The Nigerian Change closed the buying and selling week ended Friday, February 6, 2026, on a robust bullish notice as sustained shopping for curiosity throughout key sectors drove broad market appreciation.
The NGX All-Share Index (ASI) superior by 3.84 % week-on-week to shut at 171,727.49 factors, up from 165,370.40 factors recorded on the earlier week’s shut.
Consequently, complete market capitalisation rose to ₦110.235 trillion amid renewed investor confidence and improved market breadth.
Fairness Market Efficiency
Traders traded a complete of three.860 billion shares valued at ₦128.581 billion in 240,463 offers throughout the week, representing a big enhance in contrast with 3.087 billion shares value ₦81.505 billion exchanged in 222,185 offers within the previous week.
The Monetary Companies sector dominated buying and selling exercise, accounting for two.188 billion shares valued at ₦50.459 billion throughout 94,005 offers. This translated to 56.68 % of complete market quantity and 39.24 % of complete fairness worth for the week.
The Companies sector adopted with 466.77 million shares value ₦4.495 billion traded in 18,526 offers, whereas the ICT sector ranked third with 377.80 million shares valued at ₦9.049 billion in 25,653 offers.
Buying and selling in Chams Holding Firm Plc, Entry Holdings Plc, and Common Insurance coverage Plc accounted for a mixed 664.94 million shares valued at ₦6.801 billion in 15,161 offers, contributing 17.23 % of complete market quantity and 5.29 % of complete worth.
Every day Fairness Turnover Overview
Over the 5 buying and selling classes:
Monday, February 2: 762.73 million shares value ₦18.40 billion
Tuesday, February 3: 736.14 million shares value ₦24.37 billion
Wednesday, February 4: 694.76 million shares value ₦20.54 billion
Thursday, February 5: 712.94 million shares value ₦22.23 billion
Friday, February 6: 953.71 million shares value ₦43.04 billion
Market breadth remained optimistic all through the week, with advancing shares persistently outpacing decliners.
Sectoral and Index Efficiency
All main indices closed increased besides the NGX Insurance coverage Index, which declined by 2.33 %.
Notable weekly index performances embrace:
NGX Premium Index: +6.80%
NGX Oil & Fuel Index: +10.88%
NGX Pension Index: +5.26%
NGX Industrial Items Index: +4.36%
NGX Banking Index: +3.57%
NGX Shopper Items Index: +1.01%
12 months-to-date returns remained sturdy, with the NGX Progress Index posting a achieve of 57.67 %, whereas the NGX Oil & Fuel Index recorded a 26.18 % YtD enhance.
Market Breadth
Throughout the week:
This represents an enchancment in comparison with the earlier week, highlighting stronger bullish participation.
High Worth Gainers
Main the gainers’ chart had been:
RT Briscoe Plc: +60.69%
Zichis Agro Allied Industries Plc: +60.38%
Abbey Mortgage Bank Plc: +59.04%
Union Dicon Salt Plc: +49.14%
Austin Laz & Firm Plc: +38.46%
DAAR Communications Plc: +34.75%
The Initiates Plc: +30.10%
Fortis World Insurance coverage Plc: +30.00%
LivingTrust Mortgage Bank Plc: +26.91%
Julius Berger Nigeria Plc: +26.81%
High Worth Decliners
On the draw back:
Deap Capital Administration & Belief Plc: −27.37%
UH Actual Property Funding Belief: −26.99%
Pink Star Specific Plc: −17.55%
UPDC REIT: −12.29%
Cornerstone Insurance coverage Plc: −12.24%
Omatek Ventures Plc: −12.00%
Sunu Assurances Nigeria Plc: −11.89%
AXA Mansard Insurance coverage Plc: −10.01%
Chams Holding Firm Plc: −8.20%
Lasaco Assurance Plc: −7.76%
Change-Traded Merchandise (ETPs)
A complete of two.421 million items valued at ₦438.47 million had been traded in 3,084 offers, in contrast with 2.620 million items value ₦784.23 million within the earlier week.
Essentially the most lively ETPs included VETGRIF30, STANBICETF30, VSPBONDETF, and SIAMLETF40.
Bond Market Exercise
The bond market recorded a pointy enhance in exercise as 449,548 items valued at ₦476.43 million had been traded in 58 offers, up from 91,005 items valued at ₦90.69 million in 42 offers the earlier week.
Buying and selling was dominated by FGSUK2032S7, which accounted for ₦294.57 million in turnover.
Market Developments
Throughout the week, Nigerian Change (NGX) Restricted listed the ₦300 billion 7-year 19.75% FGN Roads Ijarah Sukuk due 2032, additional deepening the home fastened revenue market.
Moreover, buying and selling suspension on Fortis World Insurance coverage Plc was lifted following the submission of excellent monetary statements, whereas FGN Financial savings Bonds for December 2025 had been formally listed on February 5, 2026.
Outlook
The sturdy weekly efficiency, increasing market breadth, and rising turnover counsel sustained investor urge for food for equities amid sector rotation and earnings positioning. Market path within the close to time period is predicted to stay optimistic, supported by liquidity inflows and renewed curiosity in each equities and glued revenue devices.
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