SAT JAN 17 2026-theGBJournal| The Nigerian equities market ended the week on Friday on a positive note, bringing the All-Share index up by 2.36% w/w to close at 166,129.50 points.
All other indices finished higher with the exception of NGX AFR Div Yield index which depreciated by 0.15%
Over the course of the week, strong performances in MTNN (+5.45% w/w), SEPLAT (+8.57% w/w), and FIRSTHOLDCO (+12.80% w/w) drove the market’s positive performance, outweighing losses in GTCO (-0.25% w/w), DANGSUGAR(-2.11% w/w), and IKEJA HOTEL (-12.38% w/w).
Consequently, the year-to-date (YTD) return rose to 6.76% from 4.30% recorded in the prior session, while the market capitalisation gained N2.58 trillion w/w to close at N106.35 trillion.
Friday, the NGX closed 0.04% stronger, buoyed by interests in NCR (+9.97%), EUNISELL (+6.05%), and MAYBAKER (+6.62%), offsetting selloffs in FIDSON (-4.24%), WAPCO (-1.81%) and CADBURY (-1.49%), Keeping the market in the positive terrain.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 47.08%. A total of 539.88 million shares valued at N16.72 billion were exchanged in 48,023 deals.
JAIZBANK (-0.12%) led the volume chart with 41.49 million units traded, while GTCO (+0.05%) led the value chart in deals worth N1.54 billion.
Market breadth closed positive at a 1.46-to-1 ratio with advancing issues outnumbering the declining ones.
REDSTAREX (+10.00%) topped forty (40) others on the leader’s table while LEGENDINT (-7.56%) led twenty-seven (27) others on the laggard’s log.
The NASD market closed today’s session on a bearish note, with the NASD Securities Index (NSI) and market capitalisation declining by 0.03%, to close at 3,668.95 points and N2.20trn respectively.
The market activity declined notably, with transaction volume and value dipping by 47.24% and 72.86% respectively.
SDGFLUID (+5.86%) topped the market gainers while, SDCSCSPLC (-1.25%) was the only the decliner in today’s session.
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