The Nigerian All-Share Index wrapped up the week ended 9 January 2026 in positive territory, climbing 5,805.72 points to close at 162,298.08.
This marks a 3.71% gain from its opening level of 156,492.36, representing the highest ascent ever recorded, with the month-to-date showing a return of 4.30%.
The strong outcome came despite softer trading activity, as weekly volume declined to 4.1 billion shares across 248,254 deals, compared with 7.8 billion shares in the previous week.
Daily sessions closed in the green throughout the week, with Monday leading at +1.74%, while Thursday marked the moment the index crossed the 160,000 mark and retained the momentum to end the week above 162,000.
The NGX Premium Index led the charge with a 5.38% gain, driven by strong performances from Lafarge (+11.52%), Seplat (+10%), MTN Nigeria (+7.63%), Dangote Cement (+4.27%), Zenith Bank (+3.88%), and UBA (+2.33%).
The NGX 30 and NGX Main Board also gained 3.38% and 2.67%, respectively.
Sector indices recorded positive performances across the board.
The top-performing stocks for the week were:
The week’s top decliners were:
The week also saw notable corporate disclosures and developments:
The record-breaking performance of the NGX shows a bullish trend fuelled by positive sentiment in mid-cap and large-cap stocks.
However, the market is approaching overbought levels, raising the possibility of a near-term pullback. Still, if individual stock rallies persist, the market could continue its upward run.
Market participants are closely watching upcoming earnings reports and other corporate events for further direction.