Stock market capitalisation hits N122trn as investors gain N5.1trn

The Nigerian stock market started the week on a positive note as market capitalisation increased by N5.1 trillion, representing a 4.36 per cent gain on Monday, February 16, 2026.

The performance was driven by increased interest in high capitalised equities such as ABC Transport, Beta Glass, Ikeja Hotel, Mc Nicholas, Oando, and 52 other equities.

The market capitalisation which increased to N122.129 trillion at the opening, closed at N117.027 trillion.

The All-Share Index (ASI) also increased by 7,953.36 points or 4.36 per cent, closing at 190,266.44, compared to 182,313.08 recorded on Friday, while the market breadth closed positive with 57 gainers and 27 losers.

Beta Glass, Oando, Ikeja Hotel, Mc Nicholas, and ABC Transport led the gainers’ chart by 10 per cent each, finishing at N453.20, N44, N41.80, N8.47, and N8.25 per share, respectively.

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Conversely, RT Briscoe led losers’ chart by 9.99 per cent, settling at N15.68, Deap Capital trailed by 9.91 per cent, closing at N7.64, while Caverton Offshore Support Group shed by 9.62 per cent, ending the session at N7.05 per share.

Guinea Insurance dipped by 9.27 per cent, finishing at N1.37, and Tantalizer dropped by 8.11 per cent, closing at N5.10 per share.

Analysis of the market revealed an overall increase in the market volume, value and deals.

1.1 billion shares worth N64 billion were exchanged across 64,821 transactions, compared to 936.4 million shares valued at N52.7 billion that was traded in 50,068 deals.

Access Corporation recorded the highest volume of 86.7 million traded shares.

The Star