Nigerian Stock Market Trades N17.3 Billion as Investors Record N3 Billion Weekly Gain

Investors on the Nigerian Exchange Limited (NGX) exchanged 601.65 million shares valued at N17.3 billion in 58,429 transactions on Monday, January 26, 2026. This activity marked an 18% drop in trading volume and a 9% decrease in value compared to the previous session, although the number of deals rose by 33%, signaling increased participation despite lower overall trading.

Chams Plc led the market in share volume, with 41.57 million shares, representing nearly 7% of total trades. Meanwhile, Guaranty Trust Holding Company recorded the highest value traded at N3.11 billion, accounting for 18% of the market’s total value for the day. These movements highlight key investor preferences amid a moderately active trading day.

The market opened the week on a positive note, posting a N3 billion gain. Strong performances in stocks such as NPF Microfinance Bank, Morison, Union Homes Real Estate Investment, Deap Capital Management, and Zichis Agro Allied Industries helped the All-Share Index rise by 5.38 points to 165,517.56, pushing the overall market capitalization slightly higher from N105.959 trillion to N105.962 trillion.

Despite these gains, the market breadth ended slightly negative, with 36 losers and 35 gainers. Leading decliners included May & Baker (-10%), Neimeth International Pharmaceuticals (-9.81%), and ABC Transport (-9.33%), reflecting selective pressure on certain sectors. Other notable laggards were Computer Warehouse Group (-9.05%) and Sovereign Trust Insurance (-8.97%).

On the positive side, NPF Microfinance Bank topped the gainers with a 10% jump to N5.61, followed closely by Morison (+9.97%), Union Homes (+9.95%), Deap Capital Management (+9.94%), and Zichis Agro Allied Industries (+9.92%). The mixed market signals underscore cautious optimism among investors as they balance high-performing stocks against declining sectors.

source: punch