Access Holdings drove market activity as the Nigerian stock market inched higher on January 26, 2026.
The All-Share Index closed at ₦165,517.6, rising a modest 5.4 points after Friday’s cautious rally.
Access Leads Market Activity
Meanwhile, investors acted carefully, keeping the market just above the 165,500 mark amid mixed signals.
Trading Volume And Value Highlights
Trading slowed, with 601 million shares changing hands compared with 731 million previously, while total market value remained at ₦105.9 trillion.
Furthermore, CHAMS followed Access in volume, while GTCO and Zenith Bank dominated transactions by value.
NPF Microfinance Bank surged 10%, and Morison Industries followed closely with a 9.97% gain.
UHOMREIT, Deep Cap, and Zichis also climbed sharply, reflecting pockets of strong investor optimism.
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Conversely, May & Baker and Neimeth fell roughly 10%, showing that selective caution still governed trading.
CHAMS led volume at 41.5 million shares, and Access Holdings and GTCO traded over 30 million shares each.
In addition, Zenith Bank and Tantalizers completed the top five most actively traded stocks by volume.
GTCO commanded the most value at ₦3.1 billion, followed by Zenith Bank, Nigerian Breweries, Aradel, and MTNN.
Market Outlook And Investor Strategy
Among SWOOTs, Nigerian Breweries and International Breweries posted modest gains, signalling mixed market sentiment.
FUGAZ banking stocks moved unevenly; UBA gained slightly, while Access Holdings slipped 1.56%.
Overall, the ASI’s small rise suggests easing selling pressure, but recovery remained fragile and uneven.
Gains concentrated in a few stocks, while others, including May & Baker, retreated sharply.
Therefore, investors must remain selective and time trades carefully amid moderate activity.
Although momentum remains limited, renewed buying in large-cap stocks could trigger a broader rally.
