The Nigerian All-Share Index closed the buying and selling session on 22 January 2026 in adverse territory, shedding 870.2 factors to settle at 165,397.4, down from 166,267.6 within the earlier session.
This represents the steepest single-day decline since 17 November 2025, when the index dropped by 1,955.9 factors amid broad-based bearish sentiment.
Buying and selling exercise softened, with whole quantity falling to 768 million shares from 822 million a day earlier, whereas market capitalisation stood at N105.8 trillion throughout 46,481 offers.
Entry Holdings and DEAP Capital emerged as essentially the most actively traded shares of the session, every with buying and selling volumes exceeding 50 million shares.
The ASI’s 0.52% drop introduced its year-to-date return to six.29%, reflecting cautious investor sentiment in a combined market.
On the gainers’ chart, Infinity Trust Mortgage Bank, UHOMREIT, John Holt, and NCR superior by the utmost 10% every, whereas Omatek and Intenegins led the losers, declining by 9.40% and 6.06%, respectively.
Entry Holdings topped the quantity chart with 54.2 million shares traded, adopted by DEAP Capital with 51.1 million shares and Tantalizers with 41.8 million shares.
Omatek and Japaul Gold accomplished the highest 5 by quantity, recording 33.5 million and 31.4 million shares exchanged, respectively.
By way of transaction worth, Geregu led the market with trades price N2.7 billion, adopted by Stanbic IBTC at N1.7 billion, Zenith Bank at N1.6 billion, UACN at N1.4 billion, and Entry Holdings at N1.2 billion.
Among the many SWOOTs (shares price over N1 trillion), most closed the session in adverse territory.
FUGAZ banking shares additionally delivered a largely weak efficiency.
The ASI’s decline indicators that traders are cautious, reassessing entry factors whereas selectively taking earnings in some shares.
Heavy buying and selling in Entry Holdings, DEAP Capital, and Tantalizers exhibits the place traders are most lively.
Blended performances amongst SWOOTs and FUGAZ banking shares replicate the uneven market sentiment, with some massive caps gaining whereas others retreat.
The All-Share Index is displaying indicators of stagnation and a attainable retracement as traders possible reassess entry factors.
Whereas renewed shopping for curiosity in choose large-cap shares might assist the broader rally, the market stays uncovered to short-term pullbacks because of stretched value ranges.
