The NGX All-Share Index depreciated by 0.09% while Market Capitalization appreciated by 0.18% to close the week at 165,370.40 and N106.153 trillion respectively. All other indices finished higher with the exception of NGX 30, NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX Growth and NGX Pension Broad indices which depreciated by 0.13%, 0.63%, 0.75%, 0.63%, 0.41%, 1.13% and 0.22% respectively.
A total turnover of 3.087 billion shares worth N81.505 billion in 222,185 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.748 billion shares valued at N99.865 billion that exchanged hands last week in 237,179 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.495 billion shares valued at N33.923 billion traded in 83,939 deals; thus contributing 48.45% and 41.62% to the total equity turnover volume and value respectively. The Services Industry followed with 443.222 million shares worth N4.936 billion in 17,615 deals. Third place was the ICT Industry, with a turnover of 279.520 million shares worth 6.443 billion in 24,552 deals.
Trading in the top three equities, namely Veritas Kapital Assurance Plc, Cutix Plc and Secure Electronic Technology Plc (measured by volume), accounted for 513.382 million shares worth N1.139 billion in 4,895 deals, contributing 16.63% and 1.40% to the total equity turnover volume and value respectively.
Tunde Sobamowo
Financial Advisor
Global Asset Management (Nig.) Limited.
https://globalasset-ng.com
Wema-Bank-Share-Price-Weekly-Research-Report-30th-Jaunary-2026
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