The Nigerian Equities market strengthened on its bullish momentum at the close of trading today, with the NGX All-Share Index advancing by 58 basis points to close at 163,244.69 points. The positive performance was driven by broad-based gains in key sectors and sustained investor confidence in the market.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The market surged, led by strong gains in ETRANZACT, MAYBAKER, WAPCO, FIRSTHOLDCO, NGXGROUP, NB, ARADEL, CADBURY, ACCESSCORP, GTCO and 39 other top-performing stocks.
As a result, the year-to-date return improved to 4.90%, while market capitalization rose by 0.72% to ₦104.52 trillion, translating to a ₦744.99 billion increase in investor wealth.
Sectoral performance was broadly positive, with all five tracked indices closing high. The Oil & Gas index led the gainers, up 1.49%, due to renewed interest in ARADEL. In tandem, the Insurance index gained 0.88%, driven by VERITASKAP, ROYALEX and INTENEGINS, while the Banking index added 0.86% on the back of appreciations in FIRSTHOLDCO, ACCESSCORP and GTCO. Also, the Industrial Goods index edged higher by 0.81%, buoyed by sustained interest in CAVERTON, WAPCO and CWG, while the Consumer Goods index advanced by 0.57%, reflecting modest gains in NB, CADBURY, PZ and INTBREW.
MARKET ACTIVITY: Market activity was positive, as traded volume and value appreciated by 84.17% and 3.84% to 1.15 billion units and ₦19.23 billion, respectively.
MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio, increased to 2.45x from 1.71 x as 49 stocks appreciated, 20 stocks depreciated, and 59 stocks closed flat.
FIXED INCOME MARKET: The average yield of the Treasury Bill market closed slightly bearish at 18.15%, while the Bond market closed bullish at 16.69%.
OFFICIAL WINDOW: The Naira closed at ₦1,423.17
