The Nigerian Inventory Market hit a serious milestone on January 5, 2026, reaching a market worth of over N100 trillion, following a powerful rally that lifted fairness capital from N99.90 trillion to N101.5 trillion.
Tracked by the All-Share Index (ASI), the market surged 2,725.8 factors, or 1.74%, to shut at 159,218.2, up from 156,730.7, as traders took positions in mid- and large-cap counters.
This sustained momentum brings the ASI inside placing distance of the 160,000-point mark, fueled by constructive sentiment and shares hitting the ten% each day achieve restrict.
The market’s 1.74% each day achieve displays sturdy investor confidence, with the ASI now firmly above 159,000, pushing the year-to-date return to 2.32%.
High gainers included NSLTECH, Champion, Fidson, and others, all reaching the ten% each day achieve restrict.
On the draw back, Juli and Ikeja Motels led the decliners, shedding 9.93% and 9.91%, respectively.
Buying and selling quantity noticed a rise, with Tantalizer and Zenith Bank main in exercise, buying and selling 71.7 million and 53.3 million shares, respectively.
Zenith Bank dominated transaction worth, recording N3.5 billion in trades, adopted by WAPCO with N2.5 billion and Aradel at N1.5 billion.
The session revealed sturdy curiosity throughout large-cap shares.
Among the many SWOOTs (shares value over one trillion naira), Aradel rose 7.18%, Worldwide Breweries gained 6.67%, and Nigerian Breweries went up by 4.28%.
On the FUGAZ checklist, which incorporates key {financial} shares, Accesscorp surged 8.7%, Zenith Bank gained 3.88%, and GTCO and UBA each posted notable will increase of 5.09% and 6.63%, respectively.
This sturdy efficiency signifies that investor optimism stays excessive, with broad-based beneficial properties throughout numerous sectors, notably shopper items, banking, and power.
The market’s continued rally, particularly in heavyweight shares, means that institutional traders are returning after the vacation break, setting the stage for a doubtlessly sturdy begin to 2026.
A breach of the N100 trillion market cap stage is not going to solely present a psychological increase for investor sentiment but additionally sign sustained market energy shifting ahead.
The market’s efficiency follows a constructive finish to 2025, the place key sectors like shopper items, insurance coverage, and industrial items drove beneficial properties.
Within the coming weeks, analysts will monitor dormant shares and underperformers for indicators of renewed curiosity and doable bargain-hunting alternatives.
Market Outlook
The All-Share Index has damaged by 159,000 factors, with a market cap surpassing N100 trillion. If shopping for curiosity stays sustained, notably throughout large- and mid-cap shares, the market might proceed its rally, with the subsequent upside goal set above the 160,000-point mark.
