…NASD Security Index (NSI) advanced by 1.18% to 4,158.77 points
FRI MAY 08 2026-theGBJournal| The Nigerian equities market traded with mixed sentiments this week but ultimately closed on a positive note on Friday, as investors digested the last batch of Q1-26 corporate earnings releases.
Precisely, gains in DANGCEM (+12.2%), AIRTELAFRI (+10.0%), and BUACEMENT (+2.4%) outweighed sell pressures in MTNN (-12.5%), WAPCO (-5.7%), and GUINNESS (-19.0%), lifting the All-Share Index by 1.0% w/w to 244,775.83 points.
Consequently, the month-to-date and year-to-date returns settled at +1.0% and +57.3%, respectively, while market capitalisation rose by N1.10 trillion to settle at N157.09 trillion.
Similarly, all other indices finished higher with the exception of NGX CG, NGX Premium, NGX Pension, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Oil & Gas, and NGX Commodity which depreciated by 0.26%, 1.69%, 0.60%, 2.12%, 0.16%, 2.80%, 3.27% and 2.26% respectively while NGX Sovereign Bond closed flat.
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 N30.098 billion in 24,954 deals, contributing 22.46% and 9.28% to the total equity turnover volume and value respectively.
On market participation, trading volume and value increased by 69.8% w/w and 28.0% w/w, respectively. Sectoral performance was mixed, as the Industrial Goods (+5.1%), Insurance (+4.0%), Banking (+1.9%) and Consumer Goods (+1.8%) indices advanced, while the Oil & Gas (-3.3%) index declined.
Meanwhile, the NASD OTC Market closed on a positive note, as the NASD Security Index (NSI) advanced by 1.18% to 4,158.77 points, while market capitalisation increased by the same margin to settle at N2.49 trillion.
Market activity was stronger during the session, with traded volume and value advancing by 41.83% and 11.37%, respectively.
SDLIGHTFSP (+8.14%) emerged as the top gainer in today’s session, while SDGEFLUID (-6.90%) led the decliners’ chart.
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