation rose slightly to ₦126.5 trillion across 86,488 deals. Trading volume climbed to 762.5 million shares, up from 585 million in the previous session. Aradel led turnover with ₦5.07 billion, followed by Zenith Bank at ₦3.6 billion. Major gainers included Conoil, Omatek, and Legend Internet, each up 10%. Overall sentiment stayed bullish, with a 26.72% year-to-date return. Analysts note the market is overbought and expect only shallow retracements ahead.
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