Nigerian Exchange rises as key stocks boost index
The Nigerian Exchange ended trading on a positive note, with the benchmark index and market capitalisation both climbing higher. Sustained buying interest in major stocks contributed to the gains, reflecting improved investor sentiment. Notably, sectoral indices mostly closed in the green, led by strong performances in the energy and insurance sectors. Trading activity was mixed, but the market’s overall momentum remained upward.
What we know
- The Nigerian Exchange closed trading on Wednesday, 7 January 2026, with the All-Share Index rising by 0.4% to 160,591.76.
- Market capitalisation advanced to N102.5 trillion, driven by positive sentiment despite mixed trading activity.
- The Oil and Gas Index led sectoral gains, surging by 3.88%, while the Insurance and Premium indices also posted notable increases.
- Seplat Petroleum Development Company topped the gainers’ chart with a 10% rise, closing at N6,171.00 per share.
- Linkage Assurance was the most traded stock by volume, exchanging 54.9 million shares.
