SWOOTs Achieve N27.448 Trillion Capital Gains in Q1 2026

In the first quarter of 2026, SWOOTs achieved N27.448 trillion in capital gains, reflecting a 33.8% growth compared to the previous period. The total market capitalization for the Nigerian Exchange (NGX) reached N129.20 trillion.

The SWOOT group, comprising 24 companies, was led by MTN Nigeria, which contributed N5.23 trillion to its market cap, representing a growth of 48.73%. Conversely, Nigerian Breweries experienced the largest loss, with a decline of 3.05%, reducing its market cap to N2.26 trillion.

The SWOOT group spans eight key sectors, with the industrial goods sector being the highest contributor at N9.786 trillion, followed by the ICT/telecom sector at N6.1 trillion. New entrants Ecobank Transnational and Wema Bank added a cumulative N547.449 billion to the group.

Despite the overall growth, the average year-to-date gain for the 24 SWOOT companies was 33%, indicating a need for balanced portfolios to capture stable growth.