The Nigerian inventory market started the week on Monday, October 12, 2026, in purple as whole equities market capitalisation contracted from N161.26 trillion recorded on Friday, October 9, to N160.85 trillion, shedding N407.30 billion.
As a consequence, the benchmark All-Share Index (ASI) retreated by 627.31 index factors (or 0.25%), closing at 247,736.24 factors, in comparison with Friday’s shut of 248,363.55 factors.
Market turnover throughout all fairness boards reached 405,359,288 shares executed throughout 52,891 offers.
The market’s efficiency on Monday marked the bottom index degree recorded over the five-day buying and selling window from October 6 to October 12, 2026.
Market abstract
- All-Share Index (ASI): 247,736.24 factors, down 0.25% from 248,363.55 factors
- Market Capitalisation: N160.85 trillion, down 0.25% from N161.26 trillion
- Market worth misplaced: N407.30 billion
- Trading quantity: 405.36 million shares, up 25.88% from 322.01 million shares
- Total offers: 52,891 offers, up 40.08% from 37,758 offers
Top 5 gainers
- Neimeth International Pharmaceuticals Plc: Up 10.00% to N7.70 from N7.00
- UPDC Real Estate Investment Trust: Up 10.00% to N26.40 from N24.00.
- Guinness Nigeria Plc: Up 9.93% to N423.00 from N384.80.
- Livestock Feeds Plc: Up 9.89% to N14.45 from N13.15.
- NPF Microfinance Bank Plc: Up 9.52% to N4.60 from N4.20.
Top 5 Losers
- Sunu Assurances Nigeria Plc: Down 9.85% to N2.93 from N3.25.
- Critical Minerals Financing Corp Plc: Down 9.78% to N3.23 from N3.58.
- Oando Plc: Down 7.55% to N33.65 from N36.40.
- DwellingTrust Mortgage Bank Plc: Down 6.25% to N3.00 from N3.20.
- Zichis Agro Allied Industries Plc: Down 6.16% to N16.00 from N17.05.
Driving the numbers
The NGX Banking Index skilled a pointy decline, falling from 2,614.79 to 2,567.52 factors, as heavyweights comparable to Access Holdings Plc (-4.24%), Zenith Bank Plc (-4.23%), Fidelity Bank Plc (-2.62%), First Holdco Plc (-2.54%), Sterling Financial Holdings (-1.30%), Jaiz Bank Plc (-1.27%), Wema Bank Plc (-1.12%), and United Bank for Africa Plc (-0.81%) suffered worth depreciations.
Concurrently, the NGX Oil & Gas Index dipped from 6,005.98 to five,993.51 factors, dragged down by a 7.55% loss in Oando Plc alongside a drop in Japaul Gold & Ventures Plc (-0.39%).
While buy-side curiosity sustained selective rallies in defensive and high-yield counters, comparable to Neimeth International Pharmaceuticals Plc (+10.00%), UPDC Real Estate Investment Trust (+10.00%), Guinness Nigeria Plc (+9.93%), and MTN Nigeria Communications Plc (+0.48%), marginal features within the Consumer Goods (+0.05%) and Insurance (+0.14%) sector indices have been inadequate to offset the overall market capitalization lack of N407.30 billion.
Overall buying and selling turnover settled at 405.36 million shares throughout 52,891 offers, with exercise closely concentrated in Main and Premium board listings.
Sectoral efficiency
Sectoral efficiency on Monday, October 12, 2026, was closely skewed by downturns in key weight-bearing sectors, most notably banking and vitality.
- The NGX Banking Index suffered the sharpest drag, dropping from 2,614.79 to 2,567.52 factors, pushed by sell-offs throughout main lenders together with Access Holdings Plc (-4.24%), Zenith Bank Plc (-4.23%), Fidelity Bank Plc (-2.62%), First Holdco Plc (-2.54%), and United Bank for Africa Plc (-0.81%).
- Concurrently, the NGX Oil & Gas Index slipped from 6,005.98 to five,993.51 factors, primarily weighed down by a 7.55% loss in Oando Plc and a 0.39% decline in Japaul Gold & Ventures Plc, whereas Seplat Energy Plc held flat at N16,000.10.
- Conversely, defensive and consumer-oriented sectors demonstrated delicate resilience, offering a minor counterweight to the broader market stress.
- The NGX Consumer Goods Index appreciated barely from 4,033.36 to 4,035.46 factors, bolstered by sturdy shopping for curiosity in Guinness Nigeria Plc (+9.93%), Multi-Trex Integrated Foods Plc (+9.52%), and Honeywell Flour Mill Plc (+5.29%), which offset delicate pullbacks in PZ Cussons Nigeria Plc (-0.76%) and Dangote Sugar Refinery Plc (-0.71%).
The NGX Insurance Index additionally edged up from 1,081.10 to 1,082.56 factors, helped by features in Mutual Benefits Assurance Plc (+6.49%) and Regency Alliance Insurance Plc (+6.49%) regardless of a steep 9.85% drop in Sunu Assurances Nigeria Plc.
Meanwhile, the NGX Industrial Index closed just about unchanged, shifting marginally from 10,442.50 to 10,442.78 factors as heavyweights Dangote Cement Plc and BUA Cement Plc recorded no worth adjustments.
