Bearish sentiment prolonged its grip at the Nigerian Trade (NGX) on Tuesday, October 13, 2026, pulling fairness marketplace capitalization down by means of N144.54 billion in one buying and selling consultation.
Overall fairness marketplace capitalization dropped from N160.85 trillion on Monday, October 12, to near at N160.71 trillion.
Similtaneously, the benchmark NGX All-Proportion Index (ASI) fell by means of 222.61 issues (or 0.09%), settling at 247,513.63 issues. This marks the bottom index degree reached throughout the buying and selling window from October 7 to October 13.
Marketplace process throughout equities remained colourful, with traders buying and selling 394,155,529 stocks throughout 38,660 offers.
Marketplace abstract
- All-Proportion Index (ASI): 247,513.63 issues down 0.09% from 247,736.24 issues
- Marketplace Cap: N160.71 trillion, down 0.09% from N160.85 trillion
- Marketplace price misplaced: N144.54 billion
- Buying and selling quantity: 394.16 million stocks, down 2.76% from 405.36 million stocks
- Overall offers: 38,660 offers, down 26.91% from 52,891 offers
Most sensible 5 gainers
- eTranzact World Plc: Up 9.96% to N14.35 from N13.05
- Wapic Insurance coverage Plc: Up 7.83% to N2.48 from N2.30
- DAAR Communications Plc: Up 7.25% to N1.48 from N1.38
- Cattle Feeds Plc: Up 6.92% to N15.45 from N14.45
- Chams Protecting Corporate Plc: Up 5.88% to N3.60 from N3.40
Most sensible 5 losers
- Legend Web Plc: Down 6.85% to N3.40 from N3.65
- Omatek Ventures Plc: Down 6.43% to N1.31 from N1.40
- Protected Digital Era Plc: Down 5.71% to N0.66 from N0.70
- Mutual Advantages Assurance Plc: Down 5.49% to N3.10 from N3.28
- AIICO Insurance coverage Plc: Down 4.39% to N3.92 from N4.10
Using the numbers
The NGX Banking Index dropped 0.79%, weighed down by means of losses in tier-1 establishments and main monetary holdings together with First HoldCo (-2.25%), GTCO (-1.77%), Wema Financial institution (-2.58%), Jaiz Financial institution (-1.94%), Get admission to Holdings (-0.88%), Zenith Financial institution (-0.78%), and Constancy Financial institution (-0.49%).
Within the insurance coverage sector, Mutual Advantages Assurance (-5.49%) and AIICO Insurance coverage (-4.39%) recorded vital drops, pulling the NGX Insurance coverage Index down by means of 0.38%.
Those sector-specific declines contributed to broader losses in thematic indices such because the NGX Company Governance Index (-0.74%) and the NGX Top class Index (-0.30%).
Sectoral efficiency
Sectoral efficiency on October 13, 2026, was once essentially ruled by means of pullbacks throughout monetary and blue-chip benchmark indices.
- The NGX Banking Index suffered the sharpest decline amongst number one business sectors, falling 0.79% from 2,567.52 to two,547.15. The NGX Insurance coverage Index additionally retreated, losing 0.38% to near at 1,078.46.
- Thematic and market-wide signs mirrored this monetary sector drag: the NGX Company Governance (CG) Index slid 0.74% to 7,275.45, the NGX Pension Index fell 0.32% to twelve,851.59, and the NGX Top class Index shed 0.30% to land at 31,116.26.
- Moreover, the benchmark NGX 30 Index eased 0.12% to 9,103.30, whilst the NGX Business Index remained nearly flat, ultimate at 10,442.71.
Conversely, a couple of key sectors demonstrated resilience and posted certain returns, offering partial mitigation in opposition to the wider marketplace correction.
- The NGX Expansion Index led the gainers, appreciating 0.20% from 26,641.50 to 26,695.94.
- The NGX Client Items Index rose 0.14% to 4,040.96, supported by means of value will increase in shares like Nigerian Breweries (+1.88%) and Cadbury Nigeria (+0.50%).
- In a similar way, the NGX Oil/Gasoline Index won 0.11% to near at 6,000.20, reinforced by means of upward motion in power companies reminiscent of Oando (+4.01%) and Japaul Gold (+4.31%).
- On a broader degree, the NGX Primary-Board Index additionally recorded a slight uptick of 0.06%, settling at 10,758.04.