…The NASD OTC Market reversed previous losses, with both the NASD Securities Index (NSI) and total market capitalisation increasing by 0.73%
WED JAN 14 2026-theGBJournal| Nigerian shares traded higher on Tuesday, led by large-caps as the benchmark All-Share Index crossed the 165,837.32 points.
Market capitalisation also edged higher, increasing by N1.66 trillion to N106.18 trillion.
Gains in MTNN (+10.0%), UBA (+4.4%), CAVERTON (+10.00%), and DEAPCAP (+10.00%) drove the market direction, offsetting losses recorded in UNIVINSURE (-6.25%), PRESTIGE(-5.81%), and REGALINS (-5.17%)
Consequently, the Month-to-Date and Year-to-Date returns settled higher at +6.6%.
The total volume of trades declined by 1.6% to 1.13 billion units, valued at N33.55 billion, and exchanged in 49,216 deals.
SOVRENINS was the most traded stock by volume at 343.54 million units while MTNN was the most traded stock by value at N10.85 billion.
Sectoral performance was broadly positive as the Banking (+1.3%), Consumer Goods (+0.7%), Oil & Gas (+0.4%) and Industrial Goods (+0.1%) indices advanced, while the Insurance (-0.1%) index declined.
As measured by market breadth, market sentiment was positive (4.2x), as 54 tickers gained relative to 13 losers.
DEAPCAP (+10.0%) and CAVERTON (+10.0%) topped the gainers, while UNIVINSURE (-6.3%) and PRESTIGE (-5.8%) recorded the most significant losses of the day.
The NASD OTC Market reversed previous losses, with both the NASD Securities Index (NSI) and total market capitalisation increasing by 0.73% to close at 3,678.13 points and N2.20tn, respectively.
Market activity was mixed, as trading volume declined by 59.64% while value surged by 84.06%.
On the performance board, SDFOODCPT (+9.20%) led the market advancers, while SDAFRILAND(-10.12%) emerged as the top decliner for the day.
Meanwhile, at the official FX market, the naira lost ground to the dollar, dropping by 0.1% to N1,422.17/US$ as traders take profit after subdued trade in December.
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