…The Naira depreciated by 0.27% to close at ₦1,386.55
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The Nigerian equities market opened the month of February on a quiet note, with the NGX All-Share Index (ASI) recording a marginal increase of 1bp to close at 165,384.63 points. Trading activity was subdued as investors adopted a cautious start to the month.
The market closed slightly bullish due to gains in JBERGER,STANBIC, ARADEL, FCMB, ZENITHBANK and 24 other gainers.
As a result, the year-to-date return moderated to 6.28%, while market capitalization appreciated by 0.01% to ₦106.16 trillion, translating to a ₦9.12 billion gain for inv estors.
Sectoral performance closed largely negative, as four of the five tracked indices ended the session in the red, with only one recording gains. The Insurance index posted the steepest decline, shedding 1.99%, pressured by continued selloffs in MANSARD, GUINEAINS, REGALINS, WAPIC, and AIICO.
Similarly, the Banking, Consumer Goods, and Industrial indices closed lower, weighed down by losses in FIRSTHOLDCO, ETI, FIDELITYBK, ACCESSCORP, GTCO, CHAMPION, HONYFLOUR, CADBURY, INTBREW, CAVERTON, and BETAGLAS. In contrast, the Oil and Gas index edged up by 2.00%, supported by price appreciation in ARADEL.
MARKET ACTIVITY: Market activity was positive as traded volume and traded value appreciated by 10.96% and 22.86% to 762.75 million units and ₦18.41 billion.
MARKET BREADTH: The market breadth, which measures investor sentiment through the Gainers/Losers ratio, decreased to 0.66x from 1.05x as 29 stocks appreciated, 44 stocks depreciated, and 56 stocks closed flat.
FIXED INCOME MARKET: The average yield of both the Treasury Bill and Bond market closed bullish at 18.32% and 16.29%.
OFFICIAL WINDOW: The Naira depreciated by 0.27% to close at ₦1,390.36
