Nigerian Exchange Don Dey Shine as Stocks Rise Well

My people, make I gist you wetin dey happen for Nigerian Exchange wey don blow like breeze! E be like game wey everybody wan play as dem close trading for 7th January 2026 with correct bullish vibe!

As dem waka close, All-Share Index don jump 640.68 points up, like say dem get leg. Na 0.4 percent increase wey push am go settle for 160,591.76. E no be small gains o! Dis one don carry market waka go positive for one week by 3.58 percent and four weeks by 9.22 percent.

Investor dem dey catch cruise as total market capitalisation don reach N102.5 trillion. E don show say investor sabi wetin dem dey do, even as trading no dey consistent sometimes. Sector dem still dey shine well! Oil and Gas Index dey lead the show with 3.88 percent increase, Insurance Index follow with 1.08 percent, while Premium Index don rise 1.18 percent too.

But make I gist you the other side, market breadth no too dey smile. 38 equities don waka go down while 35 don find gain out of 130 stocks wey dey participate. Seplat Petroleum na the big baller for the gainers’ table, garnering 10 percent to close at N6,171. Oyu dey see Okomu Oil Palm, Union Dicon Salt, and NCR Nigeria also join dem as dem collect 10 percent, 10 percent, and 9.97 percent respectively.

For the sad part, e be like say Cadbury Nigeria don vex as dem drop 10 percent go N63.00 per share. Austin Laz & Company dey follow with 9.93 percent fall, Aluminium Extrusion Industries wan pack 9.91 percent loss, while Haldane McCall no gree recover as dem shed 9.85 percent.

Trading activity dey mixed like amala and ewedu, as dem trade 647.04 million shares wey dey worth N20.29 billion for 49,269 deals. Compared to wetin happen before, e don show 15 percent drop for volume but turnover increase by 2 percent while the number of deals don fall by 9 percent. Linkage Assurance na the king for trading volume – dem trade 54.9 million shares, followed by Access Holdings (29.7 million), Ellah Lakes (26.5 million), and Mutual Benefits Assurance (24.5 million).

Overall, market close well, especially as energy and insurance stocks shine bright as investors dey position for di earnings season wey dey come. PUNCH report say Nigerian Exchange dey extend positive vibe as dey closed trading on Tuesday, lifting market capitalisation up by N468 billion. Na wetin dey make investor dey smile and dey hope as dem don bypass N100 trillion mark.