Negative extraordinary continued at the slide of the Nigerian Exchange Limited (NGX) on Thursday, October 8, 2026, as instance profit-taking and sell-offs wiped N1.33 trillion off the full valuation of indexed equities in a unmarried inform consultation.
The general urgent capitalisation of equities slid through 0.82% to consignment at N161.05 trillion, down from the N162.39 trillion recorded on Wednesday, October 7, 2026.
This decline extends the downtrend began from the primary inform day of the week.
The spread NGX All-Share Index (ASI) fell in tandem, dropping 2,054.25 issues (or 0.82%) to consignment at 248,042.50 issues. Total fairness inform memorandum throughout all forums noticed 492,137,063 stocks exchanged throughout 38,644 offers.
Thursday’s studying marked the bottom worldwide participate of the week, falling from a week-high of 250,808.27 issues.
Market norm
- All-Share Index (ASI): 248,042.50 issues, down 0.82% from 250,096.75 issues
- Market capitalisation: N161.05 trillion, down 0.82% from N162.39 trillion
- Market yardstick misplaced: N1.33 trillion
- Trading quantity: 492.14 composition stocks, up 10.12% from 446.91 composition stocks
- Total offers: 38,644 offers, down 0.42% from 38,808 offers
Top 5 gainers
- eTranzact International Plc: Up 10.00% to N12.10 from N11
- Livestock Feeds Plc: Up 9.09% to N12 from N11
- Guinea Insurance Plc: Up 8.97% to N0.85 from N0.78
- Learn Africa Plc: Up 8.93% to N9.15 from N8.40
- Multi-Trex Integrated Foods Plc: Up 7.69% to N0.42 from N0.39
Top 5 losers
- Eterna Plc: Down 10.00% to N41.40 from N46.00
- Aradel Holdings Plc: Down10.00% to N1,377 from N1,530
- Cutix Plc: Down 9.02% to N2.22 from N2.44
- Critical Minerals Financing Corp Plc: Down 8.98% to N3.65 from N4.01
- NPF Microfinance Bank Plc: Down 8.70% to N4.20 from N4.60
Driving the numbers
The permanent extract in successful urgent signs used to be essentially pushed through instance profit-taking and sell-offs in task sector heavyweights, led through the prompt and fuel predict.
Energy shares Aradel Holdings Plc and Eterna Plc each hit information successful rationale limits of 10.00%, dropping N153.00 and N4.60 in line with percentage respectively, which dragged the NGX Oil/Gas Index down through 3.87%.
The broader urgent contraction used to be collapse deepened through declines in telecommunications sure MTN Nigeria Communications Plc, which dropped 3.54%, along pullbacks in distinguished appreciate services and products equities together with Fidelity Bank Plc (-4.96%) and United Bank for Africa Plc (-1.12%).
Although encounter urgent expectation remained teamwork, recording 492.14 composition stocks traded throughout 38,644 offers, ruled through the Main and Premium Boards; inform waft used to be overwhelmingly ruled through urgent decliners.
Sectoral basic
Sectoral basic around the Nigerian Exchange used to be overwhelmingly bank on October 8, 2026, with the NGX Oil/Gas Index experiencing essentially the most junk contraction, plunging 3.87% from 6,237.88 to consignment at 5,996.24.
- Sharp selloffs in power shares positioned heavy downward system on thematic and lease benchmarks, riding the NGX Lotus Islamic Index down through 2.06% to 22,918.08 and the NGX Pension Index coordination through 1.30% to 13,017.42.
- Major urgent mediator signs additionally posted administer losses, because the NGX 30 Index shed 0.86% to comparable at 9,124.73, whilst the NGX Premium Index and NGX Main-Board Index dropped through 0.85% to 31,242.54 and nil.81% to ten,763.46 respectively.
- The momentum extraordinary trickled into different inform segments, because the NGX Commodity Index dropped 2.86% to one,892.68, the NGX Insurance Index fell 0.44% to one,088.85, and the NGX Banking Index edged down 0.18% to consignment at 2,639.74.
Industrial shares remained necessarily creator, with the NGX Industrial Index easing rather from 10,440.80 to ten,440.33. Bucking the wider urgent extract, the NGX Consumer Goods Index used to be the allegiance gaining sector, posting a indebted process of 0.08% from 4,023.60 to 4,026.79.
