Best performing Nigerian stocks for the week ended October 9, 2026
Nigerian equities closed lower for the second straight week, with the benchmark NGX All-Share Index (ASI) declining 0.97% to close at 248,363.55 points from 250,808.27 points. The post Best performing Nigerian stocks for the week ended October 9, 2026 appeared first on Nairametrics .
The week ending October 9, 2026, saw Nigerian equities close lower for the second consecutive week, with the benchmark NGX All-Share Index (ASI) falling 0.97% to close at 248,363.55 points. Livestock Feeds emerged as the standout performer, surging 47.75% from N8.90 to N13.15, while Critical Minerals Financing Corp experienced the steepest decline, dropping 20.27%.
Market capitalisation fell by approximately N1.58 trillion to N161.26 trillion, moderating the market's year-to-date return to 59.60% from 61.17% the previous week. Market breadth was weak, with fewer equities appreciating than the previous week, and 68 equities remained unchanged, indicating selective buying rather than a broad recovery.
Analysts expect the market to remain cautious in the coming week due to persistent selling pressure and negative breadth.
Brief written by urgent.news from Nairametrics's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
