Bulls Take Firm Control as Equity Market Surges Higher

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January 5, 2026/United Capital Report

Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in OANDO (+9.95%) and DANGSUGAR (+7.97%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 1.74% to settle at 159,215.48 points.

Year-to-date returns closed at 2.32%, while market capitalisation closed at N101.81tn. Activity level in the market was mixed with the total value of stocks traded falling by 25.59% to settle at N18.57bn. Meanwhile, the total volume of stocks traded rose by 58.13% to settle at 695.65mn units respectively.

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