…The Naira depreciated by 0.10% to close at ₦1,422.07
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The local bourse recorded modest losses, and closed today’s trading session weaker as the benchmark NGX All-Share Index (ASI) shed 52 basis points to close at 165,397.37 points. The decline reflected broad-based profit-taking activities across major sectors in the market.
The market lost earlier gains as sentiments softened in NEM, WAPCO, NASCON, ETERNA, ACCESSCORP, NB, ZENITHBANK, TRANSCORP, OANDO, DANGSUGAR, UBA and 28 other laggards.
As a result, the year-to-date return moderated to 6.29%, while market capitalization declined by 0.52% to ₦105.89 trillion, translating to a ₦557.11 billion loss in investors’ wealth.
Sectoral performance closed broadly negative, as all five tracked indices ended the session in the red. The Insurance Index recorded the steepest loss, declining by 1.35%, pressured by INTENEGINS, NEM, and LINKASSURE. The Consumer Goods Index also edged lower by 1.31%, due to depreciations in INTBREW, NASCON, NB and DANGSUGAR. In similar fashion, the Banking Index recorded 0.95% loss, amid sustained profit-taking in ACCESSCORP, ZENITHBANK and UBA. While the Industrial Goods and Oil & Gas indices weakened by 0.71% and 0.15%, respectively, as losses in WAPCO, CUTIX, ETERNA and OANDO weighed on overall sectoral performance.
MARKET ACTIVITY: Market activity was also negative, as traded volume and value depreciated by 6.62% and 15.01% to 768.26 million units and ₦21.19 billion.
MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio, decreased to 0.95x from 2.25x as 37 stocks appreciated, 39 stocks depreciated, and 55 stocks closed flat.
FIXED INCOME MARKET: The average yield of the Treasury Bill market closed bullish at 18.55%, while the Bond market closed flat at 16.75%.
OFFICIAL WINDOW: The Naira depreciated by 0.10% to close at ₦1,422.07
