Investors gain N3.84trn in one week

Equity investors gained N3.84 trillion in the Nigerian stock market over a five-trading-session period last week. The gains expanded to near N104 trillion in the second trading week in 2026. The Nigerian Exchange (NGX) All-Share Index closed the week at 162,298.08 points, representing a strong week-on-week appreciation of 3.71%, underscoring renewed confidence among market participants. […]

Equity investors gained N3.84 trillion in the Nigerian stock market over a five-trading-session period last week.

The gains expanded to near N104 trillion in the second trading week in 2026.

The Nigerian Exchange (NGX) All-Share Index closed the week at 162,298.08 points, representing a strong week-on-week appreciation of 3.71%, underscoring renewed confidence among market participants.

NGX market capitalisation rose by N3.84 trillion to N103.78 trillion from N99.94 trillion in the preceding week, pushing the year-to-date return higher to 4.43%.

Market sentiment remained moderately positive, as reflected in a market breadth ratio of 3.82x, with 84 advancing stocks significantly outweighing 22 declining counters.

Trading activity showed mixed dynamics during the week: total deals surged by 64.29%, indicating heightened investor participation.

Stockbrokers reported that trading value and volume declined by 47.02% and 30.55%, respectively.

At the close of the trading session, a total of 4.13 billion shares valued at N93.24 billion were exchanged across 162,298 deals, highlighting a market characterized by active but selective positioning.

Sectoral performance broadly mirrored the upbeat market mood. The insurance sector emerged as the top performer, advancing by 6.82% week-on-week, according to Cowry Asset Limited’s market report.

This was followed by gains in the Industrial Goods sector (+4.74%), Oil and Gas (+4.70%), and Commodities (+4.58%). The banking and consumer goods sectors also closed the week higher, posting gains of 3.07% and 2.76%, respectively.

On the stock level, several equities recorded impressive rallies during the week.

 

…N100trn milestone reflects market’s growing sophistication – CIS, ASHON

Meanwhile, the Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses (ASHON) have praised the Nigerian Exchange Ltd.’s recent attainment of N100 trillion market capitalisation.

In a joint statement, the bodies described the milestone as affirming the market’s resilience, depth and growing sophistication.

 

 

 

 

 

The statement was signed by ASHON chairman, Samuel Adenagbe, and CIS president and council chairman, Oluropo Dada. They applauded federal government reforms supporting Nigeria’s expanding capital market.

 

 

 

The bodies congratulated the Board, management and staff of Nigerian Exchange Group and Nigerian Exchange Ltd. on the historic feat.

 

 

 

They commended NGX leadership and the professionalism of its management, led by Dr Umaru Kwairanga, Temi Popoola, Jude Chiemeka and  Femi Sobanjo.

 

 

 

They said the achievement reflected renewed investor confidence, improved efficiency and the market’s capacity to mobilise long-term funds for development.

 

 

 

“This remarkable milestone is a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy,” the statement said.