NGX rakes in N5.6trn gain as market cap hits N152.7trn

The Nigerian stock market closed on a bullish note on Wednesday, April 29, 2026, recording a gain of N5.554 trillion for investors at the end of the trading session.

The rally was driven by increased investor interest in high- and mid-cap stocks, including Airtel Africa, Zichis Agro Allied Industries, UAC of Nigeria, CAP, Jaiz Bank, and 45 others.

The market capitalisation rose from N147.174 trillion to N152.728 trillion, representing a 3.77 per cent increase.

The All-Share Index also gained 8,625.79 points, or 3.77 per cent, advancing from 228,579.80 to 237,205.59.

The Year-to-Date return grew by 52.43 per cent, while the market breadth closed positive with 50 gainers against 43 losers.

Airtel Africa, UAC of Nigeria, CAP, and Zichis Agro Allied Industries led the gainers’ chart by 10 per cent each, settling at N3,021.30, N165, N132, and N19.80 per share, respectively.

Jaiz Bank soared by 9.99 per cent, ending the session at N8.81 per share.

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On the flip side, Cadbury and John Holt led the losers’ chart by 10 per cent each, finishing at N66.15 and N12.60 per share, respectively.

E-Tranzact declined by 9.97 per cent, finishing at N15.80, Morison dipped by 9.92 per cent, settling at N10.62, while Haldane McCall shed by N9.74 per cent, closing at N3.43 per share.

1.33 billion shares valued at N69.09 billion were traded across 83,445 transactions, compared to 907.9 million shares worth N68.24 billion that was exchanged in 72,886 deals on Tuesday.

Access Corporation led the market in both volume and value, with 281.31 million shares traded worth N7.29 billion, representing 21.09 per cent and 10.55 per cent of the day’s total volume and value, respectively.