Connect with us

Nigerian Exchange Limited

NGX Gains 6.16% as Market Capitalisation Climbs to ₦117.03 Trillion on ₦193.33 Billion Weekly Turnover

Published

on

Stock Bull - Investors King

The Nigerian Exchange Limited (NGX) closed the week ended Friday, February 13, 2026, on a strong bullish note as the benchmark index advanced by 6.16 percent amid heightened investor participation across major sectors.

The NGX All-Share Index (ASI) rose from 171,727.49 recorded in the previous week to 182,313.08 to post a gain of 10,585.59 points.

Market capitalisation appreciated to ₦117.027 trillion, representing a 6.16 percent increase week-on-week.

Equity Market Performance

Investors traded a total of 4.652 billion shares valued at ₦193.326 billion in 286,751 deals during the week.

This represents a significant increase compared to the previous week’s:

  • 3.860 billion shares

  • ₦128.581 billion

  • 240,463 deals

The surge in turnover signals stronger liquidity and institutional positioning.

Sectoral Breakdown by Volume

The Financial Services Industry led activity with:

  • 2.782 billion shares

  • Valued at ₦74.063 billion

  • Executed in 104,325 deals

  • Contributing 59.81% of total volume and 38.31% of total value

The Services Industry followed with 573.189 million shares worth ₦7.177 billion.

The Consumer Goods Industry ranked third with 317.667 million shares valued at ₦24.027 billion.

Top Traded Equities

The three most traded stocks by volume were:

  • Deap Capital Management & Trust Plc

  • Access Holdings Plc

  • Zenith Bank Plc

Together, they accounted for:

  • 980.253 million shares

  • Valued at ₦30.182 billion

  • Representing 21.07% of total volume and 15.61% of total value

Daily Market Snapshot

Date Volume Value (₦) Deals
09-Feb-26 775.06m 27.86bn 65,906
10-Feb-26 1.30bn 50.42bn 58,922
11-Feb-26 939.05m 34.00bn 61,170
12-Feb-26 698.30m 28.40bn 50,865
13-Feb-26 936.25m 52.63bn 49,888

Friday recorded the highest transaction value at ₦52.63 billion.

ETP Market

A total of 8.741 million units valued at ₦1.544 billion were traded in 7,784 deals, compared to 2.421 million units worth ₦438.466 million in the prior week.

Top traded ETPs included:

  • STANBICETF30 – ₦379.09 million

  • VETGRIF30 – ₦215.01 million

  • VETINDETF – ₦198.49 million

  • VSPBONDETF – ₦171.51 million

Bond Market

Bond transactions declined during the week:

  • 163,354 units

  • Valued at ₦164.253 million

  • Executed in 47 deals

This compares with 449,548 units valued at ₦476.435 million in 58 deals the previous week.

The NGX Sovereign Bond Index declined marginally by 0.01 percent.

Index Performance Summary

Several indices recorded strong gains:

  • NGX Premium Index: +10.63%

  • NGX Oil & Gas Index: +11.40%

  • NGX AFR Div Yield Index: +11.58%

  • NGX Consumer Goods Index: +2.95%

  • NGX Banking Index: +5.84%

  • NGX Industrial Goods Index: +7.09%

The broad-based rally signals sustained investor confidence across major sectors.

Price Movement Summary

  • 79 equities advanced, higher than 71 in the previous week.

  • 27 equities declined, lower than 35 recorded previously.

  • 42 equities remained unchanged, same as the prior week.

Top Price Gainers

  • ZICHIS AGRO ALLIED INDUSTRIES PLC: +60.71%

  • UNION DICON SALT PLC: +60.15%

  • DAAR COMMUNICATIONS PLC: +55.26%

  • FORTIS GLOBAL INSURANCE PLC: +50.00%

  • JOHN HOLT PLC: +45.21%

  • RED STAR EXPRESS PLC: +42.57%

  • R T BRISCOE PLC: +37.93%

  • E-TRANZACT INTERNATIONAL PLC: +36.20%

  • SECURE ELECTRONIC TECHNOLOGY PLC: +34.82%

  • CAP PLC: +32.93%

Top Price Decliners

  • ABBEY MORTGAGE BANK PLC: -26.42%

  • SOVEREIGN TRUST INSURANCE PLC: -17.16%

  • ECOBANK TRANSNATIONAL INCORPORATED: -13.29%

  • SKYWAY AVIATION HANDLING COMPANY PLC: -11.59%

  • AUSTIN LAZ & COMPANY PLC: -11.11%

  • GUINNESS NIG PLC: -9.97%

  • CWG PLC: -9.70%

  • TRIPPLE GEE AND COMPANY PLC: -8.90%

  • INTERNATIONAL ENERGY INSURANCE PLC: -7.56%

  • CHAMPION BREWERIES PLC: -7.30%

New Bond Listings

During the week, the following bonds were listed on NGX:

LFZC Funding SPV Plc

  • ₦16.11 billion

  • 7-Year 20.50% Series 1 Infrastructure Bond

  • Due September 2032

Lagos State Government Series 3

  • ₦14.815 billion

  • 5-Year 16% Green Bond

  • Due November 2030

Lagos State Government Series 4

  • ₦230 billion

  • 10-Year 16.25% Fixed Rate Bond

  • Due November 2035

Outlook

The 6.16 percent weekly gain reflects strong institutional inflows and sector rotation into premium and dividend-yielding stocks.

With turnover rising sharply and breadth improving, market sentiment remains positive heading into the new week. However, bond market softness and selective profit-taking suggest investors are rebalancing portfolios amid shifting macroeconomic expectations.

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20 years of experience in global financial markets. Olukoya is a published contributor to Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, InvestorPlace, and other leading financial platforms. He is widely recognized for his in-depth market analysis, macroeconomic insights, and commitment to financial literacy across emerging economies.

Advertisement