WED OCT 28 2026-theGBJournal| The Nigerian equities market wins back-to-back, supported by the persistent rally of large cap stocks in the Industrial Sector. Consequently, the NGX All-Share Index (ASI) increased by 1.07%, bringing its year-to-date (YTD) return to 63.22%.
In the same vein, trading activity was positive as total trade volume expanded by 14.54% to 375.70 million shares, while total transaction value rose by 10.24% to ₦28.21 billion.
Market breadth was also negative, with 16 gainers against 31 losers, while 78 stocks closed unchanged.
Most sectoral indices closed positive. The Industrial Index had the highest bullish close as in the previous trading session, increasing by 5.50%. On the other hand, the Insurance Index recorded the largest dip, decreasing by 0.06%.
Banking stocks took a back seat, as HONEYFLOUR led in trading by volume with a total of 32.64 million shares exchanged, and DANGCEM for two straight days, led in trading value with transactions worth ₦4.29 billion.
On the gainers’ chart, DANGCEM and HONYFLOUR recorded the strongest price appreciation for two consecutive days, while PRESCO and TRIPPLEG posted the steepest declines.
Similarly, the NASD OTC market rebounded in today’s session, as the NASD Security Index (NSI) gained 0.14% to close at 4,296.05 points. Market capitalisation also rose by 0.16% to N2.58tn, while the year-to-date (YTD) return improved to 21.23% from 21.07% in the previous session.
Market activity strengthened as total volume traded rose by 2,678.38% to 8.04mn units. Total value traded rose by 17.65% to N29.49mn and the number of trades increased by 18.52% to 32.
SDMRSPLC (+10.00%) led the three (3) gainers while SDAFRILANDPLC (-1.88%) was the only decliner in today’s session.
On the corporate front, several listed companies announced their forthcoming Annual General Meetings (AGMs) and Board Meetings (BMs).
Earnings’ season is in full swing as GUARANTY TRUST HOLDING COMPANY PLC, THE OKOMU OIL PALM COMPANY PLC, ECOBANK TRANSNATIONAL INCORPORATED all released their Q3 Financial Statements.
IKEJA HOTEL PLC announced an interim dividends.
Meanwhile, The official FX rate appreciated by 1.2% to NGN1,352.57/USD.
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