Bulls reinforce Victory, Investors gained ₦792.59 million

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The market wrapped up the week on a firm bullish note, as the NGX All-Share Index rose by 94bps to close at 134,452.93 points. This marks the 17th consecutive day of gains, underscoring sustained investor optimism and positive sentiment across key counters.

https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1

Boosted by standout performers like INTBREW, OANDO, FCMB, FIRSTHOLDCO, FIDELITYBK, ZENITHBANK, and UBA, the market closed positively today, with additional support from 41 other gainers.

Investor wealth increased by ₦792.59 million as market

capitalization rose by 0.94% to ₦85.05 trillion. This brings the Year-toDate (YTD) return to 30.63%.

The market ended firmly in the green, as all five sectors under our coverage recorded gains. The Consumer Goods (+1.63%),

Insurance (+1.32%), Industrial (+0.60%), Banking (+0.59%), and Oil & Gas (+0.50%) sectors all advanced, driven by price appreciations in tickers such as INTBREW, UNILEVER, SOVERNINS, CONHALLPLC, GUINEAINS, WAPCO, FBNH, FIDELITYBK, ZENITHBANK, UBA, and OANDO.

MARKET ACTIVITY: Trading activity was mixed today, with total volume dropping by 12.79% to 713.72 million units, even as the value of transactions rose by 6.92% to ₦22.67 billion.

MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio increased to 2.18x from 1.38x as 48 stocks appreciated, 22 stocks depreciated and 58 stocks closed flat.

FIXED INCOME MARKET: Yields on both Treasury Bills and Bonds held steady at 17.60% and 16.11%, respectively.

CURRENCY MARKET: The Naira closed unchanged at  ₦1,534.79

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