Bears held sway as the Nigerian Equities Market closed the day’s trading in the red region as the day’s session saw the benchmark NGX All-Share Index (NGXASI) decline by 150 basis points, closing at 102,108.05 points from 103,659.81 points in the previous session.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The day’s negative performance was attributed to investors profit taking activities in major stocks like GUINNESS (-9.73%), OANDO (-8.33%), BUACEMENT (-10.00%), ACCESSCORP (-1.92%), GTCO (-1.48%) and 41 other stocks.
Consequently, the year-to-date return decreased to 36.56%. In the same vein, the overall market capitalization declined by 1.50% to ₦55.87 trillion, as investors lost ₦849.10 billion.
Market activity for the day was negative as volume and value traded decreased by 41.28% and 60.70% to close at 494.19 billion units and ₦7.59 billion.
We expect the equities market to trade mixed this week.
CURRENCY MARKET:
The Nigerian Naira depreciated by 0.99% against US Dollar in the NAFEM Window, closing at a rate of ₦1433.89.
