Stock market investors gain N9bn

The Nigerian stock market opened the week on a posituve note as investors gained N9 billion on Monday, February 2, 2026.

The upbeat performance was supported by gains in stocks such as Premier Paint, Universal Insurance, Daar Communications, RT Briscoe, Morison, and 25 others.

Market capitalisation, which opened at N106.153 trillion, rose by N9 billion, or 0.01 per cent, to close at N106.162 trillion.

The All-Share Index (ASI) also gained 0.01 per cent, or 14.24 points, to settle at 165,384.64, up from 165,370.40 recorded on Friday.

However, market breadth ended negative, with 44 declined stocks, compared to 30 that advanced.

Omatek led the losers’ chart by10 per cent, closing at N2.70, Union Homes Real Estate Investment trailed by 9.96 per cent, settling at N85.40, while AXA Mansard fell by 9.94 per cent, ending the session at N14.31 per share.

Deap Capital Management dropped by 9.90 per cent, finishing at N8.46, and Cileasing shed by 9.80 per cent, closing at N6.90 per share.

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Conversely, Premier Paint and Universal Insurance led the gainers’ chart by 10 per cent each, ending the session at N11 and N1.32 per share.

Daar Communications rose by 9.93 per cent, finishing at N1.55, RT Briscoe increased by 9.92 per cent, settling at N8.64, while Morison grew by 9.91 per cent, closing at N10.98 per share.

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

Investors traded a total of 762.8 million shares in value of N18.4 billion across 55 374 deals, compared with 687.4 million shares valued at NN14.9 billion exchanged in 41,553 deals posted previously.

Tantaliser recorded the highest volume with 88.49 million shares, accounting for 11.60 per cent of the total volume traded for the day.

Zenith Bank recorded the highest value traded at N2.87 billion, accounting for 15.61 per cent of total value traded for the day.

The Star