Investors traded 2.02 billion shares valued at N110.77 billion on the Nigerian Exchange Limited (NGX) in the week ended October 23, 2026, representing a 12.9 per cent increase in transaction value from the previous week.
Gatekeepers News reports that the value of shares traded rose from N98.09 billion recorded in the preceding week, when 1.66 billion shares changed hands in 184,632 deals.
Trading volume increased by 22 per cent to 2.02 billion shares, while the number of deals declined to 173,113 from 184,632.
Despite the increase in trading activity, the market closed the week lower, with the All-Share Index falling to 247,222.27 points from 247,539.73 points.
Market capitalisation also declined to N160.52 trillion, reflecting a 0.13 per cent decrease during the period.
The financial services industry led trading activity by volume, accounting for 1.11 billion shares valued at N53.91 billion in 81,787 deals. The sector contributed 54.89 per cent of total equity turnover volume and 48.66 per cent of the value traded.
The consumer goods industry followed with 394.04 million shares worth N9.81 billion, while the agriculture industry recorded 147.17 million shares valued at N2.82 billion.
Multitrex Integrated Foods Plc, Zenith Bank Plc and Livestock Feeds Plc were the most traded equities by volume, with a combined turnover of 521.57 million shares valued at N19.09 billion in 16,487 deals.
The three stocks accounted for 25.76 per cent of total equity turnover volume and 17.24 per cent of the value traded during the week.
ABC Transport Plc led the gainers, appreciating by 20.66 per cent to close at N7.30 per share from N6.05. Ava Capital Plc followed with a 17.74 per cent gain, while Caverton Offshore Support Group Plc rose by 17.07 per cent.
Fidelity Bank Plc gained 14.01 per cent to close at N24, while Multitrex Integrated Foods Plc appreciated by 10 per cent to N0.66.
On the losers’ chart, UPDC Real Estate Investment Trust recorded the biggest decline, shedding 17.26 per cent to close at N17.50 from N21.15.
Omatek Ventures Plc fell by 12.5 per cent to N1.40, while University Press Plc declined by 12.12 per cent to N4.35.
Regency Alliance Insurance Plc lost 11.25 per cent, while Nigerian Exchange Group Plc dropped by 10.29 per cent to close at N152.50.
The market recorded 20 gainers and 55 losers during the week, compared with 50 gainers and 30 losers in the preceding week, indicating broader declines despite the increase in the value of shares traded.
