Nigerian Equities Market Closes First Week Of 2026 On A High Note

The Nigerian equities market has concluded its first trading week of 2026 on a positive note, with the All-Share Index surging 3.71% to close at 162,298.08 points.

This impressive performance marks five consecutive sessions of gains, driven by sustained buying interest in key counters.

Top Performers:

– MTNN: +7.63%

– Dangcem: +4.27%

– Seplat: +10.00%

– WAPCO: +11.52%

– GTCO: +7.48%

– Presco: +12.76%

– BUA Cement: +2.52%

 

Laggards:

– FirstHoldco: -5.53%

– Conoil: -9.72%

– Accesscorp: -1.52%

– Ikeja Hote: -10.91%

– UPDC: -6.54%

– FCMB: -2.17%

– Sovereign: -11.29%

Market turnover for the week stood at ₦100.4 billion (~$69.99 million), with trading activity concentrated in GTCO, Zenith Bank, Accesscorp, Aradel, and Unilever.

Analysts expect the market to maintain a similar tone in the coming week, driven by sustained investor interest.

 

 

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