…The NASD OTC Market similarly opened the week on a positive note, with NASD Security Index (NSI) and market capitalisation gained 0.60%, settling at 3,575.33 points and N2.14trn, respectively
MON JAN 05 2026-theGBJournal| The Nigerian equities market began the first full trading week of 2026 on a very strong note as the NGX market capitalization closed at N101.81 trillion on today from 99.94 trillion on January 2, driven by renewed investor demand and broad-based gains across listed stocks.
The NGX Group leadership said the equities market capitalization crossing N100 trillion mark is a defining milestone for Nigeria’s capital market and closer signal of renewed investors confidence as the begins,”
Buying interest in ARADEL (+7.2%), BUACEMENT (+2.5%), GTCO (+5.1%), and UBA (+6.6%) drove the All-Share Index up by 1.74% to 159,215.48 points, lifting both the Month-to-Date and Year-to-Date returns settled at +2.3%.
The total volume traded increased by 58.1% to 695.65 billion units, valued at N18.57 billion, and exchanged in 56,632 deals.
TANTALIZER was the most traded stock by volume at 71.75 million units, while ZENITHBANK was the most traded stock by value at NGN3.51 billion.
Analysing by sectors, the Insurance (+5.0%), Banking (+4.7%), Oil & Gas (+3.8%), Consumer Goods (+2.1%) and Industrial Goods (+1.0%) indices advanced.
As measured by market breadth, market sentiment was positive (10.1x), as 71 tickers gained, while 8 tickers lost, signaling widespread participation in the rally.
CADBURY (+10.0%) and CHAMPION (+10.0%) led the gainers, while JULI (-9.9%) and IKEJAHOTEL (-9.19) recorded the most significant losses of the day.
Commenting on the milestone, Temi Popoola, Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, said the achievement reflects growing confidence in the Nigerian capital market.
“The equities market capitalisation crossing the ₦100 trillion mark is a defining milestone for Nigeria’s capital market and a clear signal of renewed investor confidence as the year begins,” Popoola said.
“It reflects the market’s growing depth, resilience, and ability to respond positively to improving macroeconomic conditions and structural reforms.”
He added that sustained collaboration between market stakeholders and regulators has played a key role in strengthening market credibility. “Over the past two years, closer alignment between market operators, policymakers, and the Securities and Exchange Commission (SEC) has enhanced transparency, liquidity, and investor protection, reinforcing the Exchange’s role in mobilising long-term capital for economic growth,” he said.
Providing further insight into market activity, Jude Chiemeka, Chief Executive Officer, Nigerian Exchange Limited, noted that the rally was supported by improving participation and selective demand across key sectors.
“The breadth of the market tells a positive story,” Chiemeka said. “We are seeing strong participation across banking, industrial, and consumer stocks, alongside rising trading volumes, which suggests growing investor confidence and a more active market at the start of the year.”
Trading activity was mixed during the session. Total volume traded rose by 58.13% to 695.64 million shares, while the value of transactions declined by 25.57% to N18.57 billion across 56,606 deals. Year-to-date equities turnover increased to N43.52 billion.
To open the week, Zenith Bank led trading by value at N3.51 billion, followed by WAPCO with N2.56 billion and Aradel Holdings at N1.57 billion, while Access Holdings and GTCO also featured among the most actively traded stocks.
Meanwhile, the NASD OTC Market similarly opened the week on a positive note, with NASD Security Index (NSI) and market capitalisation gained 0.60%, settling at 3,575.33 points and N2.14trn, respectively.
Market activity was notably down, with volume and value declining by 94.68% and 68.23%, respectively.
SDCSCSPLC (+1.03%) led the market advancers with no decliners recorded in today’s session.
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