Latest / Green Ticker Tales / NGX Midday Update May 6, 2026
Transcript
- 0:00Good afternoon. Welcome to today's midday update. What are we seeing so far? Let's start with the All Share Index. The All Share Index is marginally in the green. It's up by 0.05%. It seems like we are still in profit-taking mode on the NGX at the moment. I've seen a lot of big cap names in the red. NGX 30 is down by 0.01%. So the dip is in the banking value side of things.
- 0:28I'm looking at the index NGX AFRBVI. I believe that's the Afrinvest Banking Value Index. If my nomenclature is correct, it's in the red, down by 0.54%. Let's see, what is the banking index doing? The banking index is down by 0.15%. So consumer goods index is down by 0.16%. So lots of red in the market today. Let's start with the premium side of things. Assets in the red, current price 24.9.
- 0:58Tango Decement at 999.6. Tango Decement at 999.6. Let's see where it closes at today. It made history yesterday when it crossed the 1,000 Naira level. So let's see if it falls back a bit. First holds go in the green. Current price is 61. MTN Nigeria at 828.8 is in the red. MTN Nigeria was one of the stocks that pulled down the market yesterday. And it seems like...
- 1:25We're still seeing it in the red. Current price is 828.8. UBA in the red at 41.35. Current price WAPCO at 329. Zenit Bank at 127.4. CEPLAT is the odd one out. The outlier CEPLAT is trading at 11,800 Naira. Let's see if we close this year about 10K CEPLAT shares or 10,000 CEPLAT shares are traded so far.
- 1:51uh today let's go to the other side of things aradel is at 1 8 50 down 30 nairas aradel in the red uh boy cemented the red at four nine point four a cap cap is one of the outliers kappa 193.2 cap is trading i believe at a 50 week to 52 week high and possibly could be an all-time high for cap if it closes um here uh champion brew is at 14.9 up 40 copper champions in the green charms in the green
- 2:21as well current price for charm is 3.29 uh cornhole plc comes on the hallmark pushing higher currently trading at 6.5 6 now 50 couple uh so it's pushing higher i wonder if we to close here i'm not sure what's driving this stock because you're running the red slightly in the red down 75 couple current price is 89.05 dangling sugar pushing higher uh if you do guys 88 the stock is at 89.95 so let's see where we go from here eti at 80.
- 2:50naira down by 65 copper uh fcm being the green up by five copper current price 11.1 15 uh recovering 15 and 103 52 guys 105.35 so what's happening it's a mix are we having a rotational play are we having a rotational play uh money leaving the big caps and moving into the small caps and mid caps i guess would have to pay attention gtco at 140 52 week high this is the 52 week high for gtco ladies and gentlemen
- 3:20This is a 52-week high. Let's see if it closes here today. At 12.6 million, GTCO shares are traded so far. HM Call at 3.7. So, Ikeja Hotel at 36.5 is in the red. International Brews at 12.75. What is Guinness doing? I have my eyes on Guinness Nigeria. Guinness in the red at 402.6. Can we see it close yet? Likely to close fast. At 16,000 shares, Guinness shares traded so far. So, very likely to close fast.
- 3:47a big price for 20 of a price for 2.6 that is the stock to pay attention to as i said at the pre-market video i did this morning guinness is currently trading at 23 times and it's going by yesterday's closing price if we have guinness close at this range you're looking at 20 times and it's i will make it the second cheapest stock among the four brewers four big bras listed on the ngx so nigerian brew is in the red and jump reviews in the red what are we seeing 79.9
- 4:16That's the stock to pay attention to. Nestle at 3139.4. So, I mean, you have lots of red. NGS Group at 155.95. It's down 2.53%. What is the bid-offer spread for this stock? Bid price 158, upper price 155.19. I'm not quite sure if it's a glitched in of my eyes, but it just seems rather odd that you have a bid price higher than the offer price. It should be the other way.
- 4:43The offer price should be higher than the bid price because you want to buy cheap and you want to sell as high as possible. Okomo in the red, 1605. 73k traded so far. It's down 8.29%. It's likely to close flat. Red Star Express in the red. Current price 25.35. Team volume traded so far. So for a lot of stocks with team volumes in the red, I might skip some of them. Stambik in the red, 162.5. It's down by 8.19%.
- 5:11178k trade so far today uacn in the red 184.9 are down by 2.68 percent i pay close attention to that stock ladies and gentlemen vital forms still pushing higher vital format 180 52 week high is 187 so we're going to see this stock breach the 52 week high are we going to see that happen we'll pick up 2.69 our pick one of the stocks in the green are picking the green
- 5:36Where are we in percentage terms? Let's see what we have. WAPIC is up 8.91%. So that's a big bounce for WAPIC. When my bank is still holding above the 39 mark, current price is 30.6. It's up by 0.82%. You have to keep paying attention to this stock. So let's go see what are the top gainers and losers at the moment, ladies and gentlemen. What do we have?
- 6:03charms leading the gainers up 10 percent coin price 3.3 cap up 9.99 coin price 193.2 as it is is up 9.97 current price is 27.58 uh so on the loser's side of things sooner assurance trading at 4.05 down 10 percent coverton is currently at 5.5 down it's 0.33 percent uh guinea insurance is down 5.61 currently trading at 1.01
- 6:33that's what we're seeing that's what we're seeing that's what we're seeing uh go back again let's go see the volume and value side of things what stocks are leading the way on the volume side of things access corporation uh pole position 31.6 million shares to that champs next 29.7 million shares to it fourth place i've closely following chance nl cell tech 26.1 million shares today on the value side of things you have zenith bank 2.5 to billion naira water shares traded mtn next
- 7:031.8 billion naira worth of shares traded. Closely following MTN is GTCO with 1.78 billion naira worth of shares traded. We round up the midday update going through the NGS corporate disclosure page to see if we have anything major that has come out so far. Okay, directors dealing in VitaFund. That really happens. Let's see if it's a large one. That's not very large. Purchase of 3,000 shares at 154 by an ED. Gambo Dahiru.
- 7:32That's my big news. Other than that, yesterday you had a flood of director dealings filed by VFD Group. So there's not much to see here. I'll see you at market close.