NGX All-Share Index edges up 0.12% in week to 7 August 2026 as First HoldCo, FCMB lead bank gains and AVA Capital debuts strongly

The Nigerian Exchange closed the week ended 7 August 2026 marginally higher, with the All-Share Index up 0.12% week-on-week to 245,573.60 points and equity market capitalisation at N158.513 trillion, lifting the year-to-date return to about 57.8%. Breadth was negative despite the index gain — 26 gainers against 63 losers — and turnover was 5.359 billion shares worth N139.053 billion in 261,869 deals, with Financial Services accounting for 64.73% of volume. The week was choppy: the index opened August higher on 3 August, then shed 0.38% to 244,802.83 on 4 August (about N599 billion off market value), before tier-one banks (FUGAZ) added roughly N237.8 billion on Friday, 7 August. Note: for several of the week's biggest decliners (THOMASWY, CMFC, TRANSEXPR, CAP, ETI) and for the upcoming dividend-payer list (TIP, SEPLAT, PRESCO, CUSTODIAN, MTNN, LINKASSURE), no verifiable company-specific news for this week was found, so no explanation is offered here rather than speculating.

Top movers this week

• AVACAP (AVACAP) +33.33% — AVA Capital Plc was admitted to the NGX Main Board by way of Listing by Introduction on 31 July 2026, and the newly listed shares rose 33.33% in its first full trading week, the market's best weekly performance. (source)
• FIRSTHOLDCO (First Holdco Plc) +21.22% — First HoldCo Plc reported record half-year 2026 profit before tax of N653.54 billion, an 83.5% increase on the N356.15 billion posted in H1 2025, and the stock extended its strong run on the NGX during the week alongside other banking names. (source)
• ETERNA (Eterna Plc) +21% — Eterna Plc's unaudited H1 2026 results showed revenue up 38% to N217.31 billion, gross profit more than doubling to N15.99 billion and operating profit rising to N8.78 billion from N2.34 billion, with profit of N5.88 billion for the period. (source)
• FCMB (FCMB Group Plc) +14.1% — FCMB Group Plc's unaudited results for the half-year ended 30 June 2026 showed profit before tax up 99% year-on-year to N157.3 billion from N79.1 billion, with total assets rising to N8.36 trillion from N7.63 trillion at December 2025. (source)
• LINKASSURE (Linkage Assurance Plc) +9.94%

• THOMASWY (Thomas Wyatt Plc) -26.71%
• CMFC (Critical Minerals Financing Corp. Plc) -24.43%
• TRANSEXPR (Trans-nationwide Express Plc) -23.76%
• CAP (CAP Plc) -18.95%
• ETI (Ecobank Transnational Incorporated) -18.94%

Upcoming ex-dividend dates

• TIP (The Initiates Plc) — ₦0.2/share, ex-date 10 Aug
• SEPLAT (Seplat Energy Plc) — $0.07/share, ex-date 13 Aug
• SEPLAT (Seplat Energy Plc) — $0.05/share, ex-date 13 Aug
• PRESCO (Presco Plc) — ₦10/share, ex-date 14 Aug
• CUSTODIAN (Custodian Investment Plc) — ₦0.25/share, ex-date 17 Aug
• MTNN (MTN Nigeria Comm. Plc) — ₦26/share, ex-date 20 Aug

---

Educational weekly recap for the NGX — not investment advice. Figures and news are drawn from public sources linked above.