Best performing Nigerian stocks for the week ended September 4, 2026

Nigerian equities extended their rally into a second straight week, with the benchmark NGX All-Share Index (ASI) rising 5,693.97 points, or 2.36%, to close at 246,992.44 points, up from 241,298.47 points the previous week.

Market capitalisation increased by approximately N3.72 trillion during the week to close at N159.54 trillion.

The market’s year-to-date return improved to 58.72%, extending the recovery that followed FTSE Russell’s confirmation of Nigeria’s reclassification from “Unclassified” to “Frontier Market” status.

The week’s positive performance was driven largely by improved investor sentiment following the reclassification news, alongside sustained buying pressure across selected counters, particularly in the Oil & Gas, Consumer Goods and Insurance sectors.

Royal Exchange emerged as the week’s standout performer, surging 25.00% to close at N1.10 from N0.88, while Beta Glass led the losers with a sharp 17.38% decline.

What the data is saying:

Trading activity strengthened considerably, with total turnover rising to 4.360 billion shares worth N210.331 billion in 223,284 deals, compared with 2.507 billion shares valued at N123.223 billion in 173,561 deals the previous week, increases of 73.93% in volume, 70.73% in value, and 28.69% in deal count.

• The Financial Services Industry led activity by volume with 3.580 billion shares valued at N88.635 billion traded in 99,488 deals, contributing 82.10% of total volume and 42.14% of total value.
• The Consumer Goods Industry followed with 188.039 million shares worth N15.343 billion in 24,518 deals, while the Services Industry ranked third with 142.292 million shares worth N2.020 billion in 14,007 deals.
• The top three equities by volume — Fortis Global Insurance, United Bank for Africa and Access Holdings — accounted for 2.287 billion…