November 4, 2025
The Nigerian Stock Market Decline persisted on Tuesday as investors recorded a loss of N612 billion, extending the market’s bearish trend amid widespread sell-offs in major stocks.
The Nigerian Exchange Ltd. (NGX) market capitalisation, which opened at N97.582 trillion, fell by N612 billion to close at N96.970 trillion. The All-Share Index also dropped by 1,109.50 points or 0.72 per cent, settling at 152,629.61 points compared to 153,739.11 points on Monday.
Market analysts attributed the Stock Market Decline to sustained profit-taking and investor sentiment dampened by macroeconomic uncertainties.
A total of 41 equities closed in the red, while only 17 recorded gains, reflecting a negative market breadth.
National Salt Company and Skyway Aviation Handling Company topped the losers’ chart, both falling by 10 per cent to N99 and N89.55 per share respectively. Oando shed 9.99 per cent to close at N43.25, UPDC dropped 9.92 per cent to N5.54, while Learn Africa declined 9.86 per cent to N5.85 per share.
Conversely, Eunisell Interlinked led the gainers’ table, rising by 10 per cent to close at N64.90 per share. Sunu Assurances followed closely with a 9.98 per cent increase to N4.96, while Honeywell Flour Mill appreciated by 9.72 per cent to N19.75. Livestock Feeds advanced 7.25 per cent to N7.40, and The Initiates gained 4.17 per cent to close at N12.50 per share.
Despite the ongoing Stock Market Decline, market activity improved in volume though it declined in value and number of deals compared to the previous session.
Investors exchanged 683.9 million shares valued at N20.4 billion across 33,288 deals at the close of trading.
Aso Savings and Loans led in trading volume with 111.9 million shares worth N115.2 million, followed by FCMB Group with 110.1 million shares valued at N1.13 billion. Fidelity Bank traded 55.14 million shares worth N1.05 billion, while Zenith Bank recorded 38.3 million shares valued at N2.37 billion. FirstHoldCo rounded out the top five, exchanging 29.8 million shares worth N929.4 million.
Analysts say the Stock Market Decline reflects cautious investor behavior and call for long-term strategies to stabilize market sentiment and enhance liquidity. Visit GMTNewsng for more news.
