Investors gained N505 billion as the equity market recovered from the bearish trading of last week.
The market gained in two of the three trading sessions due to the Eid-el-Kabir holidays.
Market value increased to N160.509 trillion from N160.004 trillion recorded last week, while the All-Share Index (ASI) appreciated by 0.27% to close the week at 250,385.47 up from the 249,712.37 points recorded the previous week.
The Nigerian equities market began the week on Monday, May 25, 2026, on a bullish note, with investors gaining N905 billion by the end of the trading session.
The trend was reversed on Tuesday, May 26, 2026, as investors lost N888 billion in five hours.
The market was closed on Wednesday and Thursday due to a public holiday by the Federal Government to celebrate 2026 Eid-el-Kabir celebration.
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The market retured from the break on Friday, May 29, 2026, with N414 billion profit for investors.
Meanwhile, a total turnover of 2.398 billion shares worth ₦111.480 billion in 241,313 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.875 billion shares valued at ₦161.757 billion that exchanged hands last week in 334,745 deals.
The Financial Services Industry (measured by volume) led the activity chart with 1.656 billion shares valued at ₦48.229 billion traded in 94,812 deals: thus contributing 69.07% and 43.26% to the total equity turnover volume and value respectively.
The Services Industry followed with 265.448 million shares worth ₦4.530 billion in 19,443 deals.
In third place was the ICT Industry, with a turnover of 101.848 million shares worth ₦9.163 billion in 24,858 deals.
Trading in the top three equities, namely Fidelity Bank Plc, Access Holdings Plc and The Initiates Plc (measured by volume), accounted for 903.681 million shares worth ₦19.227 billion in 22,238 deals, contributing 37.69% and 17.25% to the total equity turnover volume and value respectively.
Thirty-four (34) equities appreciated in price during the week lower than thirty-eight (38) equities in the previous week. Fifty-one (51) equities depreciated in price, lower than fiftyfive (55) equities in the previous week, while sixty-one (61) equities remained unchanged, higher than fifty-three (53) recorded in the previous week.
International Energy Insurance Plc recorded the largest percentage share price increase, gaining 32.55%, followed by Sovereign Trust Insurance Plc, which increased its share price by 20.61% in the process.
Tantaliser Plc also increased its share price by 18.40%
On the flip side, Dangote Sugar Plc recorded the largest percentage share price decline, losing 18.22%, followed by TIP, which decreased its share price by 15.98% in the process.
Premier Paints Plc also shed its share price by 10.00%.
By: Babajide Okeowo
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