NGX closes higher as 69 equities appreciate in one week
Nigerian Exchange Group NGX
Nike Popoola
The NGX All-Share Index and Market Capitalization appreciated by 0.71% to close the week at 244,775.83 and ₦157.094 trillion respectively.
Figures from the Nigerian Exchange Group (NGX) showed as of the end of trading on Friday 8, May 2026.
Sixty-nine (69) equities appreciated in price during the week, higher than fifty-two (52) equities in the previous week. Thirty-six equities depreciated in price, lower than fifty-three (53) equities in the previous week, while forty-one (41) equities remained unchanged, same as than forty-one (41) recorded in the previous week.
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.
A total turnover of 7.075 billion shares worth ₦324.351 billion in 474,436 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 4.842 billion shares valued at ₦287.756 billion that exchanged hands last week in 332,453 deals.
The Financial Services Industry (measured by volume) led the activity chart with 4.260 billion shares valued at ₦131.483 billion traded in 179,609 deals: thus contributing 60.22% and 40.54% to the total equity turnover volume and value respectively. The ICT Industry followed with 769.239 million shares worth ₦45.315 billion in 61,820 deals. Third place was the Investment Industry, with a turnover of 544.809 million shares worth ₦5.776 billion in 2,243 deals.
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 deals, contributing 22.46% and 9.28% to the total equity turnover volume and value respectively.
