The Nigerian Exchange (NGX) closed sharply higher on Monday, January 5, 2026, as aggressive buying across insurance, consumer goods, and healthcare stocks lifted the market to fresh highs.
The NGX All-Share Index (ASI) advanced by 1.74% to close at 159,218.22 points, while equity market capitalisation rose to ₦101.81 trillion, reflecting strong investor confidence at the start of the trading week.
Market Activity Overview
Trading activity remained robust, supported by active participation across mid-cap and large-cap equities. A total of 695.65 million shares valued at ₦18.57 billion were exchanged in 56,632 deals.
The bond market capitalisation stood at ₦51.48 trillion, while exchange-traded funds (ETFs) closed with a combined market value of ₦50.45 billion.
Top Gainers
Insurance, healthcare, and consumer stocks dominated the gainers’ table:
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Regency Assurance Plc gained 10.00% to close at ₦1.21
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Fidson Healthcare Plc rose 10.00% to ₦60.50
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May & Baker Nigeria Plc advanced 10.00% to ₦20.90
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PZ Cussons Nigeria Plc appreciated 10.00% to ₦49.50
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Wapic Insurance Plc added 10.00% to close at ₦3.85
Top Losers
Losses were recorded mainly in hospitality, insurance, and industrial stocks:
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Juli Plc declined 9.93% to ₦7.26
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Ikeja Hotel Plc fell 9.91% to ₦40.45
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Sunu Assurances Nigeria Plc shed 4.55% to ₦5.25
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Sovereign Trust Insurance Plc dropped 2.36% to ₦3.72
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Berger Paints Nigeria Plc lost 2.08% to ₦47.00
Most Actively Traded Stocks (By Volume)
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Tantalizers Plc led trading with 71.75 million shares, valued at ₦181.81 million
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Zenith Bank Plc followed with 53.39 million shares worth ₦3.51 billion
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Linkage Assurance Plc traded 51.67 million shares, valued at ₦93.06 million
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Chams Holding Company Plc recorded 34.97 million shares worth ₦138.49 million
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Access Holdings Plc posted 34.72 million shares, valued at ₦846.50 million
Bonds Market
The fixed-income segment recorded strong price movements in select instruments:
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FGS 2027 surged to ₦120.00
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FGS 2026 advanced to ₦109.00
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FGS 2028 closed at ₦100.01
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FGS 2028/2029 settled at ₦100.99
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FID 2031 Series 1 closed flat at ₦69.23
ETF Market Performance
ETFs recorded broad gains during the session:
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SIAML ETF 40 jumped ₦146.00 to close at ₦2,100.00
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VSP Bond ETF surged ₦119.99 to ₦319.99
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Stanbic ETF 30 gained ₦106.61 to ₦1,172.75
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Green ETF advanced ₦35.00 to ₦385.00
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Vetiva Griffin 30 ETF rose to ₦60.50
Market Outlook
The strong rally reflects renewed investor appetite across insurance, healthcare, and consumer stocks, supported by improved liquidity and aggressive accumulation.
With the ASI firmly above the 159,000-point level, market sentiment remains positive, though selective profit-taking may emerge following the sharp advance.