30-Day NGX Review: Sterling Rallies 880%, Market Breadth Remains Negative
From October 3 to November 2, 2026, the NGX saw 30 advancing stocks against 71 decliners across 172 equities tracked. STERLINGNG led gains with an exceptional 880.52% surge from ₦7.70 to ₦75.50, followed by MULTITREX's 100% jump and DANGCEM's 39.68% rise. On the downside, CMFC fell 26.91%, INTENEGINS declined 21.78%, and FIRSTHOLDCO dropped 21.28% in a month marked by broader selling pressure.
From October 3 to November 2, 2026, the NGX saw 30 advancing stocks against 71 decliners across 172 equities tracked. STERLINGNG led gains with an exceptional 880.52% surge from ₦7.70 to ₦75.50, followed by MULTITREX's 100% jump and DANGCEM's 39.68% rise.
On the downside, CMFC fell 26.91%, INTENEGINS declined 21.78%, and FIRSTHOLDCO dropped 21.28% in a month marked by broader selling pressure.
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