A 9.9% jump in Trans-Nationwide Express to NGN 3.43 stole the spotlight on the Nigerian Exchange on Thursday, April 9, 2026, even as the broader market rose only 0.12% to 1,546.27. That gap tells the real story of the session: selective buying in logistics, insurance and a handful of defensive heavyweights offset a market that was otherwise almost perfectly split.
Key figures
- TRANSEXPR +9.9% at NGN 3.43
- NGX ASI +0.12% at 1,546.27
- Breadth: 30 gainers / 31 losers / 85 unchanged
- Brent +3.5% at $98.11/bbl
- USD/NGN 1,358.5, down 1.76% on the day
Market context: NGX today stayed green, but only just
The headline number for NGX today was positive, but the internals were far less convincing. With 30 stocks advancing, 31 declining and 85 unchanged out of 146 tracked names, the rise in the NGX all share index was not driven by broad-based risk appetite. Instead, it reflected strength in a narrow set of counters while much of the market marked time.