Nigerian Stock Market Declines 0.07% on October 22
On October 22, 2026, the Nigerian stock market closed in negative territory, with the benchmark NGX All-Share Index (ASI) decreasing by 0.07% to finish at 244,956.94 points, down from 245,116.49 points recorded the previous day. This decline extended the losses from the previous session, primarily due to profit-taking in selected stocks.
The market capitalisation fell by approximately N103.60 billion, leading to a year-to-date (YTD) return of 57.41%. Notable stock losses included NGX Group, which fell by 4.69%, Oando, which declined by 4.17%, and Wema Bank, which saw a decrease of 3.33%.
Zenith Bank also recorded losses during this trading session.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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