The Nigerian All-Share Index (ASI) gained 3,831.42 factors to shut the week ended 16 January 2026 at 166,129.50, extending its upward momentum and ending the week in optimistic territory.
This displays a 2.36% improve from the week’s opening stage of 162,298.08, securing a seventh consecutive weekly achieve on Customs Avenue since early December 2025.
Buying and selling exercise strengthened, with 4.6 billion shares traded in 263,439 offers, up from 4.16 billion beforehand, whereas market capitalization climbed 2.48% to N106.3 trillion.
Market breadth was broadly optimistic, as 80 shares recorded value positive aspects, barely beneath the 84 gainers seen within the prior week. Decliners eased to 17 from 23, whereas 50 equities closed unchanged.
The Nigerian inventory market closed 4 out of 5 buying and selling periods within the inexperienced within the week ended 16 January, pushed by sturdy early-week shopping for.
Market efficiency was boosted by the NGX Premium Index, which rose 4.13%, supported by sturdy positive aspects in heavyweight shares.
Elsewhere, the NGX 30 Index rose 2.26%, whereas the NGX Important Board Index recorded a achieve of 1.15% for the week.
Sectoral indices closed broadly optimistic through the week, with positive aspects recorded throughout most segments of the market.
Main the advance, the NGX Oil & Gasoline Index rose 5.71%, supported by sturdy value strikes in Seplat (8.57%), Aradel (3.88%), Japaul Gold (3.20%), and Oando (1.25%).
Banking shares additionally posted strong positive aspects, with the NGX Banking Index up 3.45%.
Elsewhere, the NGX Insurance coverage Index added 1.78%, adopted by the NGX Client Items Index, which rose 1.59%.
The highest-performing shares for the week have been:
The week’s prime decliners have been:
The week additionally noticed notable company disclosures and developments:
