The Nigerian Equities market concluded the trading week on a bearish note as the NGX All-Share Index shed 71 basis points by the close of the day, reaching 102,314.56 points compared to the previous session’s 103,437.67 points.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The market’s negative performance was primarily driven by profit taking activities in top stocks such as Access Corporation (-6.76%), Guaranty Trust Holding Company(-10.00%), FirstBank Nigeria Holdings (-6.71%), Nigerian Breweries (-0.18%), Zenith Bank (-3.73%) and 31 others.As a result, the year-to-date return settled at 36.83%.
Consequently, the overall market capitalization experienced a 0.71% decline, reaching N57.86 trillion, as investors lost N412.14 billion.
Market activity for the day was positive as volume and value traded advanced by 84.46% and 205.56% to 7.34 billion units and N21.59 billion, respectively.We expect bears to maintain hold on equities in the absence of any positive catalyst.
CURRENCY MARKET:
The Nigerian Naira appreciated by 7.17% against US Dollar in the NAFEM Window, closing at a rate of ₦1,142.38.
