Buying and selling process at the Nigerian Trade Restricted (NGX) closed on a record-breaking be aware for the consultation finishing October 29, 2026, as the whole marketplace capitalisation of indexed equities surged to an all-time top of N164.97 trillion.
The benchmark NGX All-Proportion Index (ASI) reflected this bullish momentum, gaining 1,200.24 issues (0.47%) in one day to near at a listing 254,083.02 issues, up from Wednesday’s ultimate degree of 252,882.78 issues.
In financial phrases, fairness buyers added N779.31 billion in web marketplace worth all over Thursday’s consultation on my own, reversing Wednesday’s slight pullback (N164.19 trillion) and surpassing the former listing of N164.91 trillion recorded on Tuesday, October 27, 2026.
Marketplace abstract
- All-Proportion Index (ASI): 254,083.02 issues, up 0.47% from 252,882.78 issues
- Marketplace cap: N164.97 trillion, up 0.47% from N164.19 trillion
- Marketplace worth won: N779.31 billion
- Buying and selling quantity: 654.14 million stocks, up 61.88% from 404.08 million stocks
- Overall offers: 35,789 offers, down 8.16% from 38,970 offers
Most sensible 5 gainers
- ETRANZACT: Up 10.00% to N17.60 from N16.00
- SOVRENINS: Up 9.60% to N2.17 from N1.98
- FTGINSURE: Up 9.38% to N1.75 from N1.60
- MCNICHOLS: Up 9.18% to N5.35 from N4.90
- ZICHIS: Up 8.24% to N18.40 from N17.00
Most sensible 5 losers
- FIRSTHOLDCO: Down 10.00% to N125.55 from N139.50
- LIVESTOCK: Down 9.70% to N12.10 from N13.40
- TANTALIZER: Down 8.40% to N3.60 from N3.93
- CILEASING: Down 7.41% to N5.00 from N5.40
- REGALINS: Down 7.35% to N0.63 from N0.68
Using the numbers
The main catalyst using those listing numbers used to be intense purchasing call for in commercial heavyweights along most proportion beneficial properties throughout selective mid-cap shares.
- Maximum particularly, Dangote Cement PLC, the marketplace’s biggest indexed endeavor with a capitalisation of N23.96 trillion, surged 5.82%, gaining N78.10 in keeping with percentage, to near at N1,420.00, single-handedly lifting the NGX Business Index up 3.41% to twelve,199.47 issues.
- Most day-to-day beneficial properties in tickers like eTranzact World PLC (+10.00% to N17.60) and Sovereign Believe Insurance coverage PLC (+9.60% to N2.17) added additional bullish momentum.
This commercial surge successfully absorbed profit-taking pressures within the monetary sector, the place First Holdco PLC dropped 10.00% to N125.55 on large buying and selling quantity (343.8 million stocks traded) and pulled the NGX Banking Index down 2.10% to two,461.21 issues.
Sectoral efficiency
Sectoral efficiency around the Nigerian Trade on October 29, 2026, used to be anchored through a pointy advance in commercial heavyweights and choose enlargement sectors.
- The NGX Business Index emerged because the consultation’s peak outperformer, surging 3.41% (or 401.85 issues) from 11,797.62 to twelve,199.47 issues, energized essentially through robust purchasing momentum in large-cap construction subject matter shares.
- Broader marketplace sentiment throughout top-tier listings remained firmly sure because the NGX Top class Index complex 1.01% to near at 33,374.25 issues (up from 33,039.39 issues).
- Sharia-compliant and rising company forums additionally posted wholesome expansions, with the NGX Lotus Islamic Index gaining 1.20% to complete at 24,087.12 issues and the NGX Expansion Index emerging 0.98% to 27,158.78 issues, whilst the NGX Insurance coverage Index ticked up 0.75% to at least one,037.04 issues.
Conversely, monetary products and services and governance-tracked equities confronted centered profit-taking that constrained additional market-wide beneficial properties.
The NGX Banking Index declined 2.10% from 2,513.96 to two,461.21 issues, dragged down through a ten.00% drawdown in First Holdco PLC to N125.55 along gentle pullbacks in tier-1 lenders corresponding to United Financial institution for Africa PLC (-0.23%) and Warranty Believe Protecting Corporate PLC (-0.08%). In tandem, the NGX Company Governance (CG) Index shed 1.46% to near at 7,155.12 issues.
Different key financial segments skilled muted buying and selling process, with the NGX Client Items Index slipping 0.06% to 4,016.66 issues and the NGX Oil/Gasoline Index edging up marginally through 0.05% to six,089.25 issues.