NGX Gains N410 Billion on October 20, 2026 Recovery

On October 20, 2026, the Nigerian Exchange (NGX) rebounded, adding N410.86 billion to its market capitalisation, which rose from N159.26 trillion to N159.67 trillion. The benchmark All-Share Index (ASI) increased by 632.79 points, closing at 245,911.13 points.

This recovery followed a substantial decline of N1.47 trillion on October 19, which had brought the index down to a weekly low of 245,278.34 points. Investor sentiment improved, resulting in 28 gainers compared to 21 losers.

The NGX Industrial Index led the recovery, gaining 118.44 points to reach 10,258.95, supported by a 6.76% increase in HBM Nigeria Plc's share price. The NGX Consumer Goods Index also rose, bolstered by NASCON Allied Industries Plc and Unilever Nigeria Plc.

However, the NGX Banking Index fell by 3.67 points, affected by declines in major banks. The NGX Insurance Index also slipped due to downturns in specific insurance companies.