Home Business DANGCEM, ETI, and ACCESSCORP lead gains as NGX benchmark index bounces 0.47%;...

DANGCEM, ETI, and ACCESSCORP lead gains as NGX benchmark index bounces 0.47%; Naira 0.1% vs dollar

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Real Business Needs Real Banking

FRI OCT 30 2026-theGBJournal| The Nigerian equities market advanced in Thursday’s session, as the NGX All-Share Index (ASI) rose by 0.47% to close at 254,083.02 points.

Market capitalisation also increased by 0.47% to N164.97 trillion. This brought the ASI year-to-date (YTD) return to 63.28%, from 62.51% in the previous session.

The positive performance was supported by gains in DANGCEM (+5.82%), ETI (+2.90%), and ACCESSCORP (+1.90%).

However, losses in FIRSTHOLDCO (-10.00%), LIVESTOCK (-9.70%), and GTCO (-0.08%) limited the market’s advance.

Market activity strengthened, with total volume traded increasing by 61.90% to 654.28 million units, while total value traded rose by 105.54% to N57.36 billion.

FIRSTHOLDCO (-10.00%) led the volume and value chart with 343.80mn units traded, worth N34.78 billion.

Market breadth was negative at 0.84x, reflecting 37 decliners against 31 advancers.

ETRANZACT (+10.00%) led the gainers, while FIRSTHOLDCO (-10.00%) led the decliners.

The NASD OTC market closed today’s session on a negative note, as the NASD Security Index (NSI) declined by 0.52% to close at 4,292.59 points.

Market capitalisation also fell by 0.54% to N2.58tn, while the year-to-date (YTD) return moderated to 21.13%, from 21.76% in the previous session.

Market activity improved, as total volume traded rose by 428.52% to 1.61 million units. Total value traded increased by 29.27% to N21.92 million, while the number of trades declined by 23.68% to 29.

SDIPWAPLC (+6.15%) was the sole gainer, while SDUBNPROP (-10.00%) led the decliners in today’s session.

Meanwhile, The official FX rate appreciated by 0.1% to N1,346.15/USD.

Similarly, Nigeria’s external reserves decreased marginally by 0.01% to $55.05 billion as of 28 October 2026. However, capital inflows have jumped 0.56% from $54.95 billion.

X-@theGBJournal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

 

 

 

 

 

 

 

 

 

 

 

Real Business Needs Real Banking
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