Nigerian Breweries jumps over 9% as All-Share Index hits N161 trillion value

The Nigerian Exchange extended its rally on May 12, 2026, with the All-Share Index rising by 1,926.1 points to settle at 252,411.7, as Nigerian Breweries and Aradel led gains among trillion-naira stocks.

Amid stronger investor activity, the All-Share Index gained 0.77% from the previous close of 250,485.6, while total trading volume expanded to 2.02 billion units.

Consequently, market capitalization advanced to N161.6 trillion across 80,888 deals, up from the N160.2 trillion recorded in the previous session.

On the activity chart, CWG recorded the highest traded volume with 432.8 million units, while UBA topped the value chart at N16.7 billion.

What the data is saying 

Trading sentiment remained firmly positive on May 12, 2026, as the market’s year-to-date return advanced to 62.20%, up from 60.97% recorded in the previous session.

• Reflecting the strong momentum, University Press, UHOMREIT, and Ikeja Hotel topped the gainers’ chart after each recording the maximum 10% price appreciation.

Despite the broad-based rally, bearish pressure persisted across selected counters, with Fortis Global Insurance and Custodian Investment leading the laggards after declining by 9.65 and 9.52%, respectively.

On the volume chart, CWG emerged as the most actively traded stock with 432.8 million shares exchanged, followed by UBA at 407 million units and C&I Leasing at 152.1 million units.

Elsewhere, Access Holdings also posted notable trading activity with 114.7 million shares traded, while Fidelity Bank recorded a turnover of 90 million shares.

Meanwhile, UBA led the value chart with transactions worth N16.7 billion, ahead of Aradel at N10.5 billion, while CWG, MTNN, and Zenith Bank recorded turnovers of N9.5 billion, N9.1 billion, and N7.9 billion, respectively.

Top 5 Gainers  

• Ikeja Hotel — up 10.00% to N39.60
• University Press — up 10.00% to N4.40
• UHOMREIT — up 10.00% to N84.70
• Zichis — up 9.98% to N40.35
• FTN Cocoa — up 9.97% to N10.04

Top 5 Losers 

• Fortis Global Insurance — down 9.65% to N1.03
• Custodian Investment — down 9.52% to N81.25
• NPF Microfinance Bank — down 8.33% to N5.50
• AIICO Insurance — down 7.74% to N4.41
• Honeywell Flour Mills — down 5.41% to N17.50

SWOOTs performance 

Among stocks with market capitalizations above N1 trillion, sentiment remained largely positive, as Nigerian Breweries advanced by 9.94%, Aradel gained 6.89%, Wema Bank rose 5.11%, while MTN recorded a marginal 0.04% increase.

On the downside, Lafarge Africa shed 0.29%.

FUGAZ performance 

Performance across the FUGAZ banking group remained firmly bullish, led by Access Holdings with a 6.22% gain, followed by First HoldCo at 5.97%, UBA at 3.55%, and Zenith Bank at 2.27%.

GTCO, however, bucked the positive trend after slipping by 0.69% during the trading session.

What you should know 

• The All-Share Index closed at 252,411.7, marking the highest level the Nigerian stock market has ever attained.
• Supporting the rally, trading activity remained robust, with strong volumes reflecting broad investor participation, particularly across large-cap counters.
• The latest advance also extends the market’s recovery streak to three consecutive sessions, following the 1.23% decline recorded on May 7, 2026.

The Nigerian Exchange extended its rally on May 12, 2026, with the All-Share Index rising by 1,926.1 points to settle at 252,411.7, as Nigerian Breweries and Aradel led gains among trillion-naira stocks.

Amid stronger investor activity, the All-Share Index gained 0.77% from the previous close of 250,485.6, while total trading volume expanded to 2.02 billion units.

Consequently, market capitalization advanced to N161.6 trillion across 80,888 deals, up from the N160.2 trillion recorded in the previous session.

On the activity chart, CWG recorded the highest traded volume with 432.8 million units, while UBA topped the value chart at N16.7 billion.

What the data is saying 

Trading sentiment remained firmly positive on May 12, 2026, as the market’s year-to-date return advanced to 62.20%, up from 60.97% recorded in the previous session.

• Reflecting the strong momentum, University Press, UHOMREIT, and Ikeja Hotel topped the gainers’ chart after each recording the maximum 10% price appreciation.

Despite the broad-based rally, bearish pressure persisted across selected counters, with Fortis Global Insurance and Custodian Investment leading the laggards after declining by 9.65 and 9.52%, respectively.

On the volume chart, CWG emerged as the most actively traded stock with 432.8 million shares exchanged, followed by UBA at 407 million units and C&I Leasing at 152.1 million units.

Elsewhere, Access Holdings also posted notable trading activity with 114.7 million shares traded, while Fidelity Bank recorded a turnover of 90 million shares.

Meanwhile, UBA led the value chart with transactions worth N16.7 billion, ahead of Aradel at N10.5 billion, while CWG, MTNN, and Zenith Bank recorded turnovers of N9.5 billion, N9.1 billion, and N7.9 billion, respectively.

Top 5 Gainers  

• Ikeja Hotel — up 10.00% to N39.60
• University Press — up 10.00% to N4.40
• UHOMREIT — up 10.00% to N84.70
• Zichis — up 9.98% to N40.35
• FTN Cocoa — up 9.97% to N10.04

Top 5 Losers 

• Fortis Global Insurance — down 9.65% to N1.03
• Custodian Investment — down 9.52% to N81.25
• NPF Microfinance Bank — down 8.33% to N5.50
• AIICO Insurance — down 7.74% to N4.41
• Honeywell Flour Mills — down 5.41% to N17.50

SWOOTs performance 

Among stocks with market capitalizations above N1 trillion, sentiment remained largely positive, as Nigerian Breweries advanced by 9.94%, Aradel gained 6.89%, Wema Bank rose 5.11%, while MTN recorded a marginal 0.04% increase.

On the downside, Lafarge Africa shed 0.29%.

FUGAZ performance 

Performance across the FUGAZ banking group remained firmly bullish, led by Access Holdings with a 6.22% gain, followed by First HoldCo at 5.97%, UBA at 3.55%, and Zenith Bank at 2.27%.

GTCO, however, bucked the positive trend after slipping by 0.69% during the trading session.

What you should know 

• The All-Share Index closed at 252,411.7, marking the highest level the Nigerian stock market has ever attained.
• Supporting the rally, trading activity remained robust, with strong volumes reflecting broad investor participation, particularly across large-cap counters.
• The latest advance also extends the market’s recovery streak to three consecutive sessions, following the 1.23% decline recorded on May 7, 2026.