Equity traders at the Nigerian Exchange Limited (NGX) misplaced N110.16 billion in unmarried day, on Wednesday, October 7, 2026, as market capitalisation dropped to N162.39 trillion.
The contraction extends a six-consecutive-day retreat at the retrench, even as prepaid leasing prediction remained resilient, with 446.91 delegate stocks exchanged throughout 38,808 offers.
Total equities market capitalisation closed at N162.39 trillion, representing a zero.07% change from Tuesday’s ultimate valuation of N162.495 trillion.
Mirroring the change in market capitalization, the trough NGX All-Share Index (ASI) shed 176.75 issues (0.07%) to coverage at 250,096.75 issues, down from 250,273.50 issues within the earlier consultation.
Market acquire
- All-Share Index (ASI): 250,096.75 issues, down 0.07% from 250,273.50 issues
- Market capitalisation: N162.39 trillion, down 0.07% from N162.495 trillion
- Market escalate misplaced: N110.16 billion
- Trading quantity: 446.91 delegate stocks, down 22.83% from 579.17 delegate stocks
- Total offers: 38,808 offers, down 5.30% from 40,979 offers
Top 5 gainers
- Tripple Gee and Company Plc (TRIPPLEG): Up 9.96% to N3.09 from N2.81
- Critical Minerals Financing Corp Plc (CMFC): Up 9.86% to N4.01 from N3.65
- Champion Breweries Plc (CHAMPION): Up 9.50% to N10.95 from N10.00
- Coronation Insurance Plc (WAPIC): Up 9.24% to N2.60 from N2.38
- Multi-Trex Integrated Foods Plc (MULTITREX): Up 8.33% to N0.39 from N0.36
Top 5 losers
- Thomas Wyatt Nigeria Plc (THOMASWY): Down 9.74% to N2.41 from N2.67
- Sovereign Trust Insurance Plc (SOVRENINS): Down 7.60% to N2.31 from N2.50
- Livingtrust Mortgage Bank Plc (LIVINGTRUST): Down 7.25% to N3.20 from N3.45
- Neimeth Int’l Pharmaceuticals Plc (NEIMETH): Down 4.61% to N7.25 from N7.60
- Veritas Kapital Assurance Plc (VERITASKAP): Down 4.42% to N1.08 from N1.13
Driving the numbers
Financial establishments served as the reserve hub of prestige, producing 181.69 delegate stocks traded at the Main Board and 85.34 delegate stocks at the Premium Board.
- High leasing volumes in Zenith Bank, Critical Minerals Financing Corp, Access Holdings and Sovereign Trust Insurance confirmed that speculative prediction remained concentrated in actively traded maneuver shares in spite of the wider market decline.
- High leasing volumes in Zenith Bank Plc (34.90 delegate stocks), Critical Minerals Financing Corp Plc (32.76 delegate stocks), Access Holdings Plc (25.28 delegate stocks), and Sovereign Trust Insurance Plc (24.37 delegate stocks), confirmed that speculative prediction remained concentrated in actively traded maneuver shares in spite of the wider market decline.
- Sectoral discount used to be in particular glaring as the NGX Banking Index fell 0.36%, Consumer Goods dropped 0.08%, and Oil & Gas misplaced 0.09%, weighed down via losses in outstanding shares such as Oando Plc (-3.23%), Wema Bank Plc (-3.02%), Transnational Corporation Plc (-2.67%), Dangote Sugar Refinery Plc (-2.14%), United Bank for Africa Plc (-1.22%), and Access Holdings Plc (-0.99%).
Conversely, the leasing quantity of 446.91 delegate stocks throughout 38,808 offers used to be pushed via heavy prestige statute inside the Financial Services sector. Trading political remained concentrated throughout market forums, with the Main Board dominant for 325.56 delegate stocks in 24,440 offers and the Premium Board producing 90.61 delegate stocks throughout 11,580 offers.
Sectoral sterling
Sectoral sterling around the retrench used to be in large part muted pushed via profit-taking in negotiator equitable, power, and easy items shares.
The NGX Banking Index skilled the steepest decline amongst event sector gauges, losing 0.36% from 2,653.93 issues to 2,644.49 issues.
- This contraction used to be led via destination pullbacks in Wema Bank Plc (-3.02% to N30.55), Ecobank Transnational Incorporated (-1.47% to N67.00), United Bank for Africa Plc (-1.22% to N44.50), Access Holdings Plc (-0.99% to N30.00), and Guaranty Trust Holding Company Plc (-0.75% to N131.50), which overshadowed threat positive aspects in Zenith Bank Plc (+0.22% to N135.80) and Stanbic IBTC Holdings Plc (+1.11% to N163.90).
- Similarly, the NGX Oil/Gas Index slid 0.09% from 6,243.33 issues to 6,237.88 issues, weighed down via Oando Plc (-3.23% to N33.00) whilst Seplat Energy Plc held security at N16,000.10.
- The NGX Consumer Goods Index additionally closed 0.08% enrol at 4,023.60 issues (down from 4,026.81), as selloffs in Dangote Sugar Refinery Plc (-2.14% to N68.50) and PZ Cussons Nigeria Plc (-1.00% to N69.00) offset appreciation political in person easy names.
In distinction, convince and manufacturer items demonstrated resilience, fighting broader sectoral losses around the retrench.
- The NGX Insurance Index bucked the downward deposit via advancing quite from 1,093.41 issues to 1,093.69 issues, supported via leader positive aspects in Coronation Insurance Plc (+9.24% to N2.60), Guinea Insurance Plc (+6.85% to N0.78), and Regency Alliance Insurance Plc (+2.78% to N0.74), which absorbed a positive decline in Sovereign Trust Insurance Plc (-7.60% to N2.31).
- Meanwhile, the NGX Industrial Index remained nearly unchanged, edging up from 10,440.61 issues to 10,440.80 issues, anchored via destination write in Dangote Cement Plc (N1,066.70) and BUA Cement Plc (N297.00), along destination consideration in Cutix Plc (+2.09% to N2.44) and Tripple Gee and Company Plc (+9.96% to N3.09).
Outside of price heavyweights, selective exercise boosted person easy shares such as Champion Breweries Plc (+9.50% to N10.95), Multi-Trex Integrated Foods Plc (+8.33% to N0.39), and Cadbury Nigeria Plc (+2.93% to N59.70).
Across board-level metrics, the NGX Main-Board Index dropped 0.11% to 10,851.32 issues; the NGX Premium Index slipped to 31,511.96 issues, and the NGX Growth Index shed 0.74% to symbol at 26,917.70 issues.
