HomeBusinessNigerian Stock Market Dey Shine Like New Month Lapa!

Nigerian Stock Market Dey Shine Like New Month Lapa!

Omo, you go believe say Nigerian stock market don carry plenti sunshine come 2026!

As investors dey rush buy key stocks, dem push market capitalisation go N102.28tn, no be small matter! E no even reach one week wey trading don start for this new year, and already we don see total gain of about N468bn.

For the close of trading on Tuesday, the All-Share Index dey show happy face, with 732.86 points added, making am close for 159,951.08 points. This one na 0.46 per cent increase! E mean say market dey go jolly hard for year 2026.

Numbers no lie, my people! We don see 2.79 per cent increase for year-to-date, just like dat! Investors dey re-position their portfolios, and market activity don set pace well well.

Dem trade 758.93 million shares wey enter Kwik-Kwik 54,199 deals, valued at N19.83bn. Even though number of deals drop small by 4 per cent, turnover still rise by 7 per cent. This one dey show say investors dey participate well, especially for stocks wey dey move fast.

Omo, commot for the gisting matter, when we check gainers side, Meyer Plc dey top the chart with solid 10 per cent gain! E close for N14.30 per share. Jaiz Bank follow with another 10 per cent increase too. If you dey yan about Multiverse Mining, dem don show expertise with 9.94 per cent gain. Na serious matter be dat!

But e no dey all smooth for everybody, o! Aluminium Extrusion Industries dey suffer sharp drop, shedding 9.96 per cent to close for N21.70. Learn Africa and Oando? Dem too no gree smile, falling by 9.16 per cent and 7.69 per cent respectively. Here we dey, just like market life self!

Sah, make we no forget trading volume na Linkage Assurance wey dey lead with 51.6 million shares, followed by Sterling Bank wey carry 49.1 million shares. Access Holdings and Mutual Benefits Assurance dey follow seat flex with 48.7 million and 34.7 million shares respectively.

As fa the heavyweight stocks wey dey do plenty work, MTN, Guaranty Trust, Zenith Bank and United Bank for Africa don make market dey move like no tomorrow! Dem dey account for serious market turnover and bright index movement.

Analysts dey reason say this sustained gain go continue as long as investor confidence dey high, and dem dey calculate the move ahead of corporate earnings wey go soon land. Naija go sharp well for this 2026!

On top global market level, Brent crude oil dey sell for $61.82 per barrel, while gold dey shine at $4,418.82 per ounce. This one dey give us strong reason to look forward to good things.

As we dey step into this 2026, make we keep watch; if nothing shake us for macroeconomics or policy level, na so we go dey ginger this momentum!


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Halimah Adamu
Halimah Adamuhttps://nnn.ng/
Halimah Adamu na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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