{
  "id": 17260615,
  "title": "BREAKING: NGX market cap adds N140.55 billion to hit N165.11 trillion all-time high",
  "url": "https://urgent.news/2026/10/30/breaking-ngx-market-cap-adds-n140-55-billion-to-hit-n165-11-trillion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T17:09:06.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/30/breaking-ngx-market-cap-adds-n140-55-billion-to-hit-n165-11-trillion-all-time-high/"
  },
  "original_language": "en",
  "account": "The Nigerian Exchange Limited (NGX) market cap expanded by N140.55 billion to reach an all-time high of N165.114 trillion on Friday, October 30, 2026. This marks the first time the market cap surpassed N165 trillion, surpassing the previous record of N164.97 trillion set on Thursday, October 29, 2026. The All-Share Index (ASI) also achieved its highest level, closing at 254,299.49 points, up from 254,083.02 points. In total, 997,559,078 shares were exchanged across 37,821 deals in the equities segment. The NGX Premium Index and NGX Industrial Index both experienced significant gains during the week, climbing from 32,354.36 to 33,423.40 points and from 11,218.05 to 12,199.20 points, respectively. Notable stock increases included Honeywell Flour Mill Plc (+10.00% to N22.55), May & Baker Nigeria Plc (+10.00% to N41.80), Livestock Feeds Plc (+9.92% to N13.30), Eterna Plc (+9.90% to N42.75), PZ Cussons Nigeria Plc (+9.85% to N71.95), and Caverton Offshore Support Group Plc (-10.00% to N3.60). Despite these gains, the banking sector saw some pullbacks, with the NGX Banking Index decreasing from 2,574.45 to 2,429.46 points over the five-day period.",
  "summary": "Equity trading on the Nigerian Exchange Limited (NGX) closed the final trading session of the week on Friday, October 30, 2026, on a peak note, with total equities market capitalisation rising to N165.114 trillion. The post BREAKING: NGX market cap adds N140.55 billion to hit N165.11 trillion all-time high appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}