Neimeth Pharmaceuticals Tops Gainers as Heavy Trades in Banking, Energy Stocks Support Market

International Energy Insurance Plc led the losers, shedding 9.90%

Stock performance January 8 2026

Neimeth Pharmaceuticals Plc led gainers on the Nigerian Exchange on Thursday, January 8, 2026, rising by 10%, as the equities market closed marginally higher amid sustained interest in select medium- and large-cap stocks.

The benchmark All-Share Index (ASI) advanced by 0.13% to close at 160,806.56 points, buoyed by gains in the agriculture, consumer goods and industrial goods sectors.

May & Baker Nigeria Plc followed Neimeth on the gainers’ table with a 9.85% appreciation. However, overall market breadth remained negative, with 32 gainers against 41 losers, reflecting cautious and selective investor positioning.

On the decliners’ side, International Energy Insurance Plc led the losers, shedding 9.90%, while ABC Transport Plc declined by 9.88%.

Trading activity was slightly softer, with total volume dipping by 0.26% to 642 million shares valued at ₦16.4 billion.

Ad Banner

In terms of value, banking and energy stocks dominated trades. Zenith Bank Plc recorded the highest value of transactions, with 1,870 deals worth ₦1.51 billion. Seplat Energy Plc followed with 563 deals valued at ₦1.20 billion, while Unilever Nigeria Plc posted 200 deals worth ₦1.20 billion. GTCO Plc saw 1,945 deals valued at ₦1.01 billion, and Access Holdings Plc recorded 1,998 deals worth ₦815.4 million.

CHAMS Plc emerged as the most actively traded stock by volume, with 60.4 million shares exchanged during the session. Overall, the market’s modest gain highlights sustained interest in select stocks, with Neimeth Pharmaceuticals’ strong performance setting the tone for the session.

 

Share this article

Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles