Nigerian stocks near 255,000 resistance as market signals overbought risk
AI Summary
Nigeria’s NGX All-Share Index has gained more than 63% in 2026 and is nearing the 255,000 resistance level. Market capitalization reached ₦165.1 trillion, while technical signals point to a risk of overbought conditions despite a continuing primary uptrend.
The NGX ASI has gained over 63% in 2026, and market capitalization has reached 165.1 trillion, while the market remains in a structural primary uptrend. The post Nigerian stocks near 255,000 resistance as market signals overbought risk appeared first on Nairametrics.