Trading activity across major African stock exchange markets ended the last working day of the week on a mixed note, as declines in volume and turnover were recorded in Nigeria, Ghana, Kenya, and South Africa.
On the Nigerian Exchange Limited (NGX), a total of 820,445,041 shares valued at NGN 28.27 billion were exchanged in 63,462 deals on Friday, February 20, 2026, news.ng reports.
Data obtained by this medium revealed that transactions improved slightly by 3%, while trading volume declined by 9%, and turnover fell significantly by 26% compared to Thursday’s activities. Market capitalisation reached a new high of N125.2 trillion.
West African neighbour, the Ghana Stock Exchange (GSE), also saw a contraction in activity on Friday, with a total of 3,487,137 shares traded at a market value of GHS 24,758,781.18.
Compared to Thursday’s trading, the GSE recorded a sharp 91% decline in volume and an 89% drop in turnover.
Despite the negative trend, the GSE’s market capitalisation stood at GHS 217.2 billion, representing the total value of listed equities on the exchange.
Elsewhere, there was a mild decline across key indicators on the Johannesburg Stock Exchange (JSE).
Out of the 291,527,344 shares traded, stockbrokers executed 307,849 deals, amounting to ZAR 28,557,708,760.55. Compared to Thursday’s trading, this reflected a 16% decline in volume, an 11% drop in turnover, and a 4% dip in deals.
Overall, the South African bourse’s market capitalisation stood at ZAR 24.8 trillion, making it the largest on the continent.
Finally, in East Africa, trading on the Nairobi Securities Exchange (NSE) closed lower as investors traded 25,865,485 shares in 17,993 deals, with a market value of KES 699,270,023.35.
Compared to Thursday’s trading, the NSE recorded a 4% decline in volume, a 6% drop in turnover, and an 11% fall in the number of deals. Market capitalisation stood at KES 3.3 trillion.
