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Nigerian equities fall on profit-taking activities, Insurance, Banking, Consumer Goods and Oil & Gas indices decline

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FRI AUG 15 2025-theGBJournal| Nigerian stocks fell Thursday as Profit-taking activities continued to depress market performance with investors sentiment negative ahead of July inflation figures.

The NGX All-Share Index shed 0.4% to 145,300.01 points with the Month-to-Date and Year-to-Date returns moderating to +3.9% and +41.2%, respectively.

Market capitalisation also fell by N357.34 million (0.39%), to N91.93 trillion, reflecting profit taking.

The total volume traded advanced by 83.0% to 2.46 billion units, valued at NGN22.22 billion, and exchanged in 43,515 deals.

UNIVINSURE was the most traded stock by volume at 390.40 million units, while NB was the most traded stock by value at N1.87 billion.

Sectoral performance was broadly negative as the Insurance (-8.3%), Banking (-0.5%), Consumer Goods (-0.2%) and Oil & Gas (-0.1%) indices declined, while the Industrial Goods (+0.1%) index advanced.

As measured by market breadth, market sentiment was negative (0.5x), as 22 tickers gained relative to 48 losers. WEMABANK (-10.0%) and LASACO (-10.0%) recorded the most significant losses of the day, while JULI (+10.0%) and AUSTINLAZ (+9.9%) led the gainers.

Meanwhile, rhe NASD Securities Index (NSI) and market capitalisation advanced by 1.02%, closing at 3,628.67 points and N2.17 trillion, respectively.

Market activity was mixed, as the volume rose 85.83%, while transaction value declined by 95.99%.

SDCSCSPLC (+0.99%) topped the market gainers, while SDGEFLUID (-0.81%) led the market losers.

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

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