GTI Pulse| Daily Market Brief for Friday, 16th January 2026.

Equities Market

Trading activities in the Nigerian equities market closed positive today, Friday, 16th January 2026. The NGX ASI rose by 0.04% to close at 166,129.5 from 166,057.29, bringing YTD return to 6.76%. The market capitalisation increased by ₦30.46 billion to ₦106.35 trillion from ₦106.32 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦16.71 billion from ₦31.59 billion.

The market breadth increased by 87.94% to 1.65x from 0.88x, as 43 stocks advanced, 26 stocks declined, and 78 stocks remained unchanged. REDSTAREX (10.00%) led the market with positive performance, while MCNICHOLS (-8.81%) led the losers’ chart.

Sectoral performance was positive as NGXINS (0.41%), NGXBNK (0.38%), and NGXCNSMRGDS (0.14%) appreciated, while NGXOILGAS (-0.14%) and NGXINDUSTR (-0.26%) depreciated.

Market statistics

TodayToday
NGX ASI166,057.29166,129.500.04
No. of Deals51,227.0048,023.00-6.25
Volume Traded1,034,706,750.00539,881,869.00-47.82
Market Turnover (Bn)31,590,303,025.2616,716,752,341.61-47.08
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