NGX records 2.86% weekly gain on increased turnover
AI Executive Briefing
Verified Synthesis~36s readTrading in the top three equities, namely First Holdco Plc, Guaranty Trust Holding Company Plc, and United Bank for Africa Plc, accounted for 6.096 billion shares worth N544.438bn in 27,001 deals, contributing 80.02 per cent and 85.36 per cent to the total equity turnover volume and value, respectively. The Financial Services Industry led the activity chart measured by volume with 6.990 bn shares valued at 573.492 bn traded in 85,998 deals, contributing 91.75 per cent and 89.91 per cent to the total equity turnover volume and value, respectively.
Context & Background
- ✦Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors on the floor of the Exchange traded a total turnover of 7.619 bn shares worth 637.826 bn in 192,138 deals, which contrasts sharply with the total of 2.024 bn shares valued at 110.773 bn that exchanged hands the previous week in 173,113 deals.
Key Figures & Named Entities
Friday:Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors on the floor of the Exchange traded a total turnover of 7.619 bn shares worth 637.826 bn in 192,138 deals, which contrasts sharply with the total of 2.024 bn shares valued at 110.773 bn that exchanged hands the previous week in 173,113 deals.26 October:There was also a price adjustment during the week for Zenith Bank Plc, which traded ex-dividend on 26 October 2026, with a last close price of 120.90 and a dividend of 1.50.last week:Trading product overview In the Exchange Traded Products segment, a total of 1.346 million units valued at 512.142 million were traded this week in 4,472 deals, showing an increase compared to the 1.128 million units valued at 244.251 million transacted last week in 3,298 deals.
Outlook & Next Steps
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Key Takeaways
Verified Extract- Trading in the top three equities, namely First Holdco Plc, Guaranty Trust Holding Company Plc, and United Bank for Africa Plc, accounted for 6.096 billion shares worth N544.438bn in 27,001 deals, contributing 80.02 per cent and 85.36 per cent to the total equity turnover volume and value, respectively.
- The Financial Services Industry led the activity chart measured by volume with 6.990 bn shares valued at 573.492 bn traded in 85,998 deals, contributing 91.75 per cent and 89.91 per cent to the total equity turnover volume and value, respectively.
- Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors on the floor of the Exchange traded a total turnover of 7.619 bn shares worth 637.826 bn in 192,138 deals, which contrasts sharply with the total of 2.024 bn shares valued at 110.773 bn that exchanged hands the previous week in 173,113 deals.
Key Facts:Friday: Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors on the floor of the Exchange traded a total turnover of 7.619 bn shares worth 637.826 bn in 192,138 deals, which contrasts sharply with the total of 2.024 bn shares valued at 110.773 bn that exchanged hands the previous week in 173,113 deals.26 October: There was also a price adjustment during the week for Zenith Bank Plc, which traded ex-dividend on 26 October 2026, with a last close price of 120.90 and a dividend of 1.50.last week: Trading product overview In the Exchange Traded Products segment, a total of 1.346 million units valued at 512.142 million were traded this week in 4,472 deals, showing an increase compared to the 1.128 million units valued at 244.251 million transacted last week in 3,298 deals.Wednesday: Corporate debt listings Corporate listings during the week featured the listing of Rare Gems Jewellery Limited’s commercial paper under its 20,000,000,000-issuance programme on Wednesday, 28 October 2026, encompassing Series 1 Tranche A and Tranche B.
Editorial Excerpt
The Nigerian equities market recorded a 2.86% weekly gain to close at 254,299.49 points, driven by increased turnover and industrial stocks.
Frequently Asked Questions About This Story
What is the latest development regarding United Bank for Africa?
Trading in the top three equities, namely First Holdco Plc, Guaranty Trust Holding Company Plc, and United Bank for Africa Plc, accounted for 6.096 billion shares worth N544.438bn in 27,001 deals, contributing 80.02 per cent and 85.36 per cent to the total equity turnover volume and value, respectively.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include United Bank for Africa, Zenith Bank, Dangote Group.
What timeline or key figures were confirmed?
Nigeria’s equities market ended October’s final week higher, buoyed by industrial stocks and increased trading volumes, while activity across debt, exchange-traded products and foreign exchange markets reflected significant capital flows, JIDE AJIA reports The stock market weekly analysis for the week ended on Friday, 30 October 2026, indicates that investors on the floor of the Exchange traded a total turnover of 7.619 bn shares worth 637.826 bn in 192,138 deals, which contrasts sharply with the total of 2.024 bn shares valued at 110.773 bn that exchanged hands the previous week in 173,113 deals.
