The Nigerian stock market recorded a strong recovery in the week ended July 10, 2026, with investors gaining ₦9.34 trillion in market value following a broad-based rally on the Nigerian Exchange (NGX).

The NGX All-Share Index (ASI) advanced by 6.35% week-on-week, rising from 229,240.34 points to close at 243,798.76 points. Market capitalization also increased from ₦147.10 trillion to ₦156.44 trillion, reflecting renewed investor confidence after the previous week’s downturn.

The rally lifted the market’s year-to-date return to 56.67%, reinforcing Nigeria’s position among the world’s best-performing equity markets in 2026.

The recovery follows June’s market correction, with sustained buying interest across several sectors driving the sharp rebound and restoring positive sentiment among investors. Visit www.jocomms.com for more news.