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NGX All-Share rally to new high, Month-to-Date and Year-to-Date returns settles higher, naira pulls back gains

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…NASD Security Index (NSI) and market capitalisation gained 1.08%, settling at 3,613.96 points and N2.16 trillion

WED JAN 07 2026-theGBJournal| Nigerian stocks rose on Tuesday with the benchmark index climbing to new high amid sustained investors interest and strong buying interest in select stocks.

Gains in ELLALAKES (+9.90%), DANGCEM (+4.3%), MBENEFIT (+9.87%), STANBIC (+9.0%), PRESCO (+6.2%) FTNCOCOA (+9.92%), JAIZBANK (+10.00%) and WAPCO (+4.1%) drove the All-Share index higher by 0.5% to 159,951.08 points.

Thus, the Month-to-Date and Year-to-Date returns settled higher at +2.8%, while market capitalization rose by N468 billion to N102.27 trillion from previous N101.81 trillion (on January 5).

The total volume traded advanced by 9.1% to 758.98 million units, valued at N19.87 billion, and exchanged in 54,212 deals.

LINKASSURE was the most traded stock by volume at 51.63 million units while GTCO was the most traded stock by value at N2.04 billion.

On sectors, performance was mixed as the Insurance (+3.8%) and Industrial Goods (+2.7%) indices advanced, while the Oil & Gas (-2.6%), Consumer Goods (-0.5%) and Banking (-0.1%) indices declined.

As measured by market breadth, market sentiment was positive (3.2x), as 60 tickers gained relative to 24 losers. JAIZBANK (+10.0%) and MEYER (+10.0%) led the gainers, while ALEX (-10.0%) and LEARNAFRCA (-9.2%) led the laggards.

The NASD OTC Market similarly continued the week on a positive note, with NASD Security Index (NSI) and market capitalisation gained 1.08%, settling at 3,613.96 points and N2.16 trillion, respectively.

Market activity was notably up, with volume and value advancing by 594.95% and 525.02%, respectively.

SDFCWAMCO (+9.09%) led the market advancers, and SDGEFLUID (-2.36%) decliners recorded in today’s session.

At the FX market, the official FX rate depreciated by 4bps to N1,429.85/US$1.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

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