The Nigerian All-Share Index wrapped up the week ended 9 January 2026 in constructive territory, climbing 5,805.72 factors to shut at 162,298.08.
This marks a 3.71% acquire from its opening degree of 156,492.36, representing the best ascent ever recorded, with the month-to-date displaying a return of 4.30%.
The sturdy consequence got here regardless of softer buying and selling exercise, as weekly quantity declined to 4.1 billion shares throughout 248,254 offers, in contrast with 7.8 billion shares within the earlier week.
What the info is saying
Each day periods closed within the inexperienced all through the week, with Monday main at +1.74%, whereas Thursday marked the second the index crossed the 160,000 mark and retained the momentum to finish the week above 162,000.
The NGX Premium Index led the cost with a 5.38% acquire, pushed by sturdy performances from Lafarge (+11.52%), Seplat (+10%), MTN Nigeria (+7.63%), Dangote Cement (+4.27%), Zenith Bank (+3.88%), and UBA (+2.33%).
The NGX 30 and NGX Predominant Board additionally gained 3.38% and a couple of.67%, respectively.
Sectoral efficiency
Sector indices recorded constructive performances throughout the board.
- NGX Insurance coverage Index surged 6.82%, pushed by broad-based beneficial properties.
- NGX Industrial Items Index jumped 4.74%, largely supported by Lafarge (+11.52%), Dangote Cement (+4.27%), and BUA Cement (+2.52%).
- NGX Oil & Gasoline Index rose 4.70%, with notable beneficial properties from Eterna (+22.81%), Seplat (+10.00%), Aradel (+0.51%), and Japaul Gold (+2.88%).
- NGX Banking Index superior 3.07%, whereas NGX Client Items Index added 2.76%.
High gainers
The highest-performing shares for the week had been:
- Multiverse Mining and Exploration Plc: up 59.73% to N23.40
- McNichols Plc: up 53.20% to N5.50
- Could & Baker Nigeria Plc: up 51.58% to N28.80
- Deap Capital Administration & Belief Plc: up 43.54% to N3.00
- Neimeth Worldwide Pharmaceutical Plc: up 43.22% to N8.45
- Eunisell Interlinked Plc: up 34.76% to N169.80
- Fidson Healthcare Plc: up 32.91% to N73.10
- E-Transact Worldwide Plc: up 32.16% to N15.00
- SCOA Nigeria Plc: up 31.69% to N9.35
- UPDC Actual Property Funding Belief: up 31.16% to N9.05
High losers
The week’s prime decliners had been:
- Aluminum Extrusion Industries Plc: down 19.75% to N19.10
- Austinlaz & Firm Plc: down 11.56% to N4.13
- Sovereign Belief Insurance coverage Plc: down 11.29% to N3.38
- Ikeja Resort Plc: down 10.91% to N40.00
- Juli Plc: down 9.93% to N7.26
- Conoil Plc: down 9.72% to N169.00
- Study Africa Plc: down 9.16% to N5.95
- Sunu Assurances Nigeria Plc: down 8.18% to N5.05
- UPDC Plc: down 6.54% to N5.00
- First HoldCo Plc: down 5.53% to N46.10
Company actions overview
The week additionally noticed notable company disclosures and developments:
- Worldwide Vitality Insurance coverage shareholders authorized a N17.15 billion capital increase.
- Premier Paints filed its Q3 2025 financials.
- Seplat introduced new joint UK brokers.
- Champion Breweries launched a N42 billion public provide to fund its Bullet Model acquisition.
What this implies
The record-breaking efficiency of the NGX reveals a bullish pattern fuelled by constructive sentiment in mid-cap and large-cap shares.
Nevertheless, the market is approaching overbought ranges, elevating the potential of a near-term pullback. Nonetheless, if particular person inventory rallies persist, the market might proceed its upward run.
Market contributors are carefully watching upcoming earnings experiences and different company occasions for additional course.
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