The Nigerian equity market gained ₦21.74 billion on Thursday, October 15, 2026, as the Nigerian Exchange extended its rally for a second consecutive day.
The benchmark All-Share Index rose by 33.48 points, or 0.01 per cent, to close at 247,707.13 points. It had closed at 247,673.65 points on Wednesday.
Market capitalisation correspondingly increased from ₦160.81 trillion to ₦160.83 trillion, as investors exchanged 286,680,060 shares in 30,186 deals in the equities segment.
The market value gain stood at ₦21.74 billion.
Trading volume of 286.68 million shares was 8.96 per cent lower than the 314.90 million shares traded in the previous session.
The 30,186 deals recorded were 2.38 per cent fewer than the 30,922 deals in the previous session.
Multi-Trex Integrated Foods Plc topped the gainers’ chart with a 10.00 per cent rise to ₦0.55 from ₦0.50.
Zichis Agro Allied Industries Plc also gained 10.00 per cent, moving to ₦17.93 from ₦16.30.
Austin Laz & Company Plc rose 9.92 per cent to ₦2.66 from ₦2.42.
CWG Plc appreciated by 9.86 per cent to ₦20.05 from ₦18.25.
Omatek Ventures Plc gained 9.77 per cent to ₦1.46 from ₦1.33.
On the losers’ table, Nigerian Enamelware Plc fell 9.95 per cent to ₦36.65 from ₦40.70.
NASCON Allied Industries Plc lost 9.48 per cent, dropping to ₦171.00 from ₦188.90.
Thomas Wyatt Nigeria Plc declined 6.38 per cent to ₦2.20 from ₦2.35.
DAAR Communications Plc shed 6.37 per cent to ₦1.47 from ₦1.57.
Legend Internet Plc fell 5.80 per cent to ₦3.25 from ₦3.45.
The NGX Oil/Gas Index surged from 6,034.68 to 6,194.16 points. The rally was anchored by high-priced energy stocks, notably Aradel Holdings Plc, which jumped 7.14 per cent (+₦99.90) to close at ₦1,499.90, and Oando Plc, which gained 1.16 per cent to ₦34.95.
The financial sector also posted a steady lift, with the NGX Banking Index advancing from 2,550.65 to 2,556.46 points.
The banking uplift was supported by price gains in key financial institution counters. Ecobank Transnational Inc. (ETI) rose 1.28 per cent to ₦71.40, First Holdco Plc gained 0.84 per cent to ₦138.00, Fidelity Bank Plc added 0.50 per cent to ₦20.10, and United Bank for Africa (UBA) rose 0.35 per cent to ₦43.15.
Market breadth was positive, with 26 gainers against 24 decliners, pointing to broader investor appetite across mid-cap and growth equities.
The NGX Growth Index advanced from 26,819.68 to 26,970.58 points. It was fuelled by the maximum 10.00 per cent daily price-limit gains of Multi-Trex Integrated Foods Plc (to ₦0.55) and Zichis Agro Allied Industries Plc (to ₦17.93), alongside strong rallies in CWG Plc (+9.86 per cent to ₦20.05) and Livestock Feeds Plc (+9.73 per cent to ₦18.60).
In contrast, MTN Nigeria Communications Plc dropped 2.84 per cent (-₦24.00) to ₦820.00. This dragged the NGX Premium Index down from 31,123.69 to 30,909.21 points.
NASCON Allied Industries Plc also fell 9.48 per cent to ₦171.00, amid a tight monetary environment in which the Central Bank of Nigeria’s benchmark Monetary Policy Rate stands at 23.00 per cent.
On sectoral performance, the NGX Oil/Gas Index led the day’s gains, surging by 159.48 points to close at 6,194.16 points, up from 6,034.68 points on Wednesday.
Broad-based buying interest in smaller and mid-cap equities lifted the NGX Growth Index by 150.90 points to 26,970.58 points, from 26,819.68 points.
The NGX Main-Board Index rose to 10,820.66 points from 10,767.69 points.
Ethical and institutional funds also trended positively. The NGX Lotus Islamic Index moved up to 23,164.84 points from 23,045.85 points, while the NGX Pension Index expanded to 12,914.69 points from 12,868.58 points.
Modest gains were also recorded in the financial and consumer sectors. The NGX Banking Index lifted to 2,556.46 points from 2,550.65 points, the NGX Consumer Goods Index crept up to 4,033.67 points from 4,031.55 points, and the NGX Commodity Index advanced to 1,937.41 points from 1,901.05 points.
Conversely, a contraction in large-cap stocks pulled down the NGX Premium Index, making it the session’s biggest decliner. It lost 214.48 points to finish at 30,909.21 points, down from 31,123.69 points.
Insurance stocks saw mild sell-offs, with the NGX Insurance Index slipping to 1,080.09 points from 1,082.33 points. The NGX Corporate Governance (CG) Index also dropped to 7,257.45 points from 7,275.18 points.
Minor pullbacks were also seen in the NGX MERI Growth Index (16,022.92 points), the NGX MERI Value Index (22,802.45 points) and the NGX Pension Broad Index (4,974.79 points).
The NGX Industrial Index closed nearly flat at 10,442.87 points, from 10,442.79 points.
Fixed-income benchmarks stayed static, with the NGX Sovereign Bond Index unchanged at 661.50 points.
