The Nigerian Exchange (NGX) prolonged its historic bull run on Tuesday, October 27, 2026, as complete equities market capitalisation rose to a document excessive of N164.91 trillion.
The market added N1.75 trillion in a single buying and selling session, increasing from N163.16 trillion recorded on Monday, October 26.
The benchmark All-Share Index (ASI) scaled a contemporary all-time peak of 253,990.06 points, representing a single-day achieve of two,699.52 points (1.07%) over Monday’s shut of 251,290.54 points.
Trading exercise was remarkably intense, with complete market turnover reaching 5.23 billion shares (5,233,372,808 items) exchanged throughout 35,882 offers.
Market abstract
- All-Share Index (ASI): 253,990.06 points, up 1.07% from 251,290.54
- Market cap: N164.91 trillion, up 1.07% from N163.16 trillion
- Market worth gained: N1.75 trillion
- Trading quantity: 5.23 billion shares, up 1,487.21% from 329.51 million shares
- Total offers: 35,882 offers, down 17.79% from 43,647 offers
Top 5 gainers
- UPDCREIT: Up 10.00% to 19.25 from N17.50
- DANGCEM: Up 9.80% to N1,341.90 from N1,222.10
- HONYFLOUR: Up 9.67% to N21.55 from N19.65
- AVACAP: Up 9.42% to N7.55 from N6.90
- NAHCO: Up 8.00% to N151.20 from N140.00
Top 5 losers
- PRESCO: Down 10.00% to N1,840.80 from N2,045.30
- TRIPPLEG: Down 9.93% to N2.54 from N2.82
- THOMASWY: Down 9.85% to N2.47 from N2.74
- AUSTINLAZ: Down 9.81% to N2.39 from N2.65
- TRANSCORP: Down 9.70% to N32.60 from N36.10
Driving the numbers
The NGX Industrial Index climbed sharply from 10,258.94 points on October 21 to 11,834.55 points on October 27. A central catalyst was Dangote Cement Plc, which holds a market valuation of N22.64 trillion and surged 9.80% in a single buying and selling session to shut at N1,341.90 per share.
- Capital progress was additional bolstered by notable positive factors in different sector leaders, together with UPDC Real Estate Investment Trust (+10.00% to N19.25), Honeywell Flour Mill Plc (+9.67% to N21.55), and NAHCO Plc (+8.00% to N151.20).
- In phrases of market liquidity and transaction exercise, general quantity was concentrated in First HoldCo Plc on the Premium Board. Out of the market’s complete turnover of 5.23 billion shares, First HoldCo accounted for 4.87 billion shares traded throughout 1,785 offers.
This large quantity helped push the NGX Premium Index from 30,330.55 points as much as 33,313.06 points over the five-day interval.
Broader investor demand was additionally evident in key benchmark indices, with the NGX Meri Value Index advancing to 23,634.73 points and the NGX Pension Broad Index reaching 5,117.18 points, sustaining general fairness momentum.
Sectoral efficiency
The NGX Industrial Index led sectoral efficiency on October 27, 2026, climbing sharply to 11,834.55 points from 11,218.05 points on Monday and 10,258.94 points on October 21. This rally was closely pushed by Dangote Cement Plc, which surged by 9.80% to shut at N1,341.90 per share.
- Broader market sentiment throughout thematic and strategy-based indices was equally constructive, with the NGX Premium Index advancing to 33,313.06 points from 32,354.36 points, whereas the NGX Lotus Islamic Index expanded to 23,808.49 points from 23,574.64 points.
- Additionally, the NGX Consumer Goods Index registered a slight uptick to 4,014.14 points (up from 4,012.30 points), supported by a 9.67% achieve in Honeywell Flour Mill Plc to shut at N21.55.
- In distinction, the NGX Insurance Index recorded the steepest drop amongst main sectors, sliding to 1,030.64 points from 1,056.47 points on Monday. The downturn within the insurance coverage sub-sector was triggered by sharp losses in Fortis Global Insurance (-9.19% to N1.68), Sovereign Trust Insurance (-7.69% to N1.80), and Cornerstone Insurance (-5.21% to N4.55).
- The NGX Oil/Gas Index additionally dipped barely to six,088.52 points from 6,089.08 points, weighed down by a 0.76% decline in Oando Plc to N32.85 regardless of a 4.53% rise in Japaul Gold & Ventures.
Meanwhile, the NGX Banking Index closed basically flat at 2,574.61 points in comparison with Monday’s 2,574.45 points, as positive factors in Wema Bank Plc (+4.01% to N31.10) and Access Holdings Plc (+3.26% to N28.50) have been offset by profit-taking in Fidelity Bank Plc (-4.35% to N22.00), GTCO (-1.52% to N123.20), and UBA (-1.35% to N40.25).
