Buying and selling actions at the ground of the Nigerian Alternate Restricted (NGX) closed on a bearish be aware on Friday, October 16, 2026, as Marketplace Capitalisation of indexed equities misplaced N108.70 billion (or 0.07%), declining from N160.83 trillion recorded on Thursday, October 15, to near at N160.73 trillion.
Similtaneously, the benchmark All-Proportion Index (ASI) fell by means of 167.40 issues (or 0.07%) from 247,707.13 issues to near at 247,539.73 issues.
Around the buying and selling week, the index touched a prime level of 247,736.24 issues on Monday, October 12, prior to attaining its weekly lowest of 247,513.63 issues on Tuesday.
Overall fairness buying and selling task closed with buyers exchanging 257,669,053 stocks valued throughout 31,972 offers.
Marketplace abstract
- All-Proportion Index (ASI): 247,539.73 issues, down 0.07% from 247,707.13 issues
- Marketplace cap: N160.73 trillion, down 0.07% from N160.83 trillion
- Marketplace worth misplaced: N108.70 billion
- Buying and selling quantity: 257.67 million stocks, down 10.12% from 286.68 million stocks
- Overall offers: 31,972 offers, up 5.92% from 30,186 offers
Best 5 gainers
- Thomas Wyatt Nigeria Plc (THOMASWY): Up 10.00% to N2.42 from N2.20
- eTranzact World Plc (ETRANZACT): Up 9.84% to N17.30 from N15.75
- Austin Laz & Corporate Plc (AUSTINLAZ): Up 9.77% to N2.92 from N2.66
- Omatek Ventures Plc (OMATEK): Up 9.59% to N1.60 from N1.46
- Legend Web Plc (LEGENDINT): Up 9.23% to N3.55 from N3.25
Best 5 losers
- UPDC Actual Property Funding Agree with (UPDCREIT): Down 10.00% to N21.15 from N23.50
- Trans-National Specific Plc (TRANSEXPR): Down 9.09% to N2.70 from N2.97
- Essential Minerals Financing Corp Plc (CMFC): Down 8.06% to N3.31 from N3.60
- Royal Alternate Plc (ROYALEX): Down 6.48% to N1.01 from N1.08
- NPF Microfinance Financial institution Plc (NPFMCRFBK): Down 5.43% to N4.35 from N4.60
Using the numbers
Heavyweights together with Warranty Agree with Preserving Corporate (-2.27%), Stanbic IBTC Holdings (-2.14%), Zenith Financial institution (-1.33%), Sterling Monetary Holdings (-0.58%), and United Financial institution for Africa (-0.35%) skilled notable worth discounts, pulling the NGX Banking Index down from 2,556.46 to two,532.47 issues.
- NGX 30 Index slipped to 9,101.27 issues and the NGX Company Governance Index fell to 7,239.74 issues.
- Compounding this downward momentum used to be focused promoting in choose non-banking counters, led by means of most loss contractions in actual property tools like UPDC Actual Property Funding Agree with (-10.00%), along sharp declines in Trans-National Specific (-9.09%), Essential Minerals Financing Corp (-8.06%), and Royal Alternate (-6.48%).
- Alternatively, underlying marketplace sentiment remained fragmented quite than universally pessimistic, leading to 26 gainers in opposition to 23 decliners.
Sturdy purchasing hobby in generation, printing, and choose Tier-2 economic counters, comparable to Thomas Wyatt Nigeria (+10.00%), eTranzact World (+9.84%), and Constancy Financial institution (+4.73%), helped cushion the drop and averted a broader marketplace rout.
Sectoral efficiency
Sectoral efficiency around the Nigerian Alternate on October 16, 2026, mirrored a pronounced break up between declining economic monitoring benchmarks and resilient non-financial sectors.
- The NGX Banking Index suffered the sharpest contraction amongst primary sector trackers, losing from 2,556.46 issues on Thursday to two,532.47 issues on Friday as profit-taking in tier-1 lenders dragged the sphere decrease.
- The NGX Insurance coverage Index additionally edged downward fairly from 1,080.09 issues to at least one,079.57 issues, whilst broader marketplace signs such because the NGX Pension Index dropped from 12,914.69 issues to twelve,895.45 issues and the NGX Expansion Index slipped from 26,970.58 issues to 26,888.42 issues.
- Against this, a number of key non-financial and moral benchmarks controlled to submit modest positive factors or stay solid regardless of the wider marketplace pullbacks.
- The NGX Shopper Items Index complex from 4,033.67 issues to 4,036.97 issues, supported by means of marginal positive factors in counters comparable to Dangote Sugar Refinery and World Breweries.
In a similar fashion, the NGX Lotus Islamic Index rose from 23,164.84 issues to 23,183.59 issues, whilst the NGX Business Index edged up fairly from 10,442.87 issues to ten,442.95 issues.
In the meantime, the NGX Oil/Gasoline Index closed nearly flat at 6,194.00 issues in comparison to 6,194.16 issues within the prior consultation.