GTI Pulse| Daily Market Brief for Friday, 8th May 2026.

Equities Market

Trading activities in the Nigerian equities market closed positive today, Friday, 8th May 2026. The NGX ASI rose by 2.10% to close at 244,775.83 from 239,734.61 bringing YTD return to 57.30%. Market capitalisation increased by ₦3,167.90 million to ₦157,026.73 billion from ₦153,858.83 billion recorded at the previous trading day’s close. However, the market turnover decreased to ₦55.04 billion from ₦72.17 billion.

Market breadth increased by 3.69% to 1.45x from 1.40x, as 45 stocks advanced, 31 stocks declined, and 70 stocks remained unchanged. NEIMETH (10.00%) led the market with positive performance, while IMG (-10.00%) led the losers’ chart.

Market statistics

PreviousToday
NGX ASI239,734.6172,168,471,516.602.10
No. of Deals81,13169,996-13.72
Volume Traded1,830,094,2631,066,486,881-41.73
Market Turnover (Bn)72,168,471,516.6055,036,567,463.53-23.74
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