The Nigerian All-Share Index (ASI) fell by 714.7 factors to 166,057.3 on 15 January 2026, ending a nine-day profitable streak, even with beneficial properties in shares equivalent to Nestle.
Regardless of the decline, buying and selling exercise surged, with quantity rising to 1.03 billion shares from 761.9 million within the earlier session.
Nonetheless, market capitalization mirrored the slide, slipping to N106.3 trillion throughout 51,227 offers, down from N106.7 trillion recorded within the prior session.
General, the session highlights a brief pause in bullish momentum, at the same time as investor participation remained excessive.
What the info is saying
The ASI’s 0.43% decline introduced the year-to-date efficiency to six.71%, signaling some profit-taking throughout choose counters.
Prime gainers included Nestle and NCR (Nigeria), which rose 10.00% and 9.97%, respectively, whereas McNichols and Caverton led the losers, falling 9.99% and 9.47%.
- On the amount facet, Sovereign Belief Insurance coverage noticed the best exercise with 245.1 million shares traded, adopted by Entry Holdings with 78.4 million and Zenith Bank with 72.4 million.
- Jaiz Bank and Lasaco accomplished the highest 5, exchanging 53.7 million and 53.4 million shares, respectively.
By transaction worth, ZenithBank topped the session at N5 billion, adopted by Geregu at N4.1 billion, Nestle at N2.3 billion, GTCO at N2 billion, and Entry Holdings at N1.8 billion.
Prime 5 Gainers
- NESTLE— Up 10.00% to N2,153.80
- NCR — Up 9.97% to N116.90
- JAIZBANK— Up 9.92% to N8.20
- MORISON— Up 9.90% to N5.66
- MECURE— Up 9.84% to N97.70
Prime 5 Losers
- MCNICHOLS— Down 9.99% to N6.58
- CAVERTON— Down9.47% to N7.65
- IKEJAHOTEL— Down9.43% to N35.05
- FTNCOCOA— Down9.38% to N7.05
- NEIMETH— Down8.91% to N9.20
SWOOTs and FUGAZ
Shares value over one trillion naira (SWOOTs) maintained a bearish tone throughout the session, with Aradel down 5.11%, Nigerian Breweries falling 2.33%, and Worldwide Breweries slipping 0.67%.
Among the many FUGAZ banking shares, UBA misplaced 0.44%, GTCO declined 0.10%, and Entry Holdings shed 0.65%. Zenith Bank closed flat.
On the optimistic facet, First Holdco bucked the pattern, gaining 4%.
Why it issues
The market’s blended efficiency highlights a pause within the current bullish momentum.
Whereas large-cap SWOOTs and key FUGAZ banking shares skilled profit-taking, selective beneficial properties like First Holdco present that investor confidence stays in sure counters.
This session displays a market rotation, the place merchants stability danger and alternative at the same time as total exercise stays sturdy.
Market outlook
The All-Share Index ended its nine-day profitable streak, holding simply above the 166,000 mark.
If promoting strain continues, the market might expertise a short-term retracement, probably creating shopping for alternatives for traders.
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