Categories: BusinessNews

Stock market capitalisation rises above N160trn as investors gain N3.1trn

The Nigerian stock market extended its rally on Monday, May 11, 2026, lifting market capitalisation above N160 trillion as investors recorded a combined gain of N3.162 trillion.

The market capitalisation climbed 2.01 per cent, rising from N157.094 trillion on Friday to N160.256 trillion, underscoring sustained demand across the exchange.

The All Share Index also advanced 5,709.71 points, closing at 250,485.54 and pushing the market year to date return higher.

Trading sentiment remained positive, with 59 gainers against 21 losers, a performance that reflected renewed investor confidence.

Buying interest centred on CHAMS, FTN Cocoa Processors, International Energy Insurance, Livestock Feeds, RT Briscoe, and dozens of others.

RT Briscoe, FTN Cocoa, Livestock Feeds, CHAMS, and International Energy Insurance each appreciated by 10 per cent.

Nigeria gets €4.2m boost for epidemic preparedness

On the downside, Prestige Insurance, Sovereign Trust Insurance, University Press, Ellah Lakes, and Tantalizers posted notable losses.

Market activity strengthened, with 1.49 billion shares worth N68.45 billion traded across 94,834 transactions.

Veritas Kapital led by volume, exchanging 194.63 million shares and accounting for 13.10 per cent.

By value, MTN Nigeria dominated dealings, recording trades worth N12.39 billion during the session.

Segun Ojo

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