The Nigerian Exchange closed trading on a positive note on May 6, 2026, with the benchmark index rising by 0.41 per cent as investor sentiment improved across major sectors of the market.
Market data showed that the All-Share Index advanced to 242,729.5 points from the previous close of 241,750.15 points.
The gain also pushed the market capitalisation higher to N155.7tn from N155.1tn recorded in the previous trading session.
Trading activity strengthened during the session, with total volume traded increasing to 1.4 billion shares exchanged across 85,804 deals, compared to 1.2 billion units traded earlier.
The value of transactions executed during the session stood at N59.4bn.
Airtel Africa topped the gainers’ chart after its share price rose by 10 per cent, while Chemical and Allied Products Plc followed closely with a 9.99 per cent gain.
However, losses were recorded in some counters as Sunu Assurances Nigeria Plc and Guinness Nigeria Plc led the laggards with declines of 10 per cent and 9.99 per cent respectively.
On the activity chart, Computer Warehouse Group Plc dominated trading volume with 421.6 million shares exchanged.
Access Holdings Plc followed with 85.4 million units traded, while Chams Holding Company Plc recorded 83.3 million shares.
Secure Electronic Technology Plc posted a turnover of 59.7 million shares, while Zenith Bank Plc traded 56.02 million shares during the session.
In terms of value, CWG also led the market with transactions worth N8.8bn, ahead of MTN Nigeria Communications Plc, which recorded trades valued at N7.5bn.
Zenith Bank, Guaranty Trust Holding Company, and Dangote Sugar Refinery Plc also recorded strong turnover values of N7.1bn, N6.2bn, and N4.1bn respectively.
Analysts noted that the market remains below the 243,000-point threshold last crossed on May 4, adding that a sustained break above 243,161 points could strengthen bullish momentum.
Despite the positive close, market watchers cautioned that the equities market still appears overbought, suggesting investors may remain careful in the near term.
Sector performance closed broadly positive, with the NGX Insurance Index rising by 0.62 per cent and the Banking Index gaining 0.51 per cent.
The Consumer Goods Index advanced by 0.26 per cent, while the Industrial Goods Index edged up by 0.05 per cent.
However, the NGX Oil and Gas Index declined marginally by 0.01 per cent, making it the only sector to close in negative territory.
