Nigeria's stock market ended Wednesday, November 4, 2026, on a positive note, with the NGX All-Share Index (ASI) moving higher. According to Legit.ng, buying interest in banking stocks and in Transcorp Power drove the gains.
The numbers at the close
The ASI moved up from 254,289.35 points to 254,762.81 points by the end of trading. Market capitalisation rose from N165.107 trillion to N165.415 trillion, a figure Legit.ng attributed to Punch. That is an increase of roughly N308 billion, in line with the claim that the market gained N308 billion with the index up 0.19 per cent.
Trading volume stood at 552.31 million shares valued at N37.46 billion, changing hands across 32,874 deals.
Winners and losers
Legit.ng reported that banking stocks and Transcorp Power carried the day, even though the insurance, consumer goods, and oil and gas sectors recorded losses. One extracted claim also names GTCO, Zenith Bank and UBA among the shares that supported the gain, though the article text itself highlights GTCO in its link title.
For the year so far, the market's return has climbed to 63.72%, while the month-to-date return improved to 0.2%.
Other market stories
The report also pointed to related business headlines. One said Access Holdings' nine-month pre-tax profit rose to N667 billion as impairment charges fell. Another said cement dealers had announced new prices, with Dangote, HBM and BUA reportedly posting record profits. These were only mentioned as headlines, with no further detail given.
Legit.ng also recalled that OPay has put on hold its planned New York Stock Exchange listing after a regulatory inquiry in a foreign jurisdiction. The company said in a statement dated October 31, 2026 that it reached the decision after talks with underwriters and called it the most prudent course. The move followed the mutual termination of an underwriting agreement signed on October 29, 2026.
