The Nigerian Exchange (NGX) closed on a positive note on May 6 with 0.41 percent to settle at 242,729.5, up from the previous day’s close of 241,750.15, just as telecom giant, Airtel Africa lead the gainers’ chart.
The upward movement was supported by stronger trading activity, as total volume rose to 1.4 million units exchanged across 85,804 deals, exceeding the prior session’s 1.2 million units.
This activity translated into a total market value of N59.4 billion, with overall market capitalization rebounding to N155.7 trillion from N155.1 trillion recorded in the previous session. On the activity chart, CWG dominated both volume and value, recording 421.6 million units traded and leading turnover with transactions worth N8.8 billion.
According to the data, trading sentiment strengthened on May 6, 2026, as the year-to-date return edged higher to 55.98 percent, up slightly from 55.4 percent recorded in the previous trading session. On the gainers’ chart, Airtel Africa and Chemical & Allied led the advance, posting gains of 10.00 percent and 9.99 percent, respectively, to top the day’s performers.
However, bearish pressure surfaced in select counters, with Sunu Assurances and Guinness leading the laggards after declining by 10.00 percent and 9.99 percent, respectively. In terms of trading activity, CWG dominated the volume chart with 421.6 million shares exchanged, followed by Access Holdings at 85.4 million units and Chams at 83.3 million units.
Secure Electronic Technology recorded a turnover of 59.7 million shares, while Zenith Bank followed with 56.02 million shares. On the value chart, CWG led with transactions worth N8.8 billion, ahead of MTNN at N7.5 billion, while Zenith Bank, GTCO, and Dangote Sugar posted N7.1 billion, N6.2 billion, and N4.1 billion, respectively.
Top 5 Gainers Airtel Africa — up 10.00 percent to N3,323 Chemical & Allied — up 9.99 percent to N193.20 Zichis — up 9.97 percent to N27.58 RT Briscoe — up 9.95 percent to N14.15 DeaP Capital — up 9.92 percent to N5.54 Top 5 Losers Sunu Assurances — down 10.00 percent to N4.05 Guinness — down 9.99 percent to N402.60 Caverton — down 8.33 percent to N5.50 Fortis Global Insurance — down 7.69 percent to N1.08 May & Baker — down 6.82 percent to N41.00 SWOOTs Performance Among SWOOTs, performance was largely positive, with Dangote Sugar advancing 8.42 percent.
Wema Bank gaining 5.44 percent, and International Breweries posting a modest increase of 1.57 percent. On the downside, MTN Nigeria declined by 4.29 percent, while Nigerian Breweries recorded a marginal dip of 0.06 percent.
