NGX loses N1.47 trillion in single day as Dangote Cement, banking stocks slide
Bearish sentiments dominated trading on the Nigerian Exchange Limited (NGX) on Monday, October 19, 2026, as market capitalisation plummeted by N1.47 trillion (0.91%) to close at N159.26 trillion, down from N160.73 trillion recorded at the close of trading on Friday. The post NGX loses N1.47 trillion in single day as Dangote Cement, banking stocks slide appeared first on Nairametrics .
On Monday, October 19, 2026, the Nigerian Exchange Limited (NGX) witnessed a significant decline in market capitalization, plummeting by N1.47 trillion (0.91%) to close at N159.26 trillion. This marked a 0.91% decrease from the previous trading day's close of N160.73 trillion. The benchmark All-Share Index (ASI) also experienced a downturn, falling 2,261.39 points to 245,278.34 points, marking the lowest point recorded in the five-day trading period.
The NGX saw a trading volume of 349,343,580 shares, a 35.58% increase from the previous day's 257.67 million shares, with a total of 43,115 deals, marking a 34.85% rise from 31,972 deals.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
