The Nigerian stock market closed the days’ trading session on a bullish note with investors interest noted in highly capitalized stocks like SEPLAT (+9.99%), GEREGU (+3.60%) & MTN (+5.52%) which led to a notable upward movement in NGXASI, as it recorded a gain of 111 basis points, closing at 65,991.02 points, compared to its Monday closing value of 65,268.28.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The positive closure in the stock market’s performance today was also driven by substantial gains in some other stocks such as GTCO (+0.52%), ACCESSCORP (+0.28%), UNILEVER (+9.72%), and DANGSUGAR (+2.18%), along with 28 other stocks.
Consequently, the Year to Date (YTD) return experienced a significant upswing, reaching 28.76%. Moreover, the overall market capitalization showed a 1.11% increase, settling at N35,932.76 trillion, leading to a notable rise in investors’ wealth by N393.54 billion.
We anticipate a bullish sentiment in the equities market this week, as we expect to see the rollout of firms’ half year results.
Currency Market
The Nigerian Naira appreciated by 0.08% against the US Dollar in the I&E Window, closing at a rate of N791.42/USD.
