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Home Frontpage

NGX closes bullish as ASI appreciates 0.04%

by Admin
January 21, 2026
in Frontpage, Markets

By Cynthia Ezekwe

Trading activities on the Nigerian Exchange platform (NGX) began the week on a bullish note as the All-Share-Index (ASI) notched a 0.4 per cent gain to close at  52,369.13 points.

The Month-to-Date (MtD) depreciated by o.1 per cent, while the Year-to-Date (YtD) settled at an increase of  2.2 per cent.

Meanwhile, total volume traded declined by 61.1 per cent  to 315.69 million units, valued at N4.03 billion, and exchanged in 5,847 deals.

ZENITHBANK was the most traded stock by volume and value at 53.43 million units and N1.38 billion, respectively.

On sectoral performance, the insurance sector appreciated 1.3 per cent; banking gained 0.9 per cent,   and consumer goods increased by 0.4 per cent, while the oil & gas sector depreciated by  0.6 per cent. However, the industrial goods index was flat.

The market breadth closed positive as 31 equities led  by  IKEJAHOTEL topped   the gainers table, while 15 equities led by SOVRENINS  topped the losers chart.

IKEJAHOTEL increased by 9.9 per cent, alongside  ACADEMY which appreciated 9.8 per cent to top the gainers list; while   NCR shed 9.7 per cent alongside SOVRENINS which depreciated by 8.9 per cent  recorded the most significant losses of the day.

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