Investor confidence returned strongly to the Nigerian Trade final week, pushing buying and selling volumes increased and lifting the broader market to one in all its most spectacular weekly performances in current months.
For the week ended February 6, 2026, whole turnover climbed to three.860 billion shares valued at N128.581 billion in 240,463 offers, a major leap from the three.087 billion shares value N81.505 billion exchanged in 222,185 offers within the previous week.
The sharp rise in each worth and quantity alerts renewed shopping for curiosity and deeper market participation throughout sectors.
{Financial} stocks as soon as once more dominated exercise, accounting for two.188 billion shares valued at N50.459 billion in 94,005 offers, representing 56.68 % of whole traded quantity and 39.24 % of worth.
The Companies Business adopted with 466.771 million shares value N4.495 billion in 18,526 offers, whereas the ICT sector recorded 377.800 million shares valued at N9.049 billion in 25,653 offers, reflecting broad engagement past banking counters.
Buying and selling focus remained evident amongst a number of extremely energetic stocks. Chams Holding Firm Plc, Entry Holdings Plc, and Common Insurance coverage Plc collectively accounted for 664.942 million shares valued at N6.801 billion in 15,161 offers, contributing 17.23 % of whole quantity and 5.29 % of worth.
Momentum constructed steadily by means of the week, peaking on Friday when 953,711,891 shares valued at N43.035 billion have been traded in 50,984 offers, making it the busiest session of the week.
Whereas equities surged, Trade Traded Merchandise noticed softer exercise, with 2.421 million models value N438.466 million traded in 3,084 offers, down from 2.620 million models valued at N784.230 million in 4,396 offers the earlier week.
In distinction, the bonds phase posted a robust rebound. Traders traded 449,548 models valued at N476.435 million in 58 offers, a pointy rise in comparison with 91,005 models value N90.685 million in 42 offers recorded earlier, indicating renewed curiosity in fixed-income devices.
Market efficiency indicators mirrored the upbeat sentiment. The NGX All-Share Index superior by 3.84 % to 171,727.49 from 165,370.40, whereas market capitalisation elevated to N110.235 trillion, cementing the week’s bullish outlook.
Most sectoral indices closed increased, with the NGX Insurance coverage Index the one laggard, declining by 2.33 %.
Good points have been significantly robust in vitality and large-cap counters. The Oil and Gasoline Index surged 10.88 %, the Premium Index rose 6.80 %, the Pension Index climbed 5.26 %, and the Company Governance Index gained 4.40 %.
Market breadth additionally improved considerably, with 71 equities appreciating, in comparison with 44 within the earlier week. Thirty-five declined, down from 49, whereas 42 remained unchanged, in contrast with 55 earlier.
Among the many prime performers, R T Briscoe Plc jumped 60.69 % from N7.86 to N12.63, Zichis Agro Allied Industries Plc gained 60.38 %, and Abbey Mortgage {Bank} Plc superior 59.04 %. Julius Berger Nigeria Plc additionally added N48.80 to shut at N230.80.
On the draw back, Deap Capital Administration & Belief Plc fell 27.37 %, whereas UH Actual Property Funding Belief dropped 26.99 %.
The week additionally featured notable listings. The FGN Roads Sukuk Firm 1 Plc listed a N300,000,000,000 7-year 19.75 % Ijarah Sukuk due 2032, issued at N1,000 per unit, with rental funds scheduled for 23 Might and 23 November, maturing on 23 Might 2032.
Buying and selling additionally resumed in Fortis World Insurance coverage Plc on Wednesday, 4 February 2026, following the lifting of its suspension.
As well as, the December 2025 FGN Financial savings Bonds have been listed, together with N1,100,563,000 at 12.838 % due 2027 and N3,083,297,000 at 13.838 % due 2028.
Total, the week’s efficiency underscores strengthening investor urge for food, rising liquidity, and broad-based good points, suggesting that momentum on the Trade might proceed if present sentiment holds.