The market lost N444bn on Wednesday as heavy selloffs in major stocks pulled the All-Share Index down by 0.49%. Despite the drop, market activity improved with 738.35 million shares traded.
November 26, 2025
The market reversed its bullish momentum on Wednesday, shedding N444 billion as renewed selloffs dragged several major stocks lower. Heavy losses in Learn Africa, Cadbury, Meyer, UPDC, International Breweries and 24 other decliners pushed the market into negative territory.
Market capitalisation dipped by N444 billion or 0.49 per cent, falling from N91.440 trillion to N90.996 trillion at the close of trading.
The All-Share Index also dropped by 698.56 points, declining by 0.49 per cent to 143,064.57 from the previous day’s 143,763.13. This downturn pushed the Year-To-Date return down to 39.00 per cent.
Despite the slip, the market breadth ended positive, with 29 gainers against 27 losers.
AIICO Insurance led the gainers with a 10 per cent rise to N3.52, followed by NCR Nigeria, which appreciated by 9.96 per cent to N49.70. Ikeja Hotel advanced 9.41 per cent to N25 per share, while Prestige Assurance gained 7.38 per cent to N1.60. Sterling Nigeria also rose 6.85 per cent to N7.80 per share.
On the losers’ list, Learn Africa fell 10 per cent to N5.22, while Cadbury dropped 9.92 per cent to N53.10. Meyer declined 9.91 per cent to N14.55, UPDC shed 8.83 per cent to N5.47, and International Breweries slipped 8.33 per cent to N11 per share.
Activity levels improved significantly, with higher trading volume, value and deal count. Investors exchanged 738.35 million shares worth N35.5 billion in 19,919 deals, compared with 556.2 million shares valued at N18.7 billion in 19,500 deals in the previous session.
GTCO led both volume and value charts, trading 134.12 million shares worth N11.57 billion.
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