NGX market cap hits historic N164.9 trillion as ASI closes at peak 253,990 points
The Nigerian Exchange (NGX) extended its historic bull run on Tuesday, October 27, 2026, as total equities market capitalisation rose to a record high of N164.91 trillion. The post NGX market cap hits historic N164.9 trillion as ASI closes at peak 253,990 points appeared first on Nairametrics .
On Tuesday, October 27, 2026, the Nigerian Exchange (NGX) experienced its most significant market cap surge ever, reaching an impressive N164.91 trillion. This marked a 1.07% increase from the previous day's N163.16 trillion. The All-Share Index (ASI) achieved a new all-time high of 253,990.06 points, marking a 1.07% rise from the previous day's 251,290.54 points.
Trading activity was exceptionally high, with 5.23 billion shares exchanged, representing a remarkable 1,487.21% increase from 329.51 million shares. A total of 35,882 deals were completed, down 17.79% from 43,647 deals. The NGX Industrial Index showed remarkable strength, climbing from 10,258.94 points on October 21 to 11,834.55 points on October 27.
This sharp increase was primarily driven by Dangote Cement Plc, which surged 9.80% to close at N1,341.90 per share, adding N22.64 trillion to its market valuation. The NGX Meri Value Index climbed to 23,634.73 points, while the NGX Pension Broad Index reached 5,117.18 points, all contributing to sustained equity momentum.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
