Equities Investors Lose N91bn, NGX Indicators Decline
Equities investors lost about N91 billion on Tuesday as the market showed that the Nigerian Exchange (NGX) indices retreated again.
Investors booked another round of profit-taking amidst the third quarter of 2025 corporate earnings release. Hence, the year-to-date return declined to 50.94% – providing inflation protection on risky assets.
The sell pressures were seen on stocks that recently recorded positive price appreciations, reflecting weak investors’ sentiment.
In a chat with MarketForces Africa, some Broadstreet stockbrokers explained that the market is going to experience soft corrections in over priced stocks.
Still, there are some companies that have been oversold, thus harbour strong upside potential and potential to keep the local bourse green.
Trading data showed that the NGX All-share index declined by 9 basis points, driven by profit-taking in WEMABANK, FTNCOCOA, DANGSUGAR, among others.
A total of 36 stocks recorded losses, stockbrokers said with the Banking sector leading the decline among the major sectors.
This marks the second consecutive session of losses, resulting in a cumulative loss of approximately ₦185 billion in investors’ wealth.
Specifically, the market index shed 142.95 basis points to close at 155,353.20. NGX market cap lost ₦90.73 billion to close at ₦98.79 trillion.
Trading activity showed mixed patterns as volume increased 4.46% to 525.45 million shares and transaction values rose 1.81% to ₦25.40 billion, but deals fell 18.87% to 32,430, indicating reduced transaction frequency alongside larger trade sizes.
In terms of volume, SOVRENINS led the activity chart, accounting for 8.14% of the total volume of all trades, followed by FIDELITYBK (8.01%), FIRSTHOLDCO (7.20%), ZENITHBANK (5.37%), and STANBIC (5.25%), rounding out the top five.
DANGCEM also emerged as the most traded stock in terms of value, accounting for 17.89% of the total value of trade on the exchange.
SOVRENINS topped the advancers’ chart for today with a price appreciation of 9.88 percent, trailed by ASOSAVINGS (+9.72%), BERGER (+9.25%), WAPIC (+6.90%), AIICO (+6.13%), CHAMPION (+6.00%) and twenty-one others.
Thirty-six stocks were depreciated, NGX data revealed. MCNICHOLS was the top loser, with a price depreciation of -8.81%, trailed by LIVESTOCK (-7.69%), CHAMS (-7.06%), FTNCOCOA (-6.25%), WEMABANK (-4.55%), and ACCESSCORP (-2.33%).
At the close of the trading session on Tuesday, the market breadth closed negatively, recording 27 gainers and 36 losers. Sectoral performance was diverse: Insurance (+1.15%) and Oil & Gas (+0.08%) posted gains.
Meanwhile, the Consumer Goods (-0.42%), Banking (-0.66%), and Industrial (-0.25%) declined. The Commodity sector remained flat. GCR Keeps FBNQuest Merchant Bank Outlook on Rating Watch Negative
