NGX Turnover Rises 2.1% To N158.28bn As Market Index Falls

NGX Starts August Higher As Investors Return To Large-Cap Stocks NGX Starts August Higher As Investors Return To Large-Cap Stocks

Investors traded shares worth N158.28 billion on the Nigerian Exchange Limited (NGX) in five trading sessions, representing a 2.1 per cent increase from the N155.02 billion recorded in the preceding week.

Gatekeepers News reports that according to the exchange’s weekly report published on Sunday, October 11, 2026, a total of 2.71 billion shares were exchanged in 209,986 deals during the week, compared with 3.16 billion shares traded in 206,662 deals in the previous week.

Despite the increase in transaction value, the All-Share Index (ASI) and market capitalisation declined by 0.97 per cent, closing at 248,363.55 points and N161.26 trillion, respectively.

The figures indicate that although the total value of shares traded increased, the broader market recorded a decline during the five-day trading period.

The financial services industry dominated trading activity, recording 2.005 billion shares valued at N82.92 billion in 94,483 deals.

The sector accounted for 73.84 per cent of the total equity turnover volume and 52.39 per cent of the transaction value recorded during the week.

The consumer goods industry ranked second, with 152.34 million shares worth N11.42 billion traded in 20,926 deals.

The information and communications technology sector came third, recording 117.29 million shares valued at N15.25 billion in 22,556 deals.

Access Holdings Plc, Zenith Bank Plc and United Bank for Africa Plc were the most actively traded equities by volume during the week.

The three companies recorded a combined turnover of 1.02 billion shares valued at N50.52 billion in 29,382 deals.

Their transactions represented 37.56 per cent of the total equity turnover volume and 31.92 per cent of the overall transaction value.

Livestock Feeds Plc led the gainers’ table, appreciating by 47.75 per cent as its share price increased from N8.90 to N13.15.

Tripple Gee and Company Plc followed, gaining 32.62 per cent to rise from N2.33 to N3.09 per share.

Guinea Insurance Plc ranked third, advancing by 29.17 per cent from N0.72 to N0.93 per share.

Learn Africa Plc gained 19.61 per cent, rising from N7.65 to N9.15, while Multi-Trex Integrated Foods Plc appreciated by 16.67 per cent to close at N0.42 from N0.36.

Critical Minerals Financing Corporation Plc recorded the biggest decline, falling by 20.27 per cent from N4.49 to N3.58 per share.

ABC Transport Plc followed with an 18.24 per cent loss, dropping from N7.40 to N6.05.

Japaul Gold and Ventures Plc declined by 11.11 per cent from N2.88 to N2.56 per share.

Fidelity Bank Plc shed 10.64 per cent, falling from N23.50 to N21, while Aradel Holdings Plc lost 10 per cent, declining from N1,530 to N1,377 per share.

The weekly figures highlight contrasting movements in the Nigerian stock market, with turnover value rising slightly while the benchmark index and market capitalisation recorded declines.