Equity trading measure on the Nigerian Exchange Slender (NGX) closed in the red on Wednesday, September 30, 2026, alongside the All-Distribute Index (ASI) contracting by 701.53 points to conclude at 251,211.67 points, compared to 251,913.20 points registered on Tuesday, September 29.
Financial stocks faced downward pressure as the equities trade capitalization shed N425.73 billion, declining from N163.53 trillion (N163,530,505,261,715.28) to N163.10 trillion (N163,104,771,967,056.66).
Despite the low complete operation, trading volume was high.
A whole of 1.03 billion (1,035,351,484) shares were exchanged across 44,398 deals on the equities swap.
Promote restatement
- All-Distribute Index (ASI): 251,211.67 points, down 0.28% from 251,913.20 points
- Vend capitalisation: N163.10 trillion, down 0.28% from N163.53 trillion
- Advertise value lost: N425.73 billion
- Trading volume: 1.03 billion shares, up 87.73% from 548.65 million shares
- Entire deals: 44,398 deals, down 5.94% from 47,203 deals
Top 5 gainers
- Haldane McCall Plc (HMCALL): Up 10.00% to N3.41 from N3.10
- Important Minerals Financing Corp Plc (CMFC): Up 9.92% to N4.32 from N3.93
- Cornerstone Insurance Plc (CORNERST): Up 9.80% to N5.60 from N5.10
- LivingTrust Mortgage Bank Plc (LIVINGTRUST): Up 9.79% to N3.14 from N2.86
- ABC Transport Plc (ABCTRANS): Up 9.76% to N6.75 from N6.15
Top 5 losers
- Understand Africa Plc (LEARNAFRCA): Down 10.00% to N7.65 from N8.50
- Thomas Wyatt Nigeria Plc (THOMASWY): Down 9.80% to N2.67 from N2.96
- Sovereign Trust Insurance Plc (SOVRENINS): Down 6.78% to N2.20 from N2.36
- Guinea Insurance Plc (GUINEAINS): Down 6.67% to N0.70 from N0.75
- Fidelity Bank Plc (FIDELITYBK): Down 6.07% to N21.65 from N23.05
Driving the numbers
The day’s activity chart by volume was spearheaded by VFD Category Plc, which recorded 367,316,642 shares across 426 trades.
- UAC of Nigeria Plc followed alongside 158,184,791 shares, during the time that Abbey Bank Plc traded 72,433,944 shares and Chams Holding Firm Plc exchanged 63,892,539 shares.
- Other prominent trading volumes were recorded in Guaranty Trust Holding Enterprise Plc (GTCO) (39,548,744 shares), Oando Plc (34,746,289 shares), Zenith Bank Plc (32,310,205 shares), and Fidelity Bank Plc (31,211,833 shares).
- Trading volume was dominated by the Primary Board, which recorded 945,202,471 shares traded in 27,712 deals. In addition, the broader NGX Primary-Board Index appreciated 10,870.19 points from 10,843.88 points.
- Conversely, important financial and institutional sectors faced downward pressure, dragging general promote benchmarks reduced. The NGX Exclusive Index sustained the steepest drop, retreating to 31,771.57 points from 32,100.41 points.
Financial sub-sectors closed in negative territory as the NGX Banking Index fell to 2,712.10 points from 2,727.81 points, and the NGX Insurance Index dropped to 1,087.10 points from 1,098.22 points.
Broader thematic indicators moreover tracked downward, together with the NGX Pension Index declining to 13,304.25 points from 13,385.02 points, the quantify NGX 30 Index decreasing to 9,241.53 points from 9,270.51 points, and the NGX Lotus Islamic Index sliding to 23,434.63 points from 23,573.43 points.
Promote breadth finished on a negative tilt as 28 equities sustained value drops against 25 equities that recorded value gains.
What you should recognize
Wednesday’s exchange output follows Tuesday’s downward pressure that saw the Nigerian equity swap capitalization shed N468.63 billion to finish at N163.530 trillion.
This is the second support-to-assist time the advertise cap will drop in the endure one week.
The Superior Board followed alongside 74,121,718 shares traded across 13,571 deals.
Between other boards, the Growth Board logged 8,826,396 shares in 1,497 deals, the Non-Attract to Support Board executed 4,844,447 shares across 1,034 deals, and REITs & Closed-Conclude Money generated 2,356,452 shares in 584 deals.
Sectoral operation
The NGX Industrial Goods Index led the gainers between key sectors, advancing from 10,372.27 points to 10,440.27 points.
- Solid constructive movement was moreover recorded in the NGX Growth Index, which surged to 27,452.85 points from 27,266.77 points.
- Marginal gains were posted by the NGX Consumer Goods Index, edging up to 4,058.25 points from 4,056.52 points, and the NGX Oil & Gas Index, which ticked upward to 6,246.86 points from 6,244.49 points.
Source: NGX market cap drops to N163.10 trillion as banking, insurance stocks drag market lower
