The Nigerian equities market extended its bullish run on Wednesday as sustained buying interest in banking and insurance stock counters lifted the benchmark index higher. In tandem with the index performance, market capitalisation appreciated by N880.34 billion to settle at N114.38 trillion, reflecting value accretion across major counters. Leading the gainers’ chart were Consolidated Hallmark Holdings Plc, FTN Cocoa Processors Plc, Nestlé Nigeria Plc, Meyer Plc, and Chemical and Allied Products Plc, all of which recorded notable price appreciation on the back of renewed demand. The NGX Insurance Index followed closely, climbing 1.53 per cent as investors rotated into undervalued counters within the segment. In contrast, the NGX Industrial Goods Index slipped slightly by 0.02 per cent, while the NGX Commodity Index closed flat, reflecting mixed sentiment in those segments.

Source: Nigerian Tribune February 11, 2026 18:57 UTC