NGX Daily Recap – 29 Jun 2026: ASI -1.57% to 228,401 | Broad Selloff | 1.06bn Shares Traded

Broadcast date: Tuesday 30 June 2026 | Session covered: Monday 29 June 2026

All Share Index

The ASI FELL 1.57% to close at 228,401.92 points as a broad selloff in heavyweights dragged down the equity floor. Year-to-date return: +46.78%.

Ekaettes Equities (EE) Index

EE FELL 1.35%, mirroring the downward pressure. YTD return: +66.26%.

Market Activity

Total volume: 1.06 billion shares | Total value: NGN 44.57 billion

Top Gainers

REGENCY ALLIANCE INSURANCE: +8.86% to NGN 0.86

UPDC: +7.69% to NGN 3.50

CAPITAL HOTEL: +5.45% to NGN 116.00

Top Losers

MTN NIGERIA COMMUNICATIONS (MTNN): -10.00% to NGN 747.00

UNILEVER NIGERIA: -10.00% to NGN 126.00

LEARN AFRICA: -10.00% to NGN 9.00

Volume & Value Leaders

IKEJA HOTEL dominated the board as both the volume and value leader for the session.

Headlines

Nigeria's total pension fund assets have crossed NGN 31.32 trillion — a new record high — signalling sustained momentum in institutional asset allocation.

African airlines posted 13.3% growth in cargo demand for May 2026, according to IATA, reflecting robust trade logistics traffic across the continent.

NEIMETH INTERNATIONAL PHARMACEUTICALS received shareholder approval for a NGN 30 billion capital raise at its 67th AGM to fund infrastructure upgrades.

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Listen to the full audio recap on Spotify or Apple Podcasts — search 'Read It And Eat' or 'The NGX Daily Podcast'. New episodes every trading day. | Source: NGX Equities Price List