Find out why stock market to record first loss in days

1 week ago 10
Investors Take Profit As Stock Market Value Dips by Over N300bn
  • The Nigerian banal marketplace connected Thursday recorded a mediocre show arsenic investors mislaid implicit N300 billion
  • Data showed that stocks similar Nigerian Aviation Handling Company Plc (NAHCO), Oando Plc, and different large decliners drove the question into the reddish portion
  • Conversely, Unilever Nigeria Plc and Neimeth International Pharmaceuticals Plc were among the gainers

Legit.ng journalist Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Nigeria’s banal marketplace closed little connected Thursday, June 26, 2025, arsenic the benchmark scale declined by 0.39% driven by profit-taking successful user goods and lipid and state stocks.

Data from the Nigerian Exchange Limited (NGX) showed that the All-Share Index (ASI) dropped to 120,772.68 points from the erstwhile adjacent of 121,257.69 points.

Nigeria banal  marketplace  dipped by N300 billionNigeria's banal marketplace worth down by N308 cardinal connected Thursday Photo credit: Bloomberg/contributor
Source: Facebook

Market capitalisation besides declined by N308 billion, falling from N76.761 trillion to N76.453 trillion.

Here is simply a snapshot of Thursday activities.

On Thursday, successful 25,375 deals, investors exchanged 892,970,944 shares worthy N18.225 billion.

Top gainers

  • Unilever Nigeria gained N4.70, rising from N47.00 to N51.70 per stock (+10.00%).
  • SFS Real Estate Investment Trust gained N22.65, climbing from N226.60 to N249.25 per stock (+10.00%).
  • Neimeth International Pharmaceuticals gained N0.49, expanding from N4.91 to N5.40 per stock (+9.98%).
  • UAC of Nigeria gained N3.45, moving from N34.60 to N38.05 per stock (+9.97%).
  • Chemical and Allied Products gained N4.25, from N42.85 to N47.10 per stock (+9.92%).

Top losers

  • Thomas Wyatt Nigeria declined by N0.23, falling from N2.30 to N2.07 per stock (−10.00%).
  • Nigerian Aviation Handling Company dropped N10.10, decreasing from N101.10 to N91.00 per stock (−9.99%).
  • Oando mislaid N6.85, moving from N68.75 to N61.90 per stock (−9.96%).
  • ABC Transport declined by N0.24, dropping from N2.69 to N2.45 per stock (−8.92%).
  • Champion Breweries fell by N0.91, from N10.91 to N10.00 per stock (−8.34%)
Nigerian banal  marketplace  drops for the archetypal  clip  successful  daysInvestors prosecute successful nett taking arsenic Nigerian banal marketplace drops Photo credit: Bloomberg/contributor
Source: Getty Images

Top progressive trades

  • Ellah Lakes recorded a turnover of 113.50 cardinal shares valued astatine N851.09 million.
  • Access Holdings traded 76.19 cardinal shares worthy N1.74 billion.
  • Caverton Offshore Support Group exchanged 64.86 cardinal shares valued astatine N334.83 million.
  • Japaul Gold and Ventures traded 61.56 cardinal shares worthy N126.66 million.
  • Zenith Bank recorded 60.30 cardinal shares valued astatine N3.47 billion.

Top 10 Naira stocks that made investors richer successful 2024

Earlier, Legit.ng reported that the fig 1 banal connected the NGX grew by 1646% successful 2024, turning an N100,000 concern into N1.6 million

The apical performers are successful the Services, Energy, Financial Services, Oil and Gas, and Heavy Construction sectors

Several naira stocks person enjoyed a bull tally successful 2024, making investors richer. This is against the wide thought that 1 indispensable needfully put successful dollar stocks.

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Source: Legit.ng

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