The Nigerian Exchange (NGX) All-Share Index fell by 0.14%, closing at 143,520.53 points, while market capitalization dropped to ₦91.286 trillion, down from ₦91.415 trillion the previous week.
- Losses: Investors collectively lost about ₦129 billion amid profit-taking across major counters.
- Indices performance: Most indices closed lower, except for selective defensive indices, including NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX AFR Div. Yield, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Lotus II, NGX Growth, and NGX Sovereign Bond, which appreciated 0.01–0.94%.
Market Activity
- Turnover: Rose to 4.14 billion shares worth ₦115.889 billion across 102,351 deals, up from 2.668 billion shares valued at ₦106.264 billion.
- Top sectors:
- Financial Services: 3.358 billion shares, ₦81.175 billion (81.1% of total volume).
- Services: 148.272 million shares, ₦1.319 billion.
- Consumer Goods: 143.638 million shares, ₦7.988 billion.
- Top traded stocks: Cornerstone Insurance, GTCO, and Access Holdings accounted for 2.005 billion shares worth ₦47.535 billion, representing nearly half of total turnover volume.
Winners and Losers
- Top gainers: Ikeja Hotel (₦9.40), NCR Nigeria (₦13.55), UACN (₦8.90), CWG (₦1.90), Veritas Kapital (₦0.18).
- Top losers: Meyer (₦3.05), Sunu Assurances (₦0.68), UPDC (₦0.68), Tantalizer (₦0.26), Abbey Mortgage Bank (₦0.65).
- Equity movements: 38 equities gained, 36 declined, and 73 remained unchanged.
Other Market Updates
- Chapel Hill Denham Nigeria Infrastructure Debt Fund: Listing of 243,424 additional units following 2025 Q3 scrip dividend, bringing total units to 1,056,257,953.
- VFD Group: Rights Issue extended until Friday, Dec. 26, 2025, after SEC approval.
Market Insight: Despite the week’s slight decline, activity remained robust, with strong turnover in the financial services sector and selective defensive stocks drawing investor interest.
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