Key Points

• Investors pushed NGX market capitalisation to N99.94 trillion with strong banking, ICT, and consumer goods stocks.

• Trading volume jumped to 7.82 billion shares worth N134.47 billion, showing heightened market activity.

• Top equities like Cornerstone Insurance, Cham Holdings, and Access Holdings led gains and accounted for most turnover.

According to the Nigerian Exchange Limited (NGX), Nigerian stock investors concluded 2025 on a high note, adding N2.05 trillion to the market value in the last four trading days of the year.

The rise was caused by investors becoming interested again in fundamentally solid stocks in the banking, information and communications technology (ICT), and numerous consumer goods sectors.

This shows that people trust companies that have good earnings and growth potential.

Market Capitalization Hits New Records

Trading caused the NGX market capitalization to go up from N97.890 trillion the week before to N99.938 trillion this week.

The NGX All Share Index (ASI) rose 1.9 percent to 156,492.36 points, up from 153,539.83 points.

There were also a lot of trades, with 150,799 deals worth N134.47 billion and 7.82 billion shares changing hands.

Last week, 80,229 deals totaling N63.83 billion transacted 2.88 billion shares, which was a substantial jump.

Gains Come from Activity in the Sector

The financial services industry was the busiest on the market, making 55,598 trades worth N67 billion and trading roughly 6 billion shares.

The next highest was ICT, which had 947 million shares worth N8.03 billion. Consumer products stocks were third, with 259 million shares worth N9.38 billion.

The stocks that did the best by volume were Cornerstone Insurance Plc, Cham Holding Company Plc, and Access Holdings Plc.

They traded more than 5.3 billion shares for N37.36 billion, which was around 68% of the total volume and 28% of the overall value.

General Market Performance

Last week, the price of 73 stocks went up, which is more than the week before when 44 stocks went up. On the other hand, 23 stocks lost value, down from 30.

There were 51 stocks that stayed the same, down from 73 before. The trend demonstrates that investors are getting pickier and want companies with strong fundamentals.

InvestData Consulting Limited said that the market had a solid start in 2026 because to new rules, more investors, and greater infrastructure.

Analysts, on the other hand, said that translating market potential into long-term economic growth will take solid policy implementation and strong leadership.

The firm said, “The Nigerian capital market is ready to help with bigger economic goals.”

“The biggest problem right now is making sure that policies and rules lead to real actions that help the market reach its full potential.”