NGX ROUNDUP: Bullish sentiment remains as investors raked in N1.1tr

Investors earned N1.1 trillion as equity markets continued to boom.

The market strengthened in three of the five trading sessions.

The market value increased to N157 trillion from N155.9 trillion recorded last week, while the All-Share Index (ASI) appreciated by 0.71% to close the week at 244,775.83 points, up from 242,277.81 points recorded in the previous week.

The Nigerian equity market started the week on Monday, May 4, 2026, on a bullish note, with investors gaining N64 billion by the end of the trading session.

The trend reversed on Tuesday, May 5, 2026, as investors lost N906 billion in five hours.

The bullish trend resumed on Wednesday, May 6, 2026, as investors earned N628 billion at the close of trading.

The market closed negative on Thursday, May 7, 2026, as investors lost N1.92 trillion.

The market closed positive on Friday, May 8, 2026, as investors lost N3.1 trillion.

Meanwhile, the total transactions carried out by investors on the Exchange floor this week were 7.075 billion shares worth ₦324.351 billion in 474,436 transactions, in contrast to a total of 4.842 billion shares worth ₦287.756 billion traded last week in 332,453 transactions.

The Financial Services industry (measured by volume) led the activity charts with 4.260 billion shares worth ₦131.483 billion traded in 179,609 transactions: thus contributing 60.22% and 40.54% respectively to the total volume and value of equity turnover.

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The ICT industry followed with 769.239 million shares worth ₦45.315 billion in 61,820 transactions.

In third place is the Investment Industry with a transaction value of 544.809 million shares worth ₦5.776 billion in 2,243 transactions.

Trading in the top three equities, namely Access Holdings Plc, VFD Group Plc and CWG Plc (measured by volume), accounted for 1.589 billion shares worth ₦30.098 billion in 24,954 transactions, contributing 22.46% and 9.28% respectively to the total volume and value of equity turnover.

Sixty-nine (69) shares appreciated this week, higher than fifty-two (52) shares in the previous week. Thirty-six equities experienced price depreciation, lower than fifty-three (53) equities in the previous week, while forty-one (41) equities remained unchanged, the same as forty-one (41) recorded in the previous week.

Cap Plc recorded the largest percentage increase in share price, gaining 60.95%, followed by Zichis Agro Allied Industries Plc, which also increased its share price by 53.17%.

FTN Cocoa Processors Plc also increased its share price by 50.91%

On the other hand, NAHCO recorded the largest percentage decline in share price, losing 20.95%, followed by Guinness Nig Plc, which dropped its share price by 18.99%.

Access Holdings Plc also lowered its share price by 12.59%.

By: Babajide Okeowo