NGX ends mixed as market capitalisation gains N184bn

January 31, 2026
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Trading on the Nigerian Exchange Ltd. (NGX) closed mixed on Friday, as market capitalisation rose by N184 billion in spite of a slight decline in the All-Share Index.

Market capitalisation increased by 0.17 per cent to N106.153 trillion from N105.969 trillion recorded in the previous trading session.

The gain was driven by Presco’s additional listing of 166,666,667 ordinary shares and GTCO’s listing of 125,000,000 ordinary shares at N80 each.

Conversely, the All-Share Index dipped by 0.09 per cent, shedding 156.91 points to close at 165,370.40 from 165,527.31.

Market breadth closed positive, with 34 equities recording price gains, while 31 stocks ended the session lower.

Zichis Agro Allied Industries led gainers with a 9.97 per cent rise to N4.19, followed by Abbey Mortgage Bank, up 9.94 per cent to N9.40.

RT Briscoe advanced by 9.93 per cent to N7.86, while Haldane McCall gained 9.90 per cent to close at N4.33.

Omatek Ventures also rose by 9.89 per cent, finishing the session at N3 per share.

On the losers’ table, Learn Africa, Livestock Feeds and Livingtrust Microfinance Bank fell by 10 per cent each to N8.10, N6.30 and N4.05.

Deap Capital Management declined by 9.97 per cent to N9.39, while Mc Nicholas dropped 9.93 per cent to close at N6.35.

A total of 687.4 million shares worth N14.9 billion were traded in 41,553 deals, against 691.4 million shares valued at N15.4 billion previously.

This reflected declines in market volume and value, in spite of an increase in the number of transactions executed.

Veritas Kapital led trading volume with 80.47 million shares, representing 11.71 per cent of total shares exchanged.

Aradel Holdings recorded the highest value traded at N2.31 billion, accounting for 15.43 per cent of total market value.

Commenting, Mr David Adonri of Highcap Securities said the additional listings supported market value, adding that “2026 should be rewarding for equities investors.”

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