Nigerian equities market rises 0.33% as buying interest returns
By Aboki Forex —
The Nigerian equities market opened the week on a positive note on Monday, June 8, 2026. The benchmark NGX All-Share Index increased by 0.33% to close at 243,396.25 points, up from 242,593.31 points in the previous session.
Investors gained N234.7 billion in wealth as the market’s year-to-date return improved to 56.41%. The rise was driven by renewed buying interest in large and mid-cap stocks.
International Energy Insurance, TIP, ABC Transport, Abbey Mortgage Bank, and Linkage Assurance were among the top gainers. International Energy Insurance rose by 9.92% to N7.98. TIP gained 9.91% to N32.15. ABC Transport advanced 9.68% to N6.80. Abbey Mortgage Bank climbed 9.63% to N10.25. Linkage Assurance added 9.36% to N1.87.
On the losing side, Fidson Healthcare dropped 10.00% to N122.85. Academy Press fell 9.70% to N7.45. RT Briscoe declined 9.43% to N13.45. Sunu Assurances lost 9.37% to N4.06. Learn Africa decreased 8.70% to N10.50.
Market breadth closed positive with 32 gainers and 30 decliners. Trading activity increased as total volume rose by 22.61% to 746.09 million shares valued at N58.05 billion across 75,217 deals.
FCMB recorded the highest trading volume with 157.80 million shares, representing 21.15% of total market volume. Dangote Cement led in value traded at N29.77 billion, accounting for 51.28% of total value. Other actively traded stocks included PREMPAINTS, TIP, and Jaiz Bank.
Investors are also positioning ahead of the Dangote Group refinery IPO, expected to launch in September 2026. Aliko Dangote confirmed the timeline after a tour of the refinery complex in Lagos.