Nigerian Equities Market Gains 0.26% on October 20

On October 20, 2026, the Nigerian equities market experienced a rebound, with the All-Share Index (ASI) gaining 632.79 points, a 0.26 percent increase, closing at 245,911.13. This recovery followed a sharp decline the previous day, driven by renewed buying interest that lifted investor sentiment.

Market capitalization rose by N412 billion, reaching N159.67 trillion. The market breadth indicated positive sentiment, with 28 stocks gaining compared to 21 losers.

Austin Laz and Company was the highest price gainer, increasing by 9.97 percent to close at N3.53 per share. Other notable gainers included ABC Transports, which rose by 9.92 percent to N6.65, and Cutix, which increased by 9.91 percent to N2.33 per share.

Conversely, Livestock Feeds led the losers' chart, declining by 9.76 percent to N17.10 per share, followed by Guinea Insurance, which fell by 7.78 percent to 83 kobo.