The Nigerian stock market staged a record-breaking week ending February 13, 2026.
The All-Share Index surged 10,585.59 points to close at 182,313.08, finally surpassing 180,000 for the first time.
Record-Breaking Stock Market Rally
Moreover, investors actively traded 4.6 billion shares across 286,751 deals, up from 3.8 billion shares last week.
As a result, market capitalisation jumped over 6% to ₦117.02 trillion, reflecting strong investor confidence.
Additionally, 79 stocks gained, up from 71, while 27 declined, showing broad market strength.
Heavyweights Lead Gains
The week began on a strong note.
On Monday, the index climbed 2,224.6 points, setting early momentum.
Then on Tuesday, the market surpassed 175,000 points, trading the week’s highest volume of 1.05 billion shares.
Although gains moderated on Wednesday and Thursday, investors maintained optimism and continued buying selectively.
By Friday, renewed participation pushed the index past 180,000, ending the week at a historic high.
Leading the rally, heavyweight stocks soared.
MTNN rose 14.32%, Seplat gained 13.98%, Lafarge Africa jumped 12.87%, and Zenith Bank advanced 10.00%.
Meanwhile, UBA, Access Holdings, Dangote Cement, and First HoldCo recorded strong double-digit gains.
Read Also: Palm And Rubber Sales Drive Okomu Oil To ₦87.3Bn Profit In 2025
Consequently, the NGX 30 Index climbed 6.25%, and the NGX Main Board Index added 3.64%.
Broad Sector Participation
All sectors advanced.
Oil & Gas led with an 11.40% increase, supported by Seplat and Aradel.
Industrial Goods rose 7.09%, driven by gains in Lafarge Africa, Dangote Cement, and BUA Cement.
Mid-cap industrials also impressed: Chemical & Allied surged 32.93%, while Meyer, Berger Paints, and Beta Glass added value.
Furthermore, the NGX Banking Index advanced 5.84%, whereas Consumer Goods and Insurance posted modest gains.
The top gainers included Zichis Agro (+60.71%), Union Dicon Salt (+60.15%), and Daar Communications (+55.26%).
Additionally, Fortis Global Insurance, John Holt, Red Star Express, RT Briscoe, and E-Tranzact rose strongly.
In contrast, Abbey Mortgage Bank fell 26.42%, Sovereign Trust Insurance lost 17.16%, and Ecobank declined 13.29%.
Corporate activity also shaped the week. Tantalizers raised ₦2 billion to expand its entertainment subsidiary.
Deap Capital received ₦1 billion, Sunu Assurance approved a ₦9.33 billion rights issue, and Neimeth planned to raise ₦20 billion.
Overall, the 6.16% weekly gain reflected strong bullish participation, up from last week’s 3.84% rise.
Breaking 180,000 suggests the market could reach 185,000, although it may face a short-term retracement.
Therefore, investors can capture gains by taking well-timed positions in strong large-cap stocks while the market trends upward.
