The Nigerian equities market wrapped up the first quarter of 2026 in the green, rising 29.35% with total trading volume exceeding 52 billion shares, reflecting strong investor participation.
Tracked by the All-Share Index, the market surged 45,674.8 points, climbing from an opening of 155,612.9 to close at 201,287.8, comfortably surpassing the 200,000-point milestone for the first time.
This marked the best quarterly performance since Q1 2024, when the market returned 39.8%, and represented a six-quarter winning streak after a red Q3 2024.
A closer look shows all three months in Q1 2026 ended positively, with February posting the strongest performance at 16.60%, making it the standout month for the quarter.
Although March’s 4.39% return was the lowest in the quarter, it demonstrated resilience, considering trading activity declined to just over 15 billion shares compared to over 21 billion in February.
Here are the top 10 stocks that led the performance table in Q1 2026, with Zichis Agro Allied excluded due to its mid-quarter listing and temporary trading suspension.
RT Briscoe Plc claimed the 7th spot among Q1 2026’s top gainers, climbing 175.71% with over 210 million units traded, closing the quarter at N9.65.
- The automobile dealer started the quarter at N3.50 per share, jumped 124.6% in January to close at N7.85, and broke through the N4 resistance level.
- By February, it reached N12.50 before easing back to N9.65 in March.
Investor optimism was likely fueled by strong 2025 financials, with full-year sales rising 41.14% to N40.4 billion and pre-tax profit surging 189.07% to N2.9 billion.
RT Briscoe now carries a market capitalization of N12.3 billion and has added 8.8% month-to-date in April, trading at N10.50.
