Dangote Cement Rally Lifts NGX By N1.75trn

The Dangote Cement rally helped Nigeria’s inventory market acquire N1.75 trillion, pushing NGX market capitalisation to a report N164.91 trillion
The Nigerian inventory market gained N1.75 trillion on Tuesday, October 27, 2026, as a rally in Dangote Cement shares helped push the Nigerian Exchange (NGX) market capitalisation to a report N164.91 trillion.

The market’s whole worth rose from N163.16 trillion recorded on Monday, October 26, because the All-Share Index superior by 1.07 per cent to shut at a brand new excessive of 253,990.06 factors.

According to market information cited within the report, the index gained 2,699.52 factors from its earlier shut of 251,290.54 factors.

Dangote Cement was among the many main contributors to the optimistic efficiency, with its share value rising by 9.80 per cent to shut at N1,341.90, up from N1,222.10.

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Several different shares additionally recorded important features in the course of the session.

UPDC Real Estate Investment Trust led the gainers with a ten per cent enhance, closing at N19.25 from N17.50.

Dangote Cement adopted with a 9.80 per cent rise, whereas Honeywell Flour superior by 9.67 per cent to N21.55 from N19.65.

Africa Prudential gained 9.42 per cent to shut at N7.55, in contrast with N6.90 beforehand, whereas Nigerian Aviation Handling Company (NAHCO) rose by eight per cent to N151.20 from N140.

The features in these shares helped assist the market’s general upward motion.

Despite the broader market rally, some equities recorded substantial losses.

Presco led the decliners after falling by 10 per cent to N1,840.80 from N2,045.30.

Tripple Gee dropped by 9.93 per cent to N2.54 from N2.82, whereas Thomas Wyatt declined by 9.85 per cent to N2.47 from N2.74.

Austin Laz shed 9.81 per cent to shut at N2.39, down from N2.65.

Transcorp additionally recorded a notable decline, dropping 9.70 per cent to shut at N32.60 from N36.10.

Trading exercise elevated sharply in the course of the session, with 5.23 billion shares exchanged in 35,882 offers.

The quantity represented a 1,487.21 per cent enhance from the 329.51 million shares traded on Monday.

First HoldCo accounted for 4.87 billion shares throughout 1,785 offers, making it the dominant contributor to the unusually excessive buying and selling quantity.

However, the overall variety of offers fell by 17.79 per cent, from 43,647 on Monday to 35,882 on Tuesday.

The session ended with the NGX at a contemporary report in market capitalisation and the All-Share Index reaching a brand new peak, supported by features in main shares, significantly Dangote Cement.