The Nigerian Stock Exchange (NGX) recorded subdued trading activity on Tuesday, January 27, 2026, as investor participation dropped significantly compared to the previous session, according to data released at the close of trading, news.ng reports.
According to market data, a total of 483,039,050 shares changed hands across 41,471 deals, representing a market value of NGN 17,354,209,757.90.
The figures reflect a notable slowdown in market activity, with volume declining by 20% and the number of deals falling by 29% compared to Monday’s trading session.
Despite the reduced activity, the exchange maintained a robust market capitalisation of NGN 106.1 trillion, underscoring the resilience of Africa’s largest stock market.
Market breadth remained positive, with 130 listed equities participating in trading. Of these, 33 stocks recorded gains while 26 declined, suggesting cautious optimism among investors.
Union Homes Real Estate Investment Trust emerged as the session’s top performer, with shares appreciating by 9.94% to close at NGN 86.25. The real estate investment vehicle was joined at the top by SCOA Nigeria, Deap Capital Management & Trust, and Morison Industries, all posting gains of approximately 9.94% and 9.92%, respectively.
On the flip side, Austin Laz & Company led the laggards, shedding 9.96% to close at NGN 4.34 per share. Other notable decliners included Neimeth International Pharmaceutical (-9.62%), Prestige Assurance Company (-7.37%), and Africa Prudential (-6.96%).
Blue-chip financial stocks dominated trading volumes, with Access Holdings leading the pack at 26.5 million shares traded. Guaranty Trust Holding Company followed with 25.3 million shares, while Secure Electronic Technology and Japaul Gold and Ventures recorded 24.7 million and 21.4 million shares, respectively.
Market analysts attribute the decline in trading activity to typical mid-week profit-taking and investor repositioning, as market participants assess corporate earnings reports and macroeconomic indicators.
The NGX remains a key barometer of economic sentiment in Nigeria, Africa’s largest economy, with its performance closely watched by both domestic and international investors.
