NGX Market Capitalization Reaches N165.11 Trillion Peak

On October 30, 2026, the Nigerian Exchange Limited (NGX) reported a market capitalization increase of N140.55 billion, reaching an all-time high of N165.114 trillion. This milestone surpassed the previous record of N164.97 trillion set on October 29, 2026.

The benchmark All-Share Index (ASI) also achieved a peak, closing at 254,299.49 points, up from 254,083.02 points. A total of 997,559,078 shares were traded across 37,821 deals during the session.

MTN Nigeria Communications Plc was a primary contributor, advancing 3.03% to close at N850.00, with a market valuation of N17.85 trillion. Gains were also noted in key consumer goods and healthcare stocks, including Honeywell Flour Mill Plc (+10.00%), May & Baker Nigeria Plc (+10.00%), Eterna Plc (+9.90%), and PZ Cussons Nigeria Plc (+9.85%).

However, the banking sector faced challenges, with the NGX Banking Index declining from 2,574.45 to 2,429.46 points due to price drops in major banks. The NGX Industrial Index rose significantly during the week, while fixed-income valuations remained unchanged.