The Nigerian Exchange Limited (NGX) wrapped up the buying and selling week on a powerful excessive be aware on Friday, October 23, 2026 as complete market capitalisation rose above N160 trillion.
Data from the NGX reveals that the combination market capitalisation of listed equities closed at N160.52 trillion, reflecting a single-day appreciation of N1.47 trillion (+0.92%) in comparison with Thursday’s closing determine of N159.05 trillion.
Concurrently, the benchmark All-Share Index (ASI) jumped by 2,265.33 foundation factors (+0.92%) on Friday to hit 247,222.27 factors, the very best index stage recorded all through the five-day buying and selling interval.
Total market turnover throughout all fairness boards noticed 611,664,685 shares exchanged in 33,540 offers on Friday.
Market abstract
- All-Share Index (ASI): 247,222.27 factors, up 0.92% from 244,956.94 factors
- Market cap: N160.52 trillion, up 0.92% from N159.048 trillion
- Market worth gained: N1.47 trillion
- Trading quantity: 611,664,685 shares, up 69.57% from 360.71 million shares
- Total offers: 33,540 offers, up 6.97% from 31,355 offers
Top 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 Plc (GUINEAINS): Up 9.41% to N0.93, from N0.85
- Fidelity Bank 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
Top 5 Losers
- Livestock Feeds Plc (LIVESTOCK): Down 9.79% to N17.05, from N18.90
- Tripple Gee and Company Plc (TRIPPLEG): Down 8.74% to N2.82, from N3.09
- UPDC Real Estate Investment Trust (UPDCREIT): Down 8.14% to N17.50, from N19.05
- HBM Nigeria Plc (HBMNG): Down 7.65% to N350.00, from N379.00
- Neimeth International Pharmaceuticals Plc (NEIMETH): Down 6.58% to N7.10, from N7.60
Driving the numbers
Leading Friday’s rally was Dangote Cement Plc, which hit its most day by day appreciation restrict of 10.00% (+N101.00) to close at N1,111.00 per share, alongside First Holdco Plc, which additionally surged 10.00% (+N13.10) to N144.10 per share.
Because of their large market valuations, beneficial properties in these heavyweights straight lifted the NGX Industrial Index from 10,269.22 to 10,646.68 factors and boosted the NGX Premium Board Index to 31,175.31 factors, serving as the principle catalyst behind the single-day N1.47 trillion market enlargement.
Investor urge for food remained sturdy for business banks, as beneficial properties in counters like Fidelity Bank Plc (+9.09%) lifted the NGX Banking Index to 2,515.47 factors. Conversely, profit-taking in vitality agency Aradel Holdings Plc (-6.33%) pulled the NGX Oil & Gas Index down from 6,191.20 to six,035.77 factors, demonstrating that the general week-end rally was particularly propelled by capital focus in high industrial and banking shares somewhat than broad cross-sector momentum.
Sectoral efficiency
Sectoral efficiency on the NGX was overwhelmingly bullish throughout key industrial and institutional boards, spearheaded by a powerful late-week surge in heavy-industry and banking equities.
- The NGX Industrial Index emerged as the week’s high performer, leaping from 10,269.22 factors on Thursday to close Friday at 10,646.68 factors, properly above Monday’s opening stage of 10,140.51 factors.
- Broad-based demand for tier-one equities additionally propelled the NGX Premium Board Index to a weekly peak of 31,175.31 factors (up from 30,351.38 factors on Thursday), whereas the NGX Banking Index rallied sharply to 2,515.47 factors from Thursday’s low of two,452.40 factors.
- Additionally, the NGX Pension Index rebounded to 12,804.21 factors and the NGX Growth Index expanded steadily throughout the five-day interval to complete at 26,899.14 factors.
- In distinction, selective profit-taking created noticeable headwinds for vitality and major board counters. The NGX Oil & Gas Index recorded the session’s sharpest pullback, tumbling from 6,191.20 factors on Thursday to close at 6,035.77 factors.
- Similarly, the NGX Main-Board Index slipped to 10,721.06 factors on Friday from 10,752.60 factors on Thursday, reflecting blended sentiment amongst mid-cap equities.
While the NGX Consumer Goods Index managed a modest tick-up to 4,014.81 factors and the NGX Insurance Index nudged as much as 1,049.43 factors on Friday, each sectors ended the week under their respective Monday opening figures of 4,030.50 factors and 1,069.94 factors. Meanwhile, fixed-income indicators remained stagnant, with the NGX Sovereign Bond Index holding flat at 661.50 factors all through the whole buying and selling week.
