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← All toolsHow is the Nigerian stock market feeling today?
A daily reading of NGX mood, built from three real signals: how much the index moved, how many shares rose versus fell, and where today sits against its own recent run. Free, no login, nothing tracked.
No. 8NGX Market Mood Index
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Reading today's market
This tracks mood, not money moves. A high reading means more of the market rose today, and recently, than fell. A low reading means the opposite. It is not a forecast, and it is not telling you to buy or sell anything today.
Momentum
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Breadth
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Trend
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The index over the last few weeks
Free. No login. Refreshed from NGX's own end-of-day numbers, twice a day.
How this is built, and what it is not
Three signals, each worked out from the Nigerian Exchange's own end-of-day numbers, republished at afx.kwayisi.org and checked twice a day:
- Momentum. How much the NGX All-Share Index moved today, up or down.
- Breadth. How many listed companies' shares rose today compared with how many fell.
- Trend. Where today's index sits against its own average over the last ten trading days. This signal needs a short run of real history first: it switches on once five trading days have been gathered, and keeps sharpening for a few more after that.
The three scores are averaged into the one reading at the top of this page, the same way a well-known American version of this idea averages seven signals into one. Two signals from that longer list are not built here, on purpose rather than by oversight: a 52-week high and low signal, because no source publishes that history for NGX shares anywhere, and a bond-yield signal, because the Nigerian government sources that would carry it lock the real numbers behind pages built for a browser, not a plain data feed. Both are open questions, not abandoned ones.
A reading here describes mood, not value. A crowded, upbeat market is not the same thing as a cheap one, and a nervous market is not the same thing as a mistake. This page is education, not financial advice, the same as everywhere else on this site.