Equity buying and selling on the Nigerian Exchange Limited (NGX) closed the ultimate buying and selling session of the week on Friday, October 30, 2026, on a peak be aware, with complete equities market capitalisation rising to N165.114 trillion.
This is the primary time the market cap will cross the N165 trillion threshold, beating the N164.97 trillion document set on Thursday, October 29, 2026.
Concurrently, the benchmark All-Share Index (ASI) reached its highest degree, closing at 254,299.49 factors, up from 254,083.02 factors.
Total market liquidity for the Friday session noticed 997,559,078 shares exchanged throughout 37,821 offers within the equities phase.
Market abstract
- All-Share Index (ASI): 254,299.49 factors, up 0.09% from 254,083.02 factors
- Market cap: N165.114 trillion, up 0.09% from N164.97 trillion
- Market worth gained: N140.56 billion
- Trading quantity: 997,559,078 shares, up 52.50% from 654.14 million shares
- Total offers: 37,821 offers, up 5.68% from 35,789 offers
Top 5 gainers
- Honeywell Flour Mill Plc: Up 10.00% to N22.55 from N20.50
- May & Baker Nigeria Plc: Up 10.00% to N41.80 from N38.00
- Livestock Feeds Plc: Up 9.92% to N13.30 from N12.10
- Eterna Plc: Up 9.90% to N42.75 from N38.90
- PZ Cussons Nigeria Plc: Up 9.85% to N71.95 from N65.50
Top 5 losers
- Caverton Offshore Support Group Plc: Down 10.00% to N3.60 from N4.00
- LivingTrust Mortgage Bank Plc: Down 9.94% to N2.90 from N3.22
- Veritas Kapital Assurance Plc: Down 9.91% to N1.00 from N1.11
- UPDC Plc: Down 9.46% to N3.35 from N3.70
- Zichis: Down 9.46% to N 16.66 from N18.40
Driving the numbers
A main contributor was telecommunications heavyweight MTN Nigeria Communications Plc, which superior 3.03% (+N25.00) to shut at N850.00 with a market valuation of N17.85 trillion.
This upward momentum was bolstered by sturdy features throughout key shopper items, healthcare, and power shares, together with Honeywell Flour Mill Plc (+10.00%), May & Baker Nigeria Plc (+10.00%), Eterna Plc (+9.90%), and PZ Cussons Nigeria Plc (+9.85%), which collectively pushed the NGX Premium Index up from 32,354.36 to 33,423.40 factors and the NGX Industrial Index from 11,218.05 to 12,199.20 factors throughout the week.
Conversely, market enlargement was partially tempered by pullbacks within the banking sector, the place the NGX Banking Index declined from 2,574.45 to 2,429.46 factors over the five-day interval due to worth drops in main lenders equivalent to First HoldCo Plc (-5.10%), Access Holdings Plc (-3.05%), United Bank for Africa Plc (-2.10%), and Zenith Bank Plc (-0.83%).
Sectoral efficiency
The NGX Industrial Index spearheaded sectoral enlargement through the week, climbing considerably from 11,218.05 factors on Monday, October 26, to shut at 12,199.20 factors on Friday, October 30.
- This momentum was matched by sturdy shopping for curiosity in large-cap equities, driving the NGX Premium Index upward from 32,354.36 factors to 33,423.40 factors over the identical five-day interval.
- Broader market indicators additionally trended upward, with the flagship NGX 30 Index rising from 9,260.09 factors to 9,376.41 factors, whereas the NGX Pension Broad Index appreciated from 5,059.96 factors to 5,123.99 factors by week-end.
- Meanwhile, the NGX Consumer Goods Index exhibited a modest web achieve over the week, transferring from 4,012.30 factors on Monday to peak at 4,019.16 factors on Wednesday earlier than settling at 4,014.03 factors on Friday.
In distinction, the monetary companies and power sectors encountered persistent downward stress all through the buying and selling week.
- The NGX Banking Index posted a steady day-on-day retreat, shedding worth from its week-opening degree of two,574.45 factors to shut at 2,429.46 factors on Friday. Similarly, the NGX Insurance Index fell from 1,056.47 factors on Monday to end at 1,027.06 factors on Friday, whereas the NGX Oil/Gas Index recorded a gentle weekly drop from 6,089.08 factors to 6,085.42 factors.
- The NGX Growth Index noticed preliminary power midweek, reaching 27,158.78 factors on Thursday earlier than falling again to 26,623.59 factors at Friday’s shut.
Across the debt market phase, fixed-income valuations remained fully static, with the NGX Sovereign Bond Index holding flat at 666.44 factors throughout all 5 buying and selling classes.
