…The NASD OTC Market also opened the year on a positive note, with the NASD Security Index (NSI) and market capitalisation rising by 0.29% and 0.28%
SAT JAN 03 2026-theGBJournal| The NGX Exchange closed higher on Friday, the first trading day of 202, as gains in Banking, Insurance, Oil & Gas, and Consumer Goods names kept the index in green.
The benchmark All-Share Index closed up by 1.92% w/w, to 156,492.36 points. Market capitalisation also closed the week higher, appreciating by N2.05 trillion w/w (2.09% w/w) to N99.938 trillion.
All other indices finished higher as the Month-to-Date and Year-to-Date returns both settled at +0.6%.
Sectoral performance was broadly positive as the Banking (+2.3%), Insurance (+2.1%), Oil & Gas (+1.4%), and Consumer Goods (+0.2%) indices advanced while the Industrial Goods index closed flat.
The total volume traded declined by 64.2% to 439.95 million units, valued at N24.97 billion, and exchanged in 40,245 deals.
CHAMS was the most traded stock by volume at 120.30 million units, while ARADEL was the most traded stock by value at N10.74 billion.
As measured by market breadth, market sentiment was positive (5.2x), as 52 tickers gained relative to 10 losers.
ABCTRANS (+10.0%) and MBENEFIT (+10.0%) recorded the most significant gains of the day, while ABBEYBDS (-6.3%) and FCMB (-4.6%) led the losers.
Trading in the top three equities, namely Cornerstone Insurance Plc, Cham Holding Company Plc and Access Holdings Plc (measured by volume), accounted for 5.317 billion shares worth N37.361 billion in 10,441 deals, contributing 67.97% and 27.78% to the total equity turnover volume and value respectively.
Overall, Seventy-three equities rose in price during the week, higher than forty-four equities in the previous week. Twenty-three equities depreciated in price, lower than thirty equities in the previous week, while fifty-one (51) equities remained unchanged, lower than seventy-three recorded in the previous week.
Meanwhile, the NASD OTC Market also opened the year on a positive note, with the NASD Security Index (NSI) and market capitalisation rising by 0.29% and 0.28%, closing at 3,553.84 points and N2.13 trillion, respectively.
Consequently, this resulted in a week-to-date return of 0.37%, respectively.
Market activity was notably lower, with volume and value of transactions down by 99.74% and 99.61%, respectively.
SDCSCSPLC (+1.77%) led the gainers, and no decliners were recorded in today’s session.
X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com
