BREAKING: NGX market cap adds N140.55 billion to hit N165.11 trillion all-time high
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Nairametrics
Reported by Israel Ojoko
Fri, 30 Oct 2026, 17:09
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Source Attribution: Nairametrics
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Broader market indicators also trended upward, with the flagship NGX 30 Index rising from 9,260.09 points to 9,376.41 points, while the NGX Pension Broad Index appreciated from 5,059.96 points to 5,123.99 points by week-end. Concurrently, the benchmark All-Share Index (ASI) reached its highest level, closing at 254,299.49 points, up from 254,083.02 points.
Context & Background
✦Similarly, the NGX Insurance Index fell from 1,056.47 points on Monday to finish at 1,027.06 points on Friday, while the NGX Oil/Gas Index recorded a mild weekly drop from 6,089.08 points to 6,085.42 points.
Key Figures & Named Entities
Friday:Equity trading on the Nigerian Exchange Limited (NGX) closed the final trading session of the week on Friday, October 30, 2026, on a peak note, with total equities market capitalisation rising to N165.114 trillion.Thursday:This is the first time the market cap will cross the N165 trillion threshold, beating the N164.97 trillion record set on Thursday, October 29, 2026.Friday:Total market liquidity for the Friday session saw 997,559,078 shares exchanged across 37,821 deals in the equities segment.
Outlook & Next Steps
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Key Takeaways
Verified Extract
✦Broader market indicators also trended upward, with the flagship NGX 30 Index rising from 9,260.09 points to 9,376.41 points, while the NGX Pension Broad Index appreciated from 5,059.96 points to 5,123.99 points by week-end.
✦Concurrently, the benchmark All-Share Index (ASI) reached its highest level, closing at 254,299.49 points, up from 254,083.02 points.
✦Similarly, the NGX Insurance Index fell from 1,056.47 points on Monday to finish at 1,027.06 points on Friday, while the NGX Oil/Gas Index recorded a mild weekly drop from 6,089.08 points to 6,085.42 points.
Key Facts:Friday: Equity trading on the Nigerian Exchange Limited (NGX) closed the final trading session of the week on Friday, October 30, 2026, on a peak note, with total equities market capitalisation rising to N165.114 trillion.Thursday: This is the first time the market cap will cross the N165 trillion threshold, beating the N164.97 trillion record set on Thursday, October 29, 2026.Friday: Total market liquidity for the Friday session saw 997,559,078 shares exchanged across 37,821 deals in the equities segment.50 May: BUA Foods’ cost cuts lift pre-tax profit to N480.52 billionBREAKING: Zenith Bank posts N928.8 billion pre-tax profit as impairment charges fall 70.5%Nigerian Breweries clears N72.17 billion accumulated losses, moves closer to dividend resumptionMarket summary All-Share Index (ASI): 254,299.49 points, up 0.09% from 254,083.02 points Market cap: N165.114 trillion, up 0.09% from N164.97 trillion Market value gained: N140.56 billion Trading volume: 997,559,078 shares, up 52.50% from 654.14 million shares Total deals: 37,821 deals, up 5.68% from 35,789 deals Top 5 gainers Honeywell Flour Mill Plc: Up 10.00% to N22.55 from N20.50 May & Baker Nigeria Plc: Up 10.00% to N41.80 from N38.00 Livestock Feeds Plc: Up 9.92% to N13.30 from N12.10 Eterna Plc: Up 9.90% to N42.75 from N38.90 PZ Cussons Nigeria Plc: Up 9.85% to N71.95 from N65.50 Top 5 losers Caverton Offshore Support Group Plc: Down 10.00% to N3.60 from N4.00 LivingTrust Mortgage Bank Plc: Down 9.94% to N2.90 from N3.22 Veritas Kapital Assurance Plc: Down 9.91% to N1.00 from N1.11 UPDC Plc: Down 9.46% to N3.35 from N3.70 Zichis: Down 9.46% to N 16.66 from N18.40 Driving the numbers A primary contributor was telecommunications heavyweight MTN Nigeria Communications Plc, which advanced 3.03% (+N25.00) to close at N850.00 with a market valuation of N17.85 trillion.
Editorial Excerpt
Equity trading on the Nigerian Exchange Limited (NGX) closed the final trading session of the week on Friday, October 30, 2026, on a peak note, with total equities market capitalisation rising to N165.114 trillion.
Frequently Asked Questions About This Story
What is the latest development regarding United Bank for Africa?
Broader market indicators also trended upward, with the flagship NGX 30 Index rising from 9,260.09 points to 9,376.41 points, while the NGX Pension Broad Index appreciated from 5,059.96 points to 5,123.99 points by week-end.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include United Bank for Africa, BUA Group, Access Bank.
What timeline or key figures were confirmed?
Equity trading on the Nigerian Exchange Limited (NGX) closed the final trading session of the week on Friday, October 30, 2026, on a peak note, with total equities market capitalisation rising to N165.114 trillion.