The Nigerian All-Share Index (ASI) gained 3,831.42 points to close the week ended 16 January 2026 at 166,129.50, extending its upward momentum and finishing the week in positive territory.
This reflects a 2.36% increase from the week’s opening level of 162,298.08, securing a seventh consecutive weekly gain on Customs Street since early December 2025.
Trading activity strengthened, with 4.6 billion shares traded in 263,439 deals, up from 4.16 billion previously, while market capitalization climbed 2.48% to N106.3 trillion.
Market breadth was broadly positive, as 80 stocks recorded price gains, slightly below the 84 gainers seen in the prior week. Decliners eased to 17 from 23, while 50 equities closed unchanged.
The Nigerian stock market closed four out of five trading sessions in the green in the week ended 16 January, driven by strong early-week buying.
Market performance was boosted by the NGX Premium Index, which rose 4.13%, supported by strong gains in heavyweight stocks.
Elsewhere, the NGX 30 Index rose 2.26%, while the NGX Main Board Index recorded a gain of 1.15% for the week.
Sectoral indices closed broadly positive during the week, with gains recorded across most segments of the market.
Leading the advance, the NGX Oil & Gas Index rose 5.71%, supported by strong price moves in Seplat (8.57%), Aradel (3.88%), Japaul Gold (3.20%), and Oando (1.25%).
Banking stocks also posted solid gains, with the NGX Banking Index up 3.45%.
Elsewhere, the NGX Insurance Index added 1.78%, followed by the NGX Consumer Goods Index, which rose 1.59%.
The top-performing stocks for the week were:
The week’s top decliners were:
The week also saw notable corporate disclosures and developments: