The Nigerian All-Share Index (ASI) jumped 2,592.6 factors on Tuesday, January 13, 2026, crossing the 165,000-mark as large-cap MTN hit the ten% day by day restrict.
Beginning the day at 163,244.7, the index superior by 1.59% to settle at 165,837.3, supported by a market quantity of 1.13 billion shares.
Market capitalization tracked the upbeat efficiency, rising to N106.1 trillion throughout 49,216 offers, up from N104.5 trillion recorded within the earlier session.
Tuesday’s 1.59% rally within the All-Share Index pushed the market’s year-to-date return for 2026 greater to six.57%, reinforcing the continuing bullish tone.
Main the gainers’ chart had been DEAP Capital, Caverton, eTranzact, PZ, and MTN, every posting the utmost day by day achieve of 10%.
Losses had been comparatively gentle, with Common Insurance coverage and Status Insurance coverage recording the steepest declines, down 6.25% and 5.81%, respectively.
In worth phrases, MTN Nigeria led the market with trades value N10.8 billion. Seplat adopted at N2.1 billion, whereas Entry Holdings, GTCO, and Zenith Bank recorded transaction values of N1.98 billion, N1.93 billion, and N1.6 billion, respectively.
Massive-cap shares valued at over one trillion naira (SWOOTs) delivered a largely optimistic outing through the session.
Throughout the FUGAZ banking names, sentiment was principally upbeat.
On the draw back, Entry Holdings was the lone laggard among the many group, slipping by 0.22%.
The market’s transfer above the 165,000 degree displays strengthening investor confidence initially of 2026, with shopping for curiosity extending past mid-cap counters.
Broad-based positive factors throughout SWOOTs and main banking shares sign renewed urge for food for basically robust, large-cap equities, suggesting the rally is being pushed by depth and steadiness somewhat than short-term momentum alone.
Market outlook
Continued participation from buyers might see the rally achieve additional traction, however stretched value ranges counsel the market could pause or right barely as profit-taking units in.
