Bearish sentiments ruled buying and selling at the Nigerian Alternate Restricted (NGX) on Monday, October 19, 2026, as marketplace capitalisation plummeted via N1.47 trillion (0.91%) to near at N159.26 trillion, down from N160.73 trillion recorded on the shut of buying and selling on Friday.
The benchmark All-Proportion Index (ASI) surrendered 2,261.39 issues, falling 0.91% from 247,539.73 issues to 245,278.34 issues.
This marked the bottom index level recorded over the five-day buying and selling length, down from a weekly height of 247,707.13 issues set on October 15.
In overall, fairness marketplace task noticed traders change 349,343,580 stocks throughout 43,115 offers.
Marketplace abstract
- All-Proportion Index (ASI): 245,278.34 issues, down 0.91% from 247,539.73 issues
- Marketplace cap: N159.26 trillion, down 0.91% from N160.73 trillion
- Marketplace price misplaced: N1.47 trillion
- Buying and selling quantity: 349,343,580 stocks, up 35.58% from 257.67 million stocks
- General offers: 43,115 offers, up 34.85% from 31,972 offers
Most sensible 5 gainers
- Multi-Trex Built-in Meals Plc: Up 10.00% to N0.66 from N0.60
- Crucial Minerals Financing Corp Plc (CMFC): Up 9.97% to N3.64 from N3.31
- Austin Laz & Corporate Plc: Up 9.93% to N3.21 from N2.92
- Thomas Wyatt Nigeria Plc: Up 9.92% to N2.66 from N2.42
- Neimeth Global Prescribed drugs Plc: Up 5.88% to N8.10 from N7.65
Most sensible 5 losers
- Vitafoam Nigeria Plc: Down 10.00% to N174.60 from N194.00
- Cutix Plc: Down 9.79% to N2.12 from N2.35
- Omatek Ventures Plc: Down 9.38% to N1.45 from N1.60
- Global Power Insurance coverage Plc: Down 6.48% to N2.02 from N2.16
- Linkage Assurance Plc: Down 6.29% to N1.64 from N1.75
Riding the numbers
Dangote Cement Plc, which carries a marketplace capitalisation exceeding N17 trillion, skilled a 5.50% value drop, dropping N58.70 according to proportion to near at N1,008.00, at once forcing the NGX Business Index down from 10,442.95 to ten,140.51 issues.
- Concurrently, broad-based profit-taking around the banking sector pulled the NGX Banking Index down from 2,532.47 to two,497.01 issues, led via notable value declines in primary establishments equivalent to Ecobank Transnational Included (-4.76%), Wema Financial institution Plc (-3.55%), United Financial institution for Africa Plc (-2.33%), Get entry to Holdings Plc (-1.93%), Zenith Financial institution Plc (-1.59%), and Warranty Consider Conserving Corporate Plc (-1.44%).
- Compounding the downturn was once a well-liked retreat throughout primary benchmark indices and secondary equities, with the NGX Top class Index falling from 30,927.80 to 30,371.64 issues and the NGX 30 Index declining from 9,101.27 to 9,019.16 issues.
Most proportion losses in mid-cap and shopper names additional weighed on marketplace sentiment, highlighted via Vitafoam Nigeria Plc sliding 10.00% to steer all losers, along notable declines in Cutix Plc (-9.79%), Omatek Ventures Plc (-9.38%), Global Power Insurance coverage Plc (-6.48%), Linkage Assurance Plc (-6.29%), and E-Tranzact Global Plc (-6.07%).
Sectoral efficiency
Sectoral efficiency around the Nigerian Alternate was once characterised via broad-based pullbacks, led essentially via the commercial, banking, and insurance coverage sectors.
The NGX Business Index recorded the steepest drop amongst key sectors, falling from 10,442.95 to ten,140.51 issues, closely impacted via a 5.50% value loss in Dangote Cement Plc.
- The NGX Banking Index retreated from 2,532.47 to two,497.01 issues, weighed down via sell-offs in Ecobank Transnational Included (-4.76%), Wema Financial institution Plc (-3.55%), United Financial institution for Africa Plc (-2.33%), Get entry to Holdings Plc (-1.93%), Zenith Financial institution Plc (-1.59%), and Warranty Consider Conserving Corporate Plc (-1.44%).
- Similtaneously, the NGX Insurance coverage Index slipped from 1,079.57 to one,069.94 issues, dragged down via value contractions in Global Power Insurance coverage Plc (-6.48%), Linkage Assurance Plc (-6.29%), Guinea Insurance coverage Plc (-6.25%), Regency Alliance Insurance coverage Plc (-5.00%), and Lasaco Assurance Plc (-3.31%).
- Reflecting this institutional profit-taking, primary cap-weighted benchmarks additionally closed decrease, with the NGX Top class Index losing from 30,927.80 to 30,371.64 issues and the NGX 30 Index sliding from 9,101.27 to 9,019.16 issues.
By contrast, the shopper items and oil/fuel sectors displayed balance, registering relatively minor changes regardless of wider marketplace headwinds.
- The NGX Shopper Items Index dipped relatively from 4,036.97 to 4,030.50 issues, as a ten.00% value drop in Vitafoam Nigeria Plc was once in large part cushioned via features in Multi-Trex Built-in Meals Plc (+10.00%), Global Breweries Plc (+1.50%), Honeywell Flour Mill Plc (+0.57%), and Unilever Nigeria Plc (+0.49%).
- The NGX Oil/Gasoline Index eased marginally from 6,194.00 to six,190.11 issues, influenced via refined declines in Eterna Plc (-2.87%), Japaul Gold & Ventures Plc (-1.96%), and Oando Plc (-1.72%), whilst primary power listings Seplat Power Plc and Aradel Holdings Plc closed flat.
Throughout different sub-markets, the NGX Enlargement Index softened from 26,888.42 to 26,765.65 issues, while fastened source of revenue and commodity benchmarks remained fully solid, with the NGX Sovereign Bond Index protecting at 661.50 issues and the NGX Commodity Index final unchanged at 1,937.41 issues.