NGX gains N924bn in one week as market capitalisation hits N127trn

The Nigerian Exchange Group (NGX) All-Share Index and market capitalisation rose 0.73 per cent to close the week at 198,407.30 and N127.361 trillion.

This marks an increase from the previous week’s 196,968.15 and N126.437 trillion, respectively, as investors gained N924 billion in market value on the Exchange during the week.

All other indices finished lower except NGX Main Board, NGX 30, Consumer Goods, Oil and Gas, Industrial Goods, Sovereign Bond, and Pension Broad.

They appreciated by 1.99 per cent, 0.80 per cent, 0.63 per cent, 1.50 per cent, 5.73 per cent, 0.02 per cent, and 0.58 per cent, respectively.

Investors traded 3.321 billion shares valued at N164.845 billion in 318,907 deals on the Exchange during the week.

This contrasts with 3.695 billion shares worth N177.687 billion traded last week in 370,980 deals.

The Financial Services Industry led the activity chart with 2.179 billion shares valued at N59.809 billion in 124,992 deals.

This accounted for 65.61 per cent of total equity volume and 36.28 per cent of the total value traded.

The Oil and Gas Industry followed with 207.690 million shares worth N27.606 billion in 32,820 deals.

The Consumer Goods Industry ranked third with 189.633 million shares valued at N11.852 billion in 34,288 deals.

Guinness, UPL top gainers’ chart as stock market records N962bn gain

Trading in Access Holdings Plc, Fortis Global Insurance Plc, and First Holdco Plc dominated activity.

The three equities recorded 677.312 million shares worth N14.561 billion in 17,346 deals.

This contributed 20.39 per cent to total equity volume and 8.83 per cent to total value traded.

34 equities appreciated in price during the week, lower than 44 recorded the previous week.

61 equities declined, higher than 58 the previous week, while 53 equities remained unchanged, up from 46 earlier.

Top gainers included Premier Paints Plc, Conoil Plc, BUA Cement Plc, Fidson Healthcare Plc, and Omatek Ventures Plc, gaining N4.80, N35.40, N45, N16.85, and 40 kobo, respectively.

The top losers were SCOA Nigeria Plc, Fortis Global Insurance Plc, Sovereign Trust Insurance Plc, Aluminium Extrusion Industries Plc and LivingTrust Mortgage Bank Plc.

They shed N11.70, 31 kobo, 55 kobo, N2.90, and N1.02, respectively.

The NGX also notified trading licence holders about the rights issue of Linkage Assurance Plc. It involves 12.3 billion ordinary shares of 50 kobo each at N1.32 per share.

The offer is on the basis of two new shares for every three held as of January 22, 2026. Trading in the rights issue opened on Wednesday.

The Star