THUR JAN 22 2026-theGBJournal| The Nigerian equities market finished relatively flat on Wednesday, as gains in JAIZBANK (+10.0%), JBERGER (+8.3%), and WAPCO (+0.6%) drove the All-Share Index marginally higher by 1bp to 166,267.60 points.
Sequentially, the Year-to-Date returns settled at +6.9%.
Market capitalisation also declined by N7.85 billion to close at N106.44 trillion.
ETI (-6.0%), CHAMPION (-9.3%), and OANDO (-2.5%) shed weight amid the mixed trade.
The total volume traded increased by 3.4% to 822.74 million units, valued at N24.93 billion, and exchanged in 43,548 deals.
ZICHIS was the most traded stock by volume at 69.22 million units, while STANBIC was the most traded stock by value at N2.78 billion.
Analysing by sectors, the Industrial Goods (+0.1%) index advanced, while the Insurance (-1.0%), Oil and Gas (-0.9%) and Banking (-0.3%) indices declined. The Consumer Goods index closed flat.
As measured by market breadth, market sentiment was positive (2.2x), as 53 tickers gained, while 24 tickers lost. NCR (+10.0%) and RTBRISCOE (+10.0%) led the gainers, while UPDCREIT (-9.7%) and CHAMPION (-9.3%) recorded the most significant losses of the day.
Meanwhile, the NASD market also closed on a bearish note, as both the NASD Securities Index (NSI) and market capitalisation declined by 0.14%, settling at 3,651.13 points and N2.18 trillion, respectively.
Market activity improved during the session, with transaction volume rising by 71.96% and transaction value increasing by 74.51%, indicating stronger trading participation despite the overall market decline.
On the performance board, SDFOODCPT (+8.33%) led the gainers, while SDCSCSPLC (-2.37%) emerged as the top decliner for the day, with other securities closing largely unchanged.
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