The Nigerian Exchange Limited (NGX) market capitalisation reached a record N163.16 trillion on Monday, October 26, 2026.
Total equity market capitalisation expanded by N2.64 trillion in a single buying and selling session, rising from N160.52 trillion recorded on Friday, October 23, to shut at N163.16 trillion on Monday.
Concurrently, the benchmark NGX All-Share Index (ASI) surged by 4,068.27 factors (or 1.65%) to achieve a record excessive of 251,290.54 factors, up from 247,222.27 factors within the earlier session.
The newest milestone beat the previous market cap record of N163.06 trillion reached on September 23.
Market abstract
- All-Share Index (ASI): 251,290.54 factors, up 1.65% from 247,222.27 factors
- Market cap: N163.16 trillion, up 1.65% from N160.52 trillion
- Market worth gained: N2.64 trillion
- Trading quantity: 329,506,847 shares, down 46.13% from 611,664,685 shares
- Total offers: 43,647 offers, up 30.14% from 33,540 offers
Top 5 gainers
- Dangote Cement PLC: Up 10.00% to N1,222.10 from N1,111.00
- Honeywell Flour Mill PLC: Up 9.78% to N19.65 from N17.90
- Royal Exchange PLC: Up 9.18% to N1.07 from N0.98
- Nigerian Exchange Group PLC: Up 8.20% to N165.00 from N152.50
- First Holdco PLC: Up 7.56% to N155.00 from N144.10
Top 5 losers
- ABC Transport PLC: Down 9.59% to N6.60 from N7.30
- Caverton Offshore Support Group PLC: Down 9.38% to N4.35 from N4.80
- Livestock Feeds PLC: Down 9.09% to N15.50 from N17.05
- Champion Breweries PLC: Down 8.16% to N9.00 from N9.80
- PZ Cussons Nigeria PLC: Down 7.61% to N63.70 from N68.95
Driving the numbers
The main catalyst behind the market’s valuation enlargement was a pointy surge within the NGX Industrial Index, which jumped 5.37% from 10,646.68 to 11,218.05 factors.
Heavyweight Dangote Cement PLC anchored this motion by hitting its most allowable each day achieve of 10.00%, including N111.10 to shut at N1,222.10 per share and elevating its market capitalisation to N20.62 trillion.
- Broad-based shopping for throughout key equities additional fueled the momentum, led by Honeywell Flour Mill PLC rising 9.78% to N19.65 and Nigerian Exchange Group PLC (NGXGROUP) advancing 8.20% to shut at N165.00.
- Compounding the rally was sturdy momentum in monetary companies, which pushed the NGX Banking Index up 2.34% to 2,574.45 factors and lifted the NGX Premium Index by 3.78% to 32,354.36 factors.
- Robust demand for Tier-1 and main monetary establishment equities lifted First HoldCo PLC by 7.56% to N155.00, Royal Exchange PLC by 9.18% to N1.07, Africa Prudential PLC by 5.88% to N10.80, Access Holdings PLC by 4.15% to ₦27.60, GTCO by 2.54% to N125.10, and Zenith Bank PLC by 1.26% to N120.90.
These industrial and banking features simply absorbed localized profit-taking in shares like ABC Transport PLC (-9.59%) and Caverton Offshore Support Group PLC (-9.38%).
Sectoral efficiency
Sectoral efficiency on the Nigerian Exchange was overwhelmingly bullish on October 26, 2026, headlined by a exceptional surge within the NGX Industrial Index, which jumped 5.37% from 10,646.68 to 11,218.05 factors.
This enlargement was pushed primarily by Dangote Cement PLC, which surged 10.00% to shut at N1,222.10 per share.
- The NGX Premium Index additionally posted important features, rising 3.78% from 31,175.31 to 32,354.36 factors, whereas the NGX Banking Index superior 2.34% to 2,574.45 factors, supported by rallies in Tier-1 and main lenders such as First HoldCo PLC (+7.56%), Access Holdings PLC (+4.15%), and GTCO (+2.54%).
- Additional features throughout thematic indices additional highlighted broad market energy, as the NGX Lotus Islamic Index superior 2.08% to 23,574.64 factors, the NGX 30 Index rose 1.76% to 9,260.09 factors, and the NGX Pension Index climbed 1.57% to 13,005.05 factors.
In distinction, choose consumer-facing and specialised segments skilled delicate pullbacks as profit-taking muted total sector features.
- The NGX Consumer Goods Index dipped barely by 0.06% from 4,014.81 to 4,012.30 factors, weighed down by losses in main constituents such as Champion Breweries PLC (-8.16%), PZ Cussons Nigeria PLC (-7.61%), and Cadbury Nigeria PLC (-5.00%), regardless of counter-rally energy from Honeywell Flour Mill PLC (+9.78%).
- Similarly, the NGX Growth Index shed 1.01% to shut at 26,626.93 factors, pressured by declines in equities like The Initiates PLC (-6.60%).
Meanwhile, the NGX Oil/Gas Index gained 0.88% to achieve 6,089.08 factors, bolstered by Aradel Holdings PLC rising 2.48% to N1,439.90, whereas the NGX Insurance Index logged a modest 0.67% enhance to 1,056.47 factors, aided by advances in AIICO Insurance PLC (+4.18%) and Coronation Insurance PLC (+2.88%).
