Key Highlights
The Nigerian All-Share Index (ASI) increased by 0.78% to close at 178,184.3 points on February 11, 2026, marking an eight-day winning streak.
Transcorp Hotels experienced a significant surge, climbing over 9% during the trading session.
Market capitalization strengthened to N114.3 trillion across 61,279 deals.
The ASI's year-to-date return reached 14.50%.
Tantalizers led trading by volume with 85.3 million shares exchanged.
The Nigerian stock market continues its bullish run, with the All-Share Index (ASI) recording its eighth consecutive day of gains on February 11, 2026. The index rose by 0.78%, closing at 178,184.3 points, surpassing the 178,000 level and reaching a new all-time high. This sustained upward trend has added 1,378.4 points to the market's valuation over the past eight trading sessions.
Driving this surge was the impressive performance of heavyweight Transcorp Hotels, which gained over 9% during the day. Market volume remained strong at 939 million shares, slightly below the 1.05 billion recorded in the previous session. Equity capitalization also saw a boost, reaching N114.3 trillion across 61,279 deals, reflecting the continued appreciation of value in the market.
The ASI's daily gain has propelled its year-to-date return to an impressive 14.50%, further solidifying the current bullish momentum. Examining individual stock performances, Meyer, Nestle, Fortis Global, and Consolidated Hallmark each advanced by 10%, leading the gainers' chart. Conversely, Honeywell Flour and Neimeth topped the decliners' list, falling by 9.70% and 9.15%, respectively.
In terms of trading activity, Tantalizers led by volume with 85.3 million shares exchanged, followed by Access Holdings (61.3 million) and Chams (38.5 million). JapaulGold and Deap Capital completed the top five, recording 38.2 million and 36.7 million shares traded, respectively.
Looking at value, Aradel led with N2.9 billion in transactions, followed by MTN (N2.8 billion), Zenith Bank (N2.7 billion), Lafarge (N2.4 billion), and GTCO (N2.1 billion).
The performance of SWOOTs (stocks valued over N1 trillion) was generally bullish, with Transcorp Hotels surging by 9.4%, Nigerian Breweries up 1.17%, and MTN gaining 1.09%. Within the FUGAZ segment, GTCO led the winners with a 4.95% gain, followed by Zenith Bank (+2.30%) and UBA (+2.06%), while First Hold Co remained flat.
The prevailing bullish momentum in the Nigerian equities market is supported by active trading in both price and volume. Analysts suggest that continued gains in large- and mid-cap stocks could potentially push the index toward the 180,000 level.
