The Nigerian equities market rebounded from the earlier week’s weak point, gaining about N2.20 trillion in market capitalisation as the benchmark NGX All-Share Index (ASI) rose 1.36%, or 3,391.94 factors, to shut at 252,269.16 factors on Friday, November 13, up from 248,877.22 factors the earlier week.
Market capitalisation closed at N163.796 trillion, up from N161.593 trillion, lifting the market’s year-to-date (YtD) return to +62.11% from beneath 60% at the November 6 shut.
The rally was pushed by positive factors in Dangote Cement (+9.61%), Seplat Energy (+1.51%), Oando (+14.80%), Transcorp Power (+5.65%), Honeywell Flour (+13.73%) and Ecobank Transnational Incorporated (+6.93%).
Investors took benefit of low entry costs in the Insurance, Oil & Gas, Industrial Goods and Commodity sectors after a sharp pullback on Thursday, November 5, when the market lost about N3.28 trillion.
The market opened the week with a powerful achieve on Monday, moderated on Tuesday and Wednesday, and rebounded on Thursday. It couldn’t maintain the achieve on Friday.
Highlight of sectoral efficiency:
The NGX Industrial Goods Index was the strongest-performing main sector index of the week
- It rose 6.11% to 12,380.99 factors from 11,668.33 factors and is up 118.11% YtD.
- The NGX Insurance Index gained 4.44% to 1,072.30 factors from 1,026.74 factors.
- The NGX Commodity Index superior 1.22% to 1,874.02 factors from 1,851.36 factors.
- The NGX Consumer Goods Index fell 0.55% to three,935.59 factors from 3,957.25 factors and is down 1.00% YtD.
- The NGX Banking Index declined 0.21% to 2,364.86 factors from 2,369.84 factors.
Despite its 4.44% weekly rebound, the Insurance Index remained down 9.84% year-to-date, whereas Consumer Goods was down 1.00%.
Top 10 Best-Performing Stocks:
- Champion Breweries: up 27.27% to N11.20 from N8.80
- Caverton Offshore Support: up 20.55% to N4.40 from N3.65
- AXA Mansard Insurance: up 16.10% to N13.70 from N11.80
- Oando: up 14.80% to N38.00 from N33.10
- Veritas Kapital Assurance: up 14.74% to N1.09 from N0.95
- Honeywell Flour Mills: up 13.73% to N33.55 from N29.50
- Lasaco Assurance: up 12.43% to N1.90 from N1.69
- Sovereign Trust Insurance: up 12.31% to N2.19 from N1.95
- Guinea Insurance: up 11.69% to N0.86 from N0.77
- Fortis Global Insurance: up 11.41% to N1.66 from N1.49
Top 10 Worst-Performing Stocks:
- ResidingTrust Mortgage Bank: down 18.53% to N2.33 from N2.86
- Thomas Wyatt Nigeria: down 12.31% to N2.28 from N2.60
- Okomu Oil: down 10.90% to N1,137.10 from N1,276.20
- NAHCO: down 9.99% to N136.10 from N151.20
- Nigerian Enamelware: down 9.96% to N33.00 from N36.65
- Multiverse Mining & Exploration: down 9.90% to N17.30 from N19.20
- Nascon Allied Industries: down 8.99% to N167.00 from N183.50
- E-Tranzact International: down 8.85% to N17.00 from N18.65
- Red Star Express: down 8.76% to N12.50 from N13.70
- Zichis Agro Allied Industries: down 7.35% to N15.75 from N17.00
Large cap stocks that drove weekly positive factors:
A few giant cap stocks majorly drove the positive factors recorded in the week along with the prime 10 best-performing stocks.
- Dangote Cement: up 9.61% to N1,469.90 from N1,341.00, gaining N128.90
- Seplat Energy: up 1.51% to N16,241.90 from N16,000.10, gaining N241.80
- Transcorp Power: up 5.65% to N232.00 from N219.60, gaining N12.40
- Ecobank Transnational Incorporated: up 6.93% to N74.85 from N70.00, gaining N4.85
- Stanbic IBTC: up 1.54% to N165.00 from N162.50, gaining N2.50
- UACN: up 1.74% to N175.00 from N172.00, gaining N3.00
Summary of weekly buying and selling actions:
Trading exercise confirmed a pointy rise in quantity however a drop in worth. Total turnover reached 8.029 billion shares value N185.358 billion in 160,836 offers, in contrast with 2.829 billion shares valued at N208.407 billion in 192,158 offers the earlier week.
- The Financial Services Industry led exercise by quantity with 4.854 billion shares valued at N95.790 billion in 72,047 offers, contributing 60.45% of complete quantity and 51.68% of complete worth.
- The Agriculture Industry adopted with 2.243 billion shares value N22.777 billion in 5,884 offers, whereas the Consumer Goods Industry ranked third with 260.996 million shares value N11.887 billion in 20,779 offers.
- The prime three equities by quantity, Linkage Assurance, Livestock Feeds and First HoldCo, accounted for 5.831 billion shares value N76.060 billion in 9,544 offers, representing 72.63% of complete quantity and 41.03% of complete worth.
A complete of 43 equities appreciated in value throughout the week, greater than the 29 recorded the earlier week whereas 39 equities depreciated, decrease than 57 the week earlier than, and 64 remained unchanged, up from 60.
Corporate actions:
Price changes have been made for 5 securities on Friday, November 13, after dividend funds:
- Seplat Energy: dividend of N258.09; ex-dividend value of N16,241.91 from N16,500.00
- Airtel Africa: dividend of N41.77; ex-dividend value of N6,258.23 from N6,300.00
- Okomu Oil: dividend of N11.50; ex-dividend value of N1,137.10 from N1,148.60
- Berger Paints: dividend of N0.50; ex-dividend value of N147.10 from N147.60
- Ikeja Hotel: dividend of N0.03; ex-dividend value of N43.47 from N43.50
What it is best to know:
Dangote Cement was the strongest major-capitalisation inventory by share achieve, whereas Seplat Energy recorded the largest absolute achieve at N241.80 per share.
- The week’s achieve successfully returns the market to the place it stood in late September.
- In the week ended September 25, 2026, Nairametrics had reported that the ASI closed at 252,113.41 factors and market capitalisation at N163.655 trillion, for a YtD return of +62.01%.
- That week’s rally was adopted the Central Bank of Nigeria’s 350-basis-point minimize in the financial coverage charge.
Against that mark, this week’s shut is greater by solely about 156 factors, or N141 billion in market worth, and a exceptional restoration from earlier week when the market lost N3.52 trillion in equities valuation during the week ended November 6, 2026.
