Tuesday, February 3, 2026

February Opener: NGX Edges Higher as Bulls Stage a Comeback with 0.01%


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By Isaac Olufemi Ojo

The Nigerian stock Exchange  experienced a rebound on the first trading day of February 2026, posting a bullish gain of 0.01% after a 0.09% bearish decline at the close of January 30.

At the close of trading today, a total of 762,751,366 units of shares, valued at N18,409,077,686.23, were traded across 55,374 deals.

The All-Share Index (ASI) closed at 165,384.63 basis points, while market capitalization hit N106.16 trillion.

Market activity was led by FGSUK203255, which topped the gainers’ chart with a profit of N57.40 to close at N149.99, followed by FGSUK203356, which gained N27.99 to close at N129.99.

Conversely, on the decliners’ chart, OMATEK led the pack with a loss of N0.30 (10.00%) to close at N2.70, while UHOMEEIT saw its share value drop by N9.45 (9.96%) to close at N85.40.

Tantalizers led the volume charts with 88.4 million shares valued at over N329.3 million. Zenith Bank followed with over 40.1 million units valued at more than N2.8 billion. Other top-traded stocks included VERITASKAP, UNIVINSURE, and FIRSTHOLDCO.



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