The Nigerian equities market reversed its recent rally last week, wiping out N1.4 trillion in investor value as profit-taking dampened sentiment across key sectors.
Market capitalisation declined to N123.7 trillion from N125.1 trillion recorded in the previous week. Similarly, the All-Share Index (ASI) shed 1.11 per cent to close at 192,826.78 points, down from 194,989.77.
Despite the broader market downturn, select counters demonstrated resilience, posting notable gains and earning a spot among the top-performing stocks. Among them are Fortis Global Insurance Plc, Okomu Oil Palm Plc and Infinity Trust Mortgage Bank Plc.
This report is for informational purposes only and does not constitute investment advice. Investors are advised to consult financial professionals before making investment decisions.
Fortis Global Insurance Plc (FTGINSURE)
Fortis Global Insurance closed trading on Friday, February 27, 2026, at N0.94 per share on the Nigerian Exchange (NGX), representing a 9.3 per cent gain from its previous close of N0.86.
The stock has delivered a remarkable year-to-date performance, surging 370 per cent from its opening price of N0.20 at the start of the year. This places it third among the best-performing stocks on the NGX so far in 2026.
Trading activity has also been robust. Over the past three months (November 28, 2025 – February 27, 2026), Fortis ranked as the 33rd most traded stock on the Exchange. A total of 457 million shares were exchanged in 1,419 deals, valued at N363 million. The stock recorded an average session volume of 7.26 million shares worth N5.77 million, with a peak daily volume of 194 million shares on February 25.
Okomu Oil Palm Plc (OKOMUOIL)
Okomu Oil Palm ended the week flat at N1,765.00 per share.
The agribusiness firm has maintained strong year-to-date momentum, rising 61.2 per cent from its opening price of N1,095.00. Over the past four weeks alone, the stock appreciated by 46 per cent, ranking 13th on the NGX within that period.
In terms of trading volume, Okomu ranked 108th on the Exchange over the past three months. Investors traded 17.9 million shares across 37,834 deals, valued at N23.1 billion. The stock averaged 283,484 shares per session, with an average daily value of N367 million. It recorded a high of 1.27 million shares traded on January 16 and a low of 58,015 shares on December 19 within the review period.
Infinity Trust Mortgage Bank Plc (INFINITY)
Infinity Trust Mortgage Bank also closed unchanged at N19.00 per share on Friday.
The mortgage lender has been one of the market’s standout performers this year, advancing 171 per cent from its opening price of N7.00. Over the last four weeks, the stock surged 111 per cent, ranking third on the NGX within that timeframe and underscoring sustained investor interest.
Between November 28, 2025, and February 27, 2026, Infinity ranked as the 117th most traded stock on the Exchange. A total of 9.15 million shares were traded in 1,239 deals, valued at N113 million. The stock averaged 145,302 shares per session, worth approximately N1.79 million, with a volume high of 1.32 million shares recorded on February 19.
