NGX Market Wrap 9 Oct 2026 | Plus234Feed

The NGX finished Friday's session in modest negative territory as the All-Share Index shed 0.25% to close at 248,381.76 points. However, the muted decline masks a balanced market where selective strength in specific stocks offset broader weakness.

Trading activity remained solid, with 35,932 deals exchanged and 293.6 million shares changing hands, generating ₦18.6 billion in value. This liquidity suggests sustained investor participation despite the directional headwind.

The gainers list was anchored by LIVESTOCK, which surged 9.58% to ₦13.15 following a ₦1.15 jump, leading a cohort of strong performers. CAP gained ₦8.50 to ₦108.50 (+8.50%), while UPDC, GUINEAINS, and REGALINS each posted gains exceeding 7%, indicating selective appetite in the equities space.

Conversely, losses were steeper in magnitude but narrower in breadth. REDSTAREX declined 9.76% (₦1.45) to ₦13.40, while AVACAP shed 9.48% (₦0.55) to ₦5.25. LEGENDINT, DAARCOMM, and WAPIC also registered declines ranging from 7.26% to 8.22%.

Market heavyweights dominated trading volume: ZENITHBANK led with 29.8 million shares, trailed by GTCO (20.1 million) and ACCESSCORP (18.8 million), demonstrating that large-cap liquidity remained robust despite the index's slight pullback. Market capitalisation stood at ₦161.3 trillion.

Investors should monitor whether tomorrow's session sustains consolidation or tests support levels, particularly given Friday's marginal decline.