Nigerian Stock Market Gains N140.55bn on October 30
On October 30, 2026, the Nigerian stock market experienced a positive trend, adding approximately N140.55 billion in market capitalisation. The NGX All-Share Index (ASI) increased by 0.09%, closing at 254,299.49 points, up from 254,083.02 points in the previous session.
This performance brought the market's year-to-date return to 63.42%. Despite the gains, market sentiment was negative, with 25 stocks advancing while 32 declined.
Honeywell Flour Mills and May & Baker were the top gainers, each appreciating by 10%. Other notable gainers included Wema Bank, which rose by 3.23%, and Custodian Investment, which gained 0.46%.
Trading activity saw a significant increase, with total volume rising by 52.47% to 997.57 million shares valued at N85.81 billion across 37,870 deals. First HoldCo Plc dominated the trading volume with 580.36 million shares, accounting for 58.18% of the total, and recorded the highest traded value at N66.55 billion.
Plus234Feed summary based on reporting from Legit.ng. Read the original report below.
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