All-Share index slips 0.76% but holds 250,000 level

The Nigerian All-Share Index slipped 0.76% on 15 May 2026, closing at 250,330.9 from the previous session’s 252,243.1, pressured by declines in Aradel, Nigerian Breweries, and other large-cap stocks.

Market capitalisation mirrored the downturn, easing to N160.4 trillion from N161.6 trillion, reflecting weaker sentiment across equities.

Despite the decline, trading activity remained strong, with volume rising to 1.08 billion units compared to 852 million units exchanged in the previous session.

Chams led the volume chart with 328.5 million shares traded, while Aradel recorded the highest value turnover at N9.4 billion.

What the data is saying 

Trading sentiment remained weak on 15 May 2026, marking a third straight day of losses as year-to-date performance slipped to 60.87% from 62.10%.

• Despite the broader downturn, ABC Transport and May & Baker stood out on the gainers’ chart, each advancing 10% to lead positive performers for the session.
• Conversely, bearish pressure dominated select counters, with Zichis and FTN Cocoa topping the losers’ list after declining 9.97% and 9.95%, respectively.

In terms of activity, Chams led the volume chart with 328.5 million shares exchanged, followed by UBA with 61.59 million units and First HoldCo at 58.6 million units.

• Secure Electronic Technology recorded 51.87 million shares traded, while Access Holdings followed closely with 51.83 million units, rounding out the most active stocks by volume.

On the value chart, Aradel dominated with N9.4 billion in transactions, ahead of NGX Group at N6.6 billion, while First HoldCo, UBA, and GTCO posted N4.1 billion, N2.7 billion, and N2.4 billion, respectively.

Top 5 Gainers 

•  ABC Transport — up 10.00% to N6.27
• May & Baker — up 10.00% to N47.30
• SCOA — up 9.98% to N33.05
•  Trans Nationwide Express — up 9.97% to N7.06
•  Daar Communications — up 9.76% to N2.25

Top 5 Losers 

• Zichis — down 9.97% to N29.43
• FTN Cocoa — down 9.95% to N8.96
• TIP — down 9.90% to N32.30
• LivingTrust — down 9.88% to N3.83
•  Red Star Express — down 9.87% to N31.90

SWOOTs Performance 

Among stocks worth over one trillion naira (SWOOTs), performance skewed negative, as Aradel fell 8.69%, Nigerian Breweries shed 6.51%, MTN Nigeria declined 1.80%, and Lafarge slipped 0.62%.

However, Wema Bank gained 1.54%.

FUGAZ Performance 

Within the FUGAZ banking group, sentiment remained broadly weak, as First HoldCo declined 2.51%, GTCO slipped 0.47%, and Zenith Bank fell 0.85%.

Access Holdings, however, gained 3.00%, while UBA edged higher by 0.69%.

What You Should Know 

• Month-to-date, the Nigerian All-Share Index has risen just 3.32%, reflecting a slowing momentum in recent sessions.
• Despite trading above the 250,000-point level, the market appears stretched and may face a pullback if bearish pressure persists in heavyweight stocks.
• Sector performance was largely negative, with the NGX Oil and Gas index down 4.43%, Banking slipping 0.15%, Consumer Goods falling 0.90%, and Industrial Goods easing 0.08%.
• The NGX Insurance index bucked the trend, emerging as the only gainer with a 2.42% increase.

The Nigerian All-Share Index slipped 0.76% on 15 May 2026, closing at 250,330.9 from the previous session’s 252,243.1, pressured by declines in Aradel, Nigerian Breweries, and other large-cap stocks.

Market capitalisation mirrored the downturn, easing to N160.4 trillion from N161.6 trillion, reflecting weaker sentiment across equities.

Despite the decline, trading activity remained strong, with volume rising to 1.08 billion units compared to 852 million units exchanged in the previous session.

Chams led the volume chart with 328.5 million shares traded, while Aradel recorded the highest value turnover at N9.4 billion.

What the data is saying 

Trading sentiment remained weak on 15 May 2026, marking a third straight day of losses as year-to-date performance slipped to 60.87% from 62.10%.

• Despite the broader downturn, ABC Transport and May & Baker stood out on the gainers’ chart, each advancing 10% to lead positive performers for the session.
• Conversely, bearish pressure dominated select counters, with Zichis and FTN Cocoa topping the losers’ list after declining 9.97% and 9.95%, respectively.

In terms of activity, Chams led the volume chart with 328.5 million shares exchanged, followed by UBA with 61.59 million units and First HoldCo at 58.6 million units.

• Secure Electronic Technology recorded 51.87 million shares traded, while Access Holdings followed closely with 51.83 million units, rounding out the most active stocks by volume.

On the value chart, Aradel dominated with N9.4 billion in transactions, ahead of NGX Group at N6.6 billion, while First HoldCo, UBA, and GTCO posted N4.1 billion, N2.7 billion, and N2.4 billion, respectively.

Top 5 Gainers 

•  ABC Transport — up 10.00% to N6.27
• May & Baker — up 10.00% to N47.30
• SCOA — up 9.98% to N33.05
•  Trans Nationwide Express — up 9.97% to N7.06
•  Daar Communications — up 9.76% to N2.25

Top 5 Losers 

• Zichis — down 9.97% to N29.43
• FTN Cocoa — down 9.95% to N8.96
• TIP — down 9.90% to N32.30
• LivingTrust — down 9.88% to N3.83
•  Red Star Express — down 9.87% to N31.90

SWOOTs Performance 

Among stocks worth over one trillion naira (SWOOTs), performance skewed negative, as Aradel fell 8.69%, Nigerian Breweries shed 6.51%, MTN Nigeria declined 1.80%, and Lafarge slipped 0.62%.

However, Wema Bank gained 1.54%.

FUGAZ Performance 

Within the FUGAZ banking group, sentiment remained broadly weak, as First HoldCo declined 2.51%, GTCO slipped 0.47%, and Zenith Bank fell 0.85%.

Access Holdings, however, gained 3.00%, while UBA edged higher by 0.69%.

What You Should Know 

• Month-to-date, the Nigerian All-Share Index has risen just 3.32%, reflecting a slowing momentum in recent sessions.
• Despite trading above the 250,000-point level, the market appears stretched and may face a pullback if bearish pressure persists in heavyweight stocks.
• Sector performance was largely negative, with the NGX Oil and Gas index down 4.43%, Banking slipping 0.15%, Consumer Goods falling 0.90%, and Industrial Goods easing 0.08%.
• The NGX Insurance index bucked the trend, emerging as the only gainer with a 2.42% increase.