The Nigerian All-Share Index (ASI) jumped 2,592.6 factors on Tuesday, January 13, 2026, crossing the 165,000-mark as large-cap MTN hit the ten% every day restrict.
Beginning the day at 163,244.7, the index superior by 1.59% to settle at 165,837.3, supported by a market quantity of 1.13 billion shares.
Market capitalization tracked the upbeat efficiency, rising to N106.1 trillion throughout 49,216 offers, up from N104.5 trillion recorded within the earlier session.
What the information is saying
Tuesday’s 1.59% rally within the All-Share Index pushed the market’s year-to-date return for 2026 increased to six.57%, reinforcing the continued bullish tone.
Main the gainers’ chart have been DEAP Capital, Caverton, eTranzact, PZ, and MTN, every posting the utmost every day achieve of 10%.
Losses have been comparatively delicate, with Common Insurance coverage and Status Insurance coverage recording the steepest declines, down 6.25% and 5.81%, respectively.
- Buying and selling exercise was most pronounced in Sovereign Belief Insurance coverage, which dominated volumes with 343.5 million shares exchanged.
- Entry Holdings adopted with 86.2 million shares, whereas eTranzact recorded 61.1 million shares.
- Linkage Assurance and Chams rounded out the highest 5 by quantity, buying and selling 49.9 million and 35.3 million shares, respectively.
In worth phrases, MTN Nigeria led the market with trades value N10.8 billion. Seplat adopted at N2.1 billion, whereas Entry Holdings, GTCO, and Zenith Bank recorded transaction values of N1.98 billion, N1.93 billion, and N1.6 billion, respectively.
Prime 5 gainers
- DEACAP — Up 10.00% to N3.63
- CAVERTON — Up 10.00% to N7.70
- ETRANZACT — Up 10.00% to N18.15
- PZ — Up 10.00% to N58.30
- MTNN — Up 10.00% to N605.00
Prime 5 losers
- UNIVINSURE — Down 6.25% to N1.20
- PRESTIGE — Down 5.81% to N1.62
- REGALINS — Down 5.17% to N1.10
- ACADEMY — Down 5.06% to N7.50
- ROYALEX — Down 3.98% to N1.93
SWOOTs and FUGAZ
Massive-cap shares valued at over one trillion naira (SWOOTs) delivered a largely optimistic outing through the session.
- MTN Nigeria led the pack with a robust 10% achieve, whereas Nigerian Breweries elevated by 3.67%.
- Worldwide Breweries edged up 0.67%, Lafarge Africa added 0.63%, and Stanbic IBTC posted a modest 0.09% improve.
Inside the FUGAZ banking names, sentiment was largely upbeat.
- UBA superior by 4.43%, First HoldCo rose 2.06%, Zenith Bank gained 1.49%, and GTCO closed barely increased with a 0.05% uptick.
On the draw back, Entry Holdings was the lone laggard among the many group, slipping by 0.22%.
Why this issues
The market’s transfer above the 165,000 stage displays strengthening investor confidence in the beginning of 2026, with shopping for curiosity extending past mid-cap counters.
Broad-based good points throughout SWOOTs and main banking shares sign renewed urge for food for essentially sturdy, large-cap equities, suggesting the rally is being pushed by depth and stability quite than short-term momentum alone.
Market outlook
Continued participation from buyers may see the rally achieve additional traction, however stretched worth ranges recommend the market could pause or right barely as profit-taking units in.
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