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Stocks retreat on selloff, GTCO, GUINNESS and ZENITHBANK shares fall, naira down 0.2% vs dollar

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WED AUG 27 2025-theGBJournal| Bearish sentiments resurfaced in the domestic equities market, as the selloff in GTCO (-3.1%), GUINNESS (-7.3%) and ZENITHBANK (-1.0%) drove the All-Share Index lower by 0.4% to 141,248.76 points.

Consequently, the Month-to-Date and Year-to-Date returns moderated to +1.0% and +37.2%, respectively.

The total volume of trades advanced by 12.9% to 682.89 million units, valued at NGN22.22 billion, and exchanged in 28,695 deals. FCMB was the most traded stock by volume at 108.48 million units, while ARADEL was the most traded stock by value at NGN4.10 billion.

On sectors, the Insurance (-3.4%), Consumer Goods (-0.9%) and Banking (-0.8%) indices settled lower while the Oil &Gas (+0.2%) index advanced. The Industrial Goods index closed flat.

As measured by market breadth, market sentiment was negative (0.4x), as 16 tickers gained relative to 38 losers.

CORNERST (-10.0%) and RTBRISCOE (-10.0%) recorded the highest losses of the day, while DEAPCAP (+4.8%) and LEGENDINT (+4.6) led the gainers.

The official FX rate depreciated by 0.2% to NGN1,541.00/USD.

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

 

 

 

 

 

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