Market Momentum Strengthens as Equities Push Higher

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

January 9, 2026/United Capital Report

Equities Market Summary

Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in MTNN (+7.63%) and DANGSUGAR (+9.23%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.93% to settle at 162,298.08 points.

Year-to-date returns closed at 4.30%, while market capitalisation closed at N103.78tn. Activity level in the market was mixed with the total value of stocks traded rising by 12.61% to settle at N18.52bn. Meanwhile, the total volume of stocks traded fell by 3.25% to settle at 624.08mn units respectively.

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