Nigeria Exchange breaks 244,000 mark as five stocks hit gain limits

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May 11, 2026

Nigeria Exchange breaks 244,000 mark as five stocks hit gain limits

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The Nigerian Exchange closed Friday, 8 May 2026 in the green, advancing 4,936.03 points to settle at 244,670.65, reflecting broad-based positive sentiment across listed equities.

Key takeaways

The Nigerian Exchange closed Friday, 8 May 2026 in the green, advancing 4,936.03 points to settle at 244,670.65, reflecting broad-based positive sentiment across listed equities.
Tracked by the All-Share Index, the market posted a 2.1% gain from the prior close of 239,734.62, supported by sustained trading momentum and volume reaching 1.06 billion units.
This performance fed into broader market value, as capitalization rose to N157.02 trillion from N153.85 trillion, with transactions standing at 69,996 deals across active counters.
Five stocks—Dangote Cement, MeCure, Cadbury, Neimeth, and LivingTrust Mortgage—hit the NGX’s 10.00% daily price gain limits.

The Nigerian Exchange closed Friday, 8 May 2026 in the green, advancing 4,936.03 points to settle at 244,670.65, reflecting broad-based positive sentiment across listed equities.

Tracked by the All-Share Index, the market posted a 2.1% gain from the prior close of 239,734.62, supported by sustained trading momentum and volume reaching 1.06 billion units.

This performance fed into broader market value, as capitalization rose to N157.02 trillion from N153.85 trillion, with transactions standing at 69,996 deals across active counters.

Five stocks—Dangote Cement, MeCure, Cadbury, Neimeth, and LivingTrust Mortgage—hit the NGX’s 10.00% daily price gain limits.

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This article is based on mystocks.africa market data, editorial review, and the sources linked in the article body.

Citation: mystocks.africa, "Nigeria Exchange breaks 244,000 mark as five stocks hit gain limits", updated 2026-05-11, https://mystocks.africa/blog/nigeria-exchange-breaks-244-000-mark-as-five-stocks-hit-gain-limits

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