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Industrial Goods leads NGX sectors with 16.85% gain in October as banks fall 10.42%

The Industrial Goods Index led the Nigerian Exchange (NGX) sectoral performance in October 2026, gaining 16.85% as banking stocks recorded the steepest decline, with the Banking Index falling 10.42% during the month. The post Industrial Goods leads NGX sectors with 16.85% gain in October as banks fall 10.42% appeared first on Nairametrics .

Industrial Goods led the NGX sectors in October 2026 with a 16.85% gain, while banking stocks fell 10.42%. The NGX All-Share Index and NGX 30 Index also closed higher, with gains of 1.23% and 1.46%, respectively. Four out of the five major sector indices recorded losses, with the Industrial Goods index being the only sector in positive territory.

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