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NGX benchmark index and market cap down 0.1% led by banking stocks amid bearish sentiments

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WED NOV 19 2025-theGBJournal| Nigerian equities market fell on Tuesday, tracking declines in banking and some mid-cap stocks as bearish sentiment persist.

Profit-taking in ZENITHBANK (-3.1%) and UBA (-2.5%) drove the All-Share Index and market capitalisation down by 0.1% to 144,986.51 points and N92.22 trillion respectively.

The Month-to-Date and Year-to-Date returns equally settled lower at -5.9% and +40.9%, respectively.

The total volume of trade increased by 1.8% to 381.23 million units, valued at N16.72 billion, and exchanged in 21,827 deals.

TANTALIZER was the most traded stock by volume at 58.78 million units, while ARADEL was the most traded stock by value at N9.50 billion.

Sectoral performance was mixed as the Banking (-0.9%) index declined, while the Insurance (+0.1%) index advanced. The Industrial Goods, Oil & Gas and Consumer Goods indices closed flat.

As measured by market breadth, market sentiment was neutral (1.0x), as 27 tickers gained relative to 27 losers. LIVINGTRUST (-9.9%) and MCNICHOLS (-9.0%) led the laggards, while NCR (+10.0%) and UPL (+9.8%) posted the most significant gains of the day.

Meanwhile, the NASD market continued the week on the green, with the NASD Securities Index (NSI) and market capitalisation rising by 0.28%, closing at 3,626.74points and N2.16trn, respectively.

Market activity also increased, with transaction volume and transaction value by rising by 206.40% and 260.20%, respectively.

SDFCWAMCO (-9.92%) led the decliners, and there were no gainers recorded in today’s session.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

 

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