Categories: Business

Stock market extends bullish run as investors gain N1.8trn

The Nigerian stock market sustained its positive performance on Tuesday, February 10, 2026, adding N1.838 trillion to investors’ portfolios as renewed buying interest pushed key indices higher.

The positive performance was due to investors continued interest in stocks such as Etranzact, John Holt, Deap Capital Management, Omatek, Vitafoam, and 61 other equities.

The market capitalisation rose from N111.658 trillion to N113.496 trillion at the close of trading on Tuesday, an increase of 1.65 per cent or N1.838 trillion.

The All-Share Index also surged from 173,946.22 to 176,809.43, gaining 1.65 per cent or 2,863.21 points.

This brings the year-to-date (YTD) return to 13.62 per cent, while the market breadth closed positive, recording 66 gainers against 22 losers.

Etranzact, John Holt, Deap Capital Management, and Omatek Ventures led the gainers’ chart by 10 per cent each, settling at N20.35, N8.80, N8.25, and N3.19 per share, respectively.

Vitafoam soared by 9.98 per cent, finishing at N105.80 per share

Conversely, Abbey Mortgage Bank led the losers’ chart by 9.82 per cent, ending the session at N12 40, Skyway Aviation Handling Company trailed by 9.06 per cent, finishing at N150, while Guinea Insurance fell by 6.67 per cent, closing at N1.54 per share.

Naira trades N1,351/$ at official market

Consolidated Hallmark Holdings dropped by 6.64 per cent, settling at N4.50, and Livestock Feeds dipped 6.34 per cent, closing at N6.65 per share.

1.3 billion shares valued at N50.4 billion were exchanged in 58,965 transactions, against 775.18 million shares worth N27.9 billion that was traded across 65,960 deals on Monday.

This translates to a 35 per cent increase in volume, 75 per cent growth in value, but 11 per cent decline in deals.

Deap Capital Management recorded the highest volume with 283.12 million shares traded, accounting for 21.73 per cent of the day’s total volume.

MTN Nigeria recorded the highest value traded at N6.80 billion, accounting for 13.49 per cent of the total value traded for the day.

The Star

Segun Ojo

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