…The Naira depreciated by 0.08%to close at ₦1,502.13
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1EQUITIES MARKET:
The local bourse sustained its bullish momentum for the fifth consecutive session, climbing 21bps to close at 140,665.84 points and further reinforcing the upward trend from the previous session.
The bullish momentum was driven by strong buying interest in stocks such as FIRSTHOLDCO, ZENITHBANK, GTCO, NB, ARADEL and 35 other gainers that bouyed the market.
As a result, the Year-to-Date (YTD) return rose to 36.67%, while market capitalization gained 0.21% to ₦89.00 trillion, translating to a ₦190.13 billion profit for investors.
Sectoral performance was moderately positive, with three of the five tracked indices closing in the green. The Banking index led the gains, surging 0.78% on strong price appreciation in UBA, FIRSTHOLDCO, ZENITHBANK, GTCO, and FIDELITYBK . It was followed by Consumer Goods (+0.21) and Oil & Gas (+0.10%) driven by advances in GUINNESS, HONYFLOUR, NB, JAPAULGOLD, OANDO and ARADEL. The Insurance Index was the sole index in red due to sell-offs in NEM, MANSARD, CONHALLPLC and LASACO.
While the Industrial Index closed flat.
MARKET ACTIVITY: Market activity was bearish, as trading volume depreciated by 50.74% to 378.18 million units, while value traded dropped -69.47% to ₦12.41 billion.
MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio increased to 3.33x from 1.48x as 40 stocks appreciated, 12 stocks depreciated and 74 stocks closed flat.
FIXED INCOME MARKET: Yields in the Treasury Bills and Bonds market closed bullish, decreasing to 18.96% and 16.48% respectively.
CURRENCY MARKET: The Naira depreciated slightly by 0.08% to close at ₦1,502.13 in the official market.
