FRI JAN 23 2026-theGBJournal| Nigerian equities markets finished Friday’s session and the week in negative territory as investors digest latest earnings results.
The NGX All-Share Index ended the week 0.37% w/w lower to settle at 165,512.18 points.
Similarly, all other indices finished lower with the exception of NGX Oil & Gas, NGX Lotus ll, NGX Growth and NGX Commodity indices which appreciated by 1.36%, 0.37%, 6.27% and 0.79% respectively.
Weekly gains in ARADEL (+3.71% w/w), ZENITHBANK (+1.65% w/w), and STANBIC (+0.93% w/w) were insufficient to offset losses in GTCO (-0.45% w/w), ACCESSCORP (-1.54% w/w), and UBA (-2.88% w/w), which weighed on overall market performance.
Consequently, the year-to-date return moderated to 6.36% from 7.02% in the prior week, while market capitalisation shed N395.15 billion w/w to close at N105.96 trillion.
In today’s session, the NGX edged up by 0.07%, supported by buying interest in UHOMREIT (+9.94%), WAPCO (+4.00%), and BERGER (+7.09%), which more than offset selloffs in EUNISELL (-5.84%), ETERNA (-8.23%), and NEIMETH (-9.86%). As a result, market capitalisation advanced by N73.5bn, keeping the market in positive territory.
Trading activity weakened, with turnover declining relative to the previous session as transaction value fell by 10.11%. A total of 731.67 millio shares valued at N19.05 billion were traded across 44,005 deals.
CHAMS (+4.51%) led the volume chart with 76.86m units exchanged, while SEPLAT (+0.00%) topped the value chart with trades worth N1.79 billon.
Market breadth closed negative at 0.79x, as decliners outpaced advancers. MORISON (+9.94%) led thirty gainers on the leaderboard, while NEIMETH (-9.86%) topped thirty-eight laggards on the downside.
Meanwhile, The NASD market extended its bearish run for the fifth consecutive session, with both the NASD Securities Index and market capitalisation declining by 0.81% to close at 3,639.10 points and N2.18 trillion, respectively.
This performance translated into a 0.81% w/w contraction.
Market activity strengthened markedly, as transaction volume and value surged by 255.68% and 122.04%, respectively, reflecting improved trading interest despite the market’s negative close.
On the performance board, SDUBNPROP (+4.78%) topped the gainers’ table, while SDMASSTCOM (-10.00%) led the decliners for the session.
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