The Equities market extended its impressive rally today, with the All Share Index climbing another 102 basis points to close at a new high of 130,283.86 points. This marks a continuation of the robust bullish sentiment witnessed earlier in the week, reinforcing sustained investor confidence.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1Heavy hitters like BUACEMENT, DANGCEM, FIRSTHOLDCO, ACCESSCORP, NASCON, CADBURY, and NB led today’s market Surge, supported by gains from 23 other equities.
Investor wealth saw a significant N833 million increase as market capitalization grew by 1.02% to N82.42 trillion. The Year-to-Date (YTD) return now stands at 26.58%.
The market’s sectorial performance was a mixed bag, leaning towards the red as three out of five sectors declined. Profit-taking notably impacted the Banking (-2.34%), Insurance (-0.89%), and Oil/Gas (-0.61%) sectors, particularly affecting I-IBA, GTCO, FIDELITYBK, ZENITHBANK, CONHALLPLC, UNIVINSURE, AllCO, LASACO, OANDO, and ARADEL.
Conversely, the Industrial Goods (+9.08%) and Consumer Goods (+0.54%) sectors posted gains, driven by robust investor interest in BUACEMENT, DANGCEM, WAPCO, NASCON, CADBURY, NB, DANGSUGAR, and INTBREW.
MARKET ACTIVITY: Today, trading activity experienced a substantial decrease, with both volume and value declining significantly. Volume dipped by 89.78% to 1.19 trillion units, while traded value fell by 88.23% to N42.76 billion.
MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio decreased to 0.65x from as 30 stocks appreciated, 46 stocks depreciated and 53 stocks closed flat.
FIXED INCOME MARKET: The Treasury Bills market closed bearish today, with yields at 18.04% while the Bonds market closed bullish at 1 6.40%
CURRENCY MARKET: The Naira depreciated by 0.19% to N1,533.11
