The Nigerian Exchange (NGX) closed trading on Thursday, January 29, 2026, on a positive note as renewed investor confidence lifted key market indicators, even as overall trading activity slowed. The upbeat close reflected cautious optimism among investors amid broader economic signals.
Data from the exchange showed that total market capitalisation increased by N232 billion, rising from N105.74 trillion on Wednesday to N105.97 trillion, representing a 0.22 per cent gain. In the same vein, the All-Share Index (ASI) advanced by 362.93 points, moving from 165,164.38 to 165,527.31.
Despite the market’s upward movement, trading activity recorded a decline compared with the previous session. A total of 550.4 million shares valued at N14.14 billion were traded in 38,635 deals, reflecting a 12 per cent drop in volume, 14 per cent decline in turnover, and an 8 per cent fall in deals. Overall, 131 equities participated in the session, with 41 gainers outweighing 27 losers.
RT Briscoe led the gainers’ chart, appreciating by 10 per cent to close at N7.15 per share. It was followed by SCOA Nigeria and Deap Capital Management & Trust, both up 9.91 per cent, while Veritas Kapital Assurance gained 9.85 per cent. On the flip side, Haldane McCall topped the losers, shedding 9.84 per cent to close at N3.94, alongside declines in Union Dicon Salt, University Press, and Legend Internet.
In terms of trading volume, Veritas Kapital Assurance dominated activity with 56.6 million shares exchanged, followed by Guaranty Trust Holding, Tantalizers, and Japaul Gold and Ventures. The performance marked a rebound from the previous day, when sustained sell pressure pushed the NGX into negative territory, highlighting the market’s ongoing volatility.
source: punch