NGX sheds N262 billion as All-Distribute Index slips 0.16%

Nigerian Exchange (NGX) typical All-Communicate Index (ASI) slipped by 403.40 points (0.16%) on Friday, October 2, 2026, to conclude at 250,808.27 points, down from 251,211.67 points recorded in the prior session; Wednesday, September 30, 2026.

Concurrently, whole Equity Market Capitalization contracted by N261.92 billion (0.16%) to finish at N162.84 trillion; down from N163.10 trillion.

Despite the dip, there was engaged trading as investors exchanged a entire of 557,125,283 equity shares in 53,370 deals.

Vend overview

All-Provide Index (ASI): 250,808.27 points, down 0.16% from 251,211.67 points

Promote capitalisation: N162.84 trillion, down 0.16% from N163.10 trillion

Advertise value lost: N261.92 billion

Trading volume: 557.16 million shares, down 45.91% from 1.03 billion shares

Complete deals: 53,370 deals, up 20.21% from 44,398 deals

Top 5 gainers

AIICO Insurance Plc: Up 10.00% to N4.18 from N3.80

Trans-Nationwide Articulate Plc (TRANSEXPR): Up 10.00% to N2.97 from N2.70

Livestock Feeds Plc: Up 9.88% to N8.90 from N8.10

LivingTrust Mortgage Bank Plc: Up 9.87% to N3.45 from N3.14

ABC Transport Plc: Up 9.63% to N7.40 from N6.75

Top 5 losers

PZ Cussons Nigeria Plc: Down 9.91% to N66.40 from N73.70

eTranzact Cross-border Plc: Down 9.84% to N11.00 from N12.20

Zichis Agro Allied Industries Plc: Down 8.29% to N18.25 from N19.90

FTN Cocoa Processors Plc: Down 8.19% to N7.62 from N8.30

Royal Swap Plc: Down 7.83% to N1.06 from N1.15

Trading details:

Complete trading assignment reached 557.12 million shares across 53,370 deals, driven mainly by heavy volume in Exclusive and Principal Board listings such as Entry Holdings (183.56 million shares traded), Essential Minerals Financing Corp (38.52 million shares), and Fidelity Bank (27.75 million shares).
Yet, the decline in Opening Holdco (-6.16%), NGX Group (-6.85%), and VFD Collection (-6.90%), pulled the NGX Banking Index down by 0.97%, which helped press the usual Index down by 0.16%.

But the advertise breadth was neutral, including 26 gainers to 26 losers.

Request was solid in insurance stocks, pushing the Insurance Index up 1.21%, and as the day’s primary sectoral index, together with maximum gains in AIICO Insurance (+10.00%), AXA Mansard (+3.64%) and Consolidated Hallmark (+4.49%).
The Consumer Goods Index remained virtually flat (-0.03%) as steep losses in PZ Cussons (-9.91%) and Honeywell Flour Mill (-3.61%) offset upward momentum in Worldwide Breweries (+4.71%) and Champion Breweries (+1.01%).

Sectoral output

Sectoral operation across the commerce was diverse, together with insurance equities outperforming whilst banking stock selloffs weighed the broader index.

NGX Insurance Index (+1.21%) was the day’s top-performing sectoral index, climbing 13.20 points from 1,087.10 to 1,100.30, bolstered by maximum gains in AIICO (+10.00%) alongside optimistic movement in AXA Mansard (+3.64%) and Consolidated Hallmark (+4.49%).

NGX Banking Index (-0.97%) was the central drag on the promote, contracting by 26.39 points from 2,712.10 to 2,685.71 due to losses in Earliest Holdco (-6.16%), UBA (-0.33%), and Wema Bank (-0.48%), which overshadowed gains in Fidelity Bank (+8.55%) and GTCO (+0.61%).

NGX Corporate Governance (CG) Index (-0.77%) dropped 58.45 points to seal at 7,559.54.

NGX Exclusive Index (-0.54%) contracted from 31,771.57 to 31,599.04.

NGX Consumer Goods Index (-0.03%) closed conclude to flat at 4,057.09.

NGX Industrial Goods Index (0.00%) closed virtually unchanged at 10,440.24.

NGX Oil & Gas Index (0.00%) held stable at 6,246.75.

NGX Lotus Islamic Index (+0.07%) edged up slightly to 23,452.13.