May Magic! Nigerian Stock Market Investors Gain N3.9 Trillion Despite Global Uncertainties ✨
In a month marked by global economic jitters and ongoing trade tensions, Nigerian stock market investors had reasons to smile as they pocketed a staggering ₦3.966 trillion gain in May 2025. This bullish performance came as a surprise to many analysts given the backdrop of international uncertainty.
Market Overview:
• Market Capitalization surged from ₦66.496 trillion at the end of April to ₦70.662 trillion in May — a gain of nearly ₦4 trillion in just one month.
• The NGX All-Share Index (ASI) climbed 5.6%, from 105,800.62 points in April to 111,742.01 points in May.
Week-on-Week Gains:
• Last week alone, the ASI rose 2.5%, and market capitalization increased by ₦1.7 trillion.
• This strong momentum pushed Year-to-Date (YtD) returns to 8.6%, showcasing solid market resilience.
Key Drivers of the Bullish Run:
• Airtel Africa’s $10 million share buy-back programme sparked renewed investor interest, helping to drive prices higher.
• Significant gains were also recorded in:
• BUA Foods: +5.3%
• MTN Nigeria: +3.7%
• Transcorp Hotels: +6.5%
Sectoral Performance:
Despite a slight dip in trading volume (–3.5% W/W), the value of traded stocks spiked by 59.6%, highlighting increased investor appetite.
Sector-by-sector gains include:
• Consumer Goods: +3.8%
• Insurance: +1.0%
• Banking: +0.7%
• Industrial Goods: +0.3%
One exception was the:
• ⛽ Oil & Gas Sector: which declined by –2.1%
What Analysts Are Saying:
• Cordros Research: Predicts a cautiously optimistic outlook, urging investors to watch macroeconomic updates and corporate disclosures closely.
• InvestData Consulting: Notes the continued bullish positioning by investors and improving risk appetite, even as global oil markets remain sensitive to supply-side and policy shifts.
Key Takeaway for Investors:
The Nigerian market’s May rally reflects growing confidence among domestic investors and selective bets on fundamentally sound large- and mid-cap stocks. While the short-term outlook may be mixed due to global tensions, the medium-to-long-term sentiment remains strong for investors who stay informed and diversified.
Are you positioned to ride the wave in June?
Stay connected to your portfolio and community — knowledge is your edge!
In a month marked by global economic jitters and ongoing trade tensions, Nigerian stock market investors had reasons to smile as they pocketed a staggering ₦3.966 trillion gain in May 2025. This bullish performance came as a surprise to many analysts given the backdrop of international uncertainty.
Market Overview:
• Market Capitalization surged from ₦66.496 trillion at the end of April to ₦70.662 trillion in May — a gain of nearly ₦4 trillion in just one month.
• The NGX All-Share Index (ASI) climbed 5.6%, from 105,800.62 points in April to 111,742.01 points in May.
Week-on-Week Gains:
• Last week alone, the ASI rose 2.5%, and market capitalization increased by ₦1.7 trillion.
• This strong momentum pushed Year-to-Date (YtD) returns to 8.6%, showcasing solid market resilience.
Key Drivers of the Bullish Run:
• Airtel Africa’s $10 million share buy-back programme sparked renewed investor interest, helping to drive prices higher.
• Significant gains were also recorded in:
• BUA Foods: +5.3%
• MTN Nigeria: +3.7%
• Transcorp Hotels: +6.5%
Sectoral Performance:
Despite a slight dip in trading volume (–3.5% W/W), the value of traded stocks spiked by 59.6%, highlighting increased investor appetite.
Sector-by-sector gains include:
• Consumer Goods: +3.8%
• Insurance: +1.0%
• Banking: +0.7%
• Industrial Goods: +0.3%
One exception was the:
• ⛽ Oil & Gas Sector: which declined by –2.1%
What Analysts Are Saying:
• Cordros Research: Predicts a cautiously optimistic outlook, urging investors to watch macroeconomic updates and corporate disclosures closely.
• InvestData Consulting: Notes the continued bullish positioning by investors and improving risk appetite, even as global oil markets remain sensitive to supply-side and policy shifts.
Key Takeaway for Investors:
The Nigerian market’s May rally reflects growing confidence among domestic investors and selective bets on fundamentally sound large- and mid-cap stocks. While the short-term outlook may be mixed due to global tensions, the medium-to-long-term sentiment remains strong for investors who stay informed and diversified.
Are you positioned to ride the wave in June?
Stay connected to your portfolio and community — knowledge is your edge!