…Trading in the top three equities-Cornerstone Insurance Plc, Guaranty Trust Holding Company Plc and Access Holdings Plc (measured by volume), accounted for 2.005 billion shares worth N47.535 billion in 10,185 deals
…The NASD closed the week also on a negative note, as the NASD OTC Securities Index (NSI) and market capitalisation declined by 0.93% w/w
SAT NOV 29 2025-theGBJournal| Nigerian stocks ended Friday in negative territory despite posting gains in three trading session during the week as investors closed the book on the tough November.
The NGX All Share Index (ASI) fell by 0.14% w/w to close at 143,520.53 points, extending its bearish for the fifth consecutive week.
All other indices finished lower with the exception of 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 Indices which appreciated by 0.62%, 0.50%, 0.67%, 0.53%, 0.94%, 0.89%, 0.15%, 0.52%, 0.33%, 0.01% and 0.24% respectively.
Consequently, the year-to-date (YTD) return eased to 39.44% from the 39.64% in the previous week, while the market capitalisation shed N128.54 billion w/w, to settle at N91.29 trillion.
The weak performance was influenced by selloffs recorded in select bellwether and mid-cap counters, such as, BUACEMENT (-4.76% w/w), UBA (-1.22% w/w), OANDO (-2.87% w/w), and NB (-2.55% w/w).
These losses outweighed buying interest in key telecommunication and banking names, including, MTNN (+1.20% w/w), GTCO (+2.25% w/w), ACCESSCORP (+2.44% w/w), and FIRSTHOLDCO (+1.47% w/w).
Sectoral performance was largely negative, with only the Banking Index (+0.67% w/w) closing in the green. The Industrial Goods Index (-1.92% w/w) led the decliners, followed by the Consumer Goods (-0.70% w/w), Oil & Gas (-0.23% w/w), and the Insurance (-0.07% w/w) indices.
Trading in the top three equities-Cornerstone Insurance Plc, Guaranty Trust Holding Company Plc and Access Holdings Plc (measured by volume), accounted for 2.005 billion shares worth N47.535 billion in 10,185 deals, contributing 48.43% and 41.02% to the total equity turnover volume and value respectively
In Friday’s trading session, the market posted a positive performance, with the NGX ASI and market capitalisation advancing 0.20%, respectively.
Market activity also strengthened notably, as the transaction volume surged by 462.83%, while trade value rose by 53.49%. CORNEST (+1.69%) dominated the trading activity, with 1.27bn units, valued at N6.40bn.
Market breadth closed positive at 1.55x, indicating more gainers than losers. IKEJAHOTEL (+10.00%) led the thirty-four (34) gainers, while ABBEYBDS (-10.00%) led the twenty-two (22) decliners, with the remaining stocks closing flat.
The NASD closed the week also on a negative note, as the NASD OTC Securities Index (NSI) and market capitalisation declined by 0.93% w/w, closing at 3,597.83 points and N2.15 trillion, respectively.
The market closed higher in Friday’s session, rising by 0.29%. Market activity improved, with the transaction volume and value increasing by 64.45% and 136.93%, respectively.
SDFCWAMCO (+2.57%) led the market gainers, with no decliners recorded in today’s session.
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