Bears emerged in the domestic bourse as the market opened the week’s trading in the red region today. The NGX All-Share Index shed 4 basis points by the close of the day, reaching 104,518.14 points compared to the previous session’s 104,562.06 points.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The market’s negative performance was driven by investors’ profit taking activities in major stocks such as FirstBank Nigeria Holdings H (-2.11%) Stanbic IBTC (-1.79%), NB (-0.85%), Transnational Corporation (-1.41%) and 13 additional stocks.As a result, the year-to-date return decreased to 39.78%.
Consequently, the overall market capitalization experienced a 0.04% decline, reaching N59.09 trillion, as investors lost N24.83 billion.Market activity for the day was negative as volume and value traded declined by 12.45% and 13.81% to 545.49 million units and N14.61 billion, respectively.We expect the equities market to trade mixed this week.
CURRENCY MARKET:
The Nigerian Naira appreciated by 2.35% against US Dollar in the NAFEM Window, closing at a rate of ₦1,278.58.
