The Nigerian Alternate Restricted (NGX) wrapped up the buying and selling week on a powerful prime observe on Friday, October 23, 2026 as overall marketplace capitalisation rose above N160 trillion.
Knowledge from the NGX presentations that the mixture marketplace capitalisation of indexed equities closed at N160.52 trillion, reflecting a single-day appreciation of N1.47 trillion (+0.92%) in comparison to Thursday’s ultimate determine of N159.05 trillion.
Similtaneously, the benchmark All-Proportion Index (ASI) jumped by way of 2,265.33 foundation issues (+0.92%) on Friday to hit 247,222.27 issues, the perfect index degree recorded all through the five-day buying and selling length.
General marketplace turnover throughout all fairness forums noticed 611,664,685 stocks exchanged in 33,540 offers on Friday.
Marketplace abstract
- All-Proportion Index (ASI): 247,222.27 issues, up 0.92% from 244,956.94 issues
- Marketplace cap: N160.52 trillion, up 0.92% from N159.048 trillion
- Marketplace worth received: N1.47 trillion
- Buying and selling quantity: 611,664,685 stocks, up 69.57% from 360.71 million stocks
- General offers: 33,540 offers, up 6.97% from 31,355 offers
Best 5 gainers
- Dangote Cement Plc (DANGCEM): Up 10.00% to N1,111.00, from N1,010.00
- First Holdco Plc (FIRSTHOLDCO): Up 10.00% to N144.10, from N131.00
- Guinea Insurance coverage Plc (GUINEAINS): Up 9.41% to N0.93, from N0.85
- Constancy Financial institution Plc (FIDELITYBK): Up 9.09% to N24.00, from N22.00
- FTN Cocoa Processors Plc (FTNCOCOA): Up 5.60% to N7.92, from N7.50
Best 5 Losers
- Farm animals Feeds Plc (LIVESTOCK): Down 9.79% to N17.05, from N18.90
- Tripple Gee and Corporate Plc (TRIPPLEG): Down 8.74% to N2.82, from N3.09
- UPDC Actual Property Funding Believe (UPDCREIT): Down 8.14% to N17.50, from N19.05
- HBM Nigeria Plc (HBMNG): Down 7.65% to N350.00, from N379.00
- Neimeth Global Prescription drugs Plc (NEIMETH): Down 6.58% to N7.10, from N7.60
Riding the numbers
Main Friday’s rally was once Dangote Cement Plc, which hit its most day by day appreciation restrict of 10.00% (+N101.00) to near at N1,111.00 consistent with percentage, along First Holdco Plc, which additionally surged 10.00% (+N13.10) to N144.10 consistent with percentage.
On account of their huge marketplace valuations, beneficial properties in those heavyweights immediately lifted the NGX Commercial Index from 10,269.22 to ten,646.68 issues and boosted the NGX Top rate Board Index to 31,175.31 issues, serving as the primary catalyst at the back of the single-day N1.47 trillion marketplace growth.
Investor urge for food remained sturdy for industrial banks, as beneficial properties in counters like Constancy Financial institution Plc (+9.09%) lifted the NGX Banking Index to two,515.47 issues. Conversely, profit-taking in power company Aradel Holdings Plc (-6.33%) pulled the NGX Oil & Fuel Index down from 6,191.20 to six,035.77 issues, demonstrating that the full week-end rally was once particularly propelled by way of capital focus in best commercial and banking shares slightly than large cross-sector momentum.
Sectoral efficiency
Sectoral efficiency at the NGX was once overwhelmingly bullish throughout key commercial and institutional forums, spearheaded by way of a powerful late-week surge in heavy-industry and banking equities.
- The NGX Commercial Index emerged because the week’s best performer, jumping from 10,269.22 issues on Thursday to near Friday at 10,646.68 issues, smartly above Monday’s opening degree of 10,140.51 issues.
- Vast-based call for for tier-one equities additionally propelled the NGX Top rate Board Index to a weekly height of 31,175.31 issues (up from 30,351.38 issues on Thursday), whilst the NGX Banking Index rallied sharply to two,515.47 issues from Thursday’s low of two,452.40 issues.
- Moreover, the NGX Pension Index rebounded to twelve,804.21 issues and the NGX Enlargement Index expanded incessantly around the five-day length to complete at 26,899.14 issues.
- By contrast, selective profit-taking created noticeable headwinds for power and major board counters. The NGX Oil & Fuel Index recorded the consultation’s sharpest pullback, tumbling from 6,191.20 issues on Thursday to near at 6,035.77 issues.
- In a similar way, the NGX Primary-Board Index slipped to ten,721.06 issues on Friday from 10,752.60 issues on Thursday, reflecting blended sentiment amongst mid-cap equities.
Whilst the NGX Shopper Items Index controlled a modest tick-up to 4,014.81 issues and the NGX Insurance coverage Index nudged as much as 1,049.43 issues on Friday, each sectors ended the week beneath their respective Monday opening figures of four,030.50 issues and 1,069.94 issues. In the meantime, fixed-income signs remained stagnant, with the NGX Sovereign Bond Index conserving flat at 661.50 issues all through all of the buying and selling week.