Best performing Nigerian stocks for the week ended November 13, 2026

The Nigerian equities market rebounded from the previous week’s weakness, gaining about N2.20 trillion in market capitalisation as the benchmark NGX All-Share Index (ASI) rose 1.36%, or 3,391.94 points, to close at 252,269.16 points on Friday, November 13, up from 248,877.22 points the previous week.

Market capitalisation closed at N163.796 trillion, up from N161.593 trillion, lifting the market’s year-to-date (YtD) return to +62.11% from below 60% at the November 6 close.

The rally was driven by gains in Dangote Cement (+9.61%), Seplat Energy (+1.51%), Oando (+14.80%), Transcorp Power (+5.65%), Honeywell Flour (+13.73%) and Ecobank Transnational Incorporated (+6.93%).

Investors took advantage of low entry prices in the Insurance, Oil & Gas, Industrial Goods and Commodity sectors after a sharp pullback on Thursday, November 5, when the market lost about N3.28 trillion.

The market opened the week with a strong gain on Monday, moderated on Tuesday and Wednesday, and rebounded on Thursday. It could not sustain the gain on Friday.

The NGX Industrial Goods Index was the strongest-performing major sector index of the week

Despite its 4.44% weekly rebound, the Insurance Index remained down 9.84% year-to-date, while Consumer Goods was down 1.00%.

A couple of large cap stocks majorly drove the gains recorded in the week in addition to the top 10 best-performing stocks.

Trading activity showed a sharp rise in volume but a drop in value. Total turnover reached 8.029 billion shares worth N185.358 billion in 160,836 deals, compared with 2.829 billion shares valued at N208.407 billion in 192,158 deals the previous week.

A total of 43 equities appreciated in price during the week, higher than the 29 recorded the previous week while 39 equities depreciated, lower than 57 the week before, and 64 remained unchanged, up from 60.

Price adjustments were made for five securities on Friday, November 13, after dividend payments:

Dangote Cement was the strongest major-capitalisation stock by percentage gain, while Seplat Energy recorded the largest absolute gain at N241.80 per share.

Against that mark, this week’s close is higher by only about 156 points, or N141 billion in market value, and a remarkable recovery from previous week when the market lost N3.52 trillion in equities valuation during the week ended November 6, 2026.

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