The Nigerian All-Share Index experienced a notable surge in the trading week ended April 10, 2026, climbing 2,071.54 points to settle at 203,770.43. This performance represents a 1.03% increase from the week's opening level of 201,698.89, crossing the significant 203,000-mark.
The upward trend was primarily fueled by robust buying activity in the banking and oil and gas sectors. Market capitalization also saw a healthy rise of 1.05%, concluding the week at N131.1 trillion, an increase from the N129.8 trillion recorded in the preceding week.
Trading activity was brisk, with a total volume of 3.3 billion shares exchanged, valued at N151.9 billion. This is an increase from the 2.8 billion shares traded in the prior week. The market settled a total of 229,442 deals across the trading sessions.
The market operated for four out of the five scheduled sessions, as Monday was observed as a public holiday for the Easter celebration. Despite the shortened week, the market closed in positive territory for each trading day.
The week began with a 0.16% gain on Tuesday, pushing the index from 201,698.89 to 202,023.1. Gains were sustained through the week, with the index adding 562.4 points by Wednesday. Thursday marked a significant milestone as the index broke above the 203,000 mark for the first time, before closing higher on Friday.
Sectoral and Index Performance
Across key market segments, the NGX Premium Index demonstrated strong performance, rising by 2.26%. This growth was significantly influenced by notable gains in stocks such as Zenith Bank (+8.74%), Seplat (+4.95%), First Holdco (+4.10%), UBA (+2.29%), and Access Holdings (+0.19%).
The NGX 30 Index also advanced, recording a 1.06% increase. Similarly, the NGX Main Board Index reflected the broad-based market strength with a gain of 0.83%.
In terms of sectoral performance, the NGX Banking Index was a standout performer, surging by 5.10%. This impressive rise was driven by strong contributions from GTCO (+10.66%), Zenith Bank (+8.74%), First Holdco (+4.10%), Stanbic IBTC (+3.68%), UBA (+2.29%), Fidelity Bank (+1.04%), and Access Holdings (+0.19%).
Overall, 25 stocks recorded gains during the week, a slight decrease from the 29 stocks that advanced in the previous week. Conversely, 54 equities experienced declines, down from 57, while 67 stocks closed unchanged in price.
