On May 15, 2026, sellers drove Nigerian equities lower as trading opened cautiously.
The All-Share Index dropped 0.76% to 250,330.9 points from 252,243.1 previously.
Market Opens Under Selling Pressure
Heavyweight losses in Aradel and Nigerian Breweries dragged sentiment downward.
As a result, market capitalisation fell to ₦160.4 trillion from ₦161.6 trillion.
Strong Trading Activity Despite Market Weakness
However, buyers and sellers both lifted activity across the exchange.
Trading volume surged to 1.08 billion shares from 852 million earlier.
Chams dominated activity as investors exchanged 328.5 million shares.
Meanwhile, UBA recorded 61.59 million shares, followed by First HoldCo with 58.6 million.
Secure Electronic Technology attracted 51.87 million shares during trading.
In addition, Access Holdings posted 51.83 million units.
Aradel led value trades as investors exchanged ₦9.4 billion worth of shares.
Similarly, NGX Group followed with ₦6.6 billion in transactions.
Read Also: Nigerian Breweries Rallies Over 9% As Market Value Hits ₦161Tn
Sector weakness deepens but insurance defies trend.
Overall, sentiment weakened for a third straight session.
Gainers, Losers And Sector Trends
Consequently, year-to-date returns slipped to 60.87% from 62.10%.
ABC Transport and May & Baker led gainers as both stocks rose 10%.
Likewise, SCOA, Trans Nationwide Express, and Daar Communications advanced strongly.
On the flip side, Zichis and FTN Cocoa fell 9.97% and 9.95%. TIP, LivingTrust, and Red Star Express also recorded sharp losses.
Furthermore, Aradel dropped 8.69%, while Nigerian Breweries declined 6.51%.
MTN Nigeria and Lafarge also closed lower under pressure.
However, Wema Bank gained 1.54% against the trend.
In banking, Access Holdings rose 3.00% and UBA added 0.69%.
Meanwhile, First HoldCo, GTCO, and Zenith Bank declined.
Sectorally, Oil and Gas led losses, falling 4.43%.
Consumer Goods, Banking, and Industrial Goods also slipped slightly.
In contrast, Insurance gained 2.42% as the only positive sector.
Finally, the market rose 3.32% month-to-date but lost momentum near 250,000.