The Nigerian Inventory Market hit a serious milestone on January 5, 2026, reaching a market worth of over N100 trillion for the primary time ever!!
This follows 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 hanging distance of the 160,000-point mark, fueled by constructive sentiment and shares hitting the ten% every day achieve restrict.
The market’s 1.74% every day achieve displays sturdy investor confidence, with the ASX 200 now firmly above 6,000, pushing the year-to-date return to 2.32%.
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 price over one trillion naira), Aradel rose 7.18%, Worldwide Breweries gained 6.67%, and Nigerian Breweries rose by 4.28%.
On the FUGAZ record, 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.
High 5 gainers included:
NSLTECH: Up 10% to N0.88
CHAMPION: Up 10% to N15.40
FIDSON: Up 10% to N60.50
MAYBAKER: Up 10% to N20.90
PZ: Up 10% to N49.50
High 5 losers:
JULI: Down 9.93% to N7.26
IKEJAHOTEL: Down 9.91% to N40.45
SUNUASSUR: Down 4.55% to N5.25
SOVRENINS: Down 2.36% to N3.72
BERGER: Down 2.08% to N47.00
This sturdy efficiency signifies that investor optimism stays excessive, with broad-based features throughout numerous sectors, significantly client items, banking, and vitality.
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 won’t solely present a psychological increase for investor sentiment but additionally sign sustained market power shifting ahead.
The market’s efficiency follows a constructive finish to 2025, the place key sectors like client items, insurance coverage, and industrial items drove features.
Within the coming weeks, analysts will monitor dormant shares and underperformers for indicators of renewed curiosity and potential 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, significantly throughout large- and mid-cap shares, the market may proceed its rally, with the following upside goal set above the 160,000-point mark.
