Nigerian Stock Market Loses ₦491 Billion in One Week

Gist Reports | June 28, 2025

The Nigerian Stock Market closed the week on a negative note, with investors losing a total of ₦491 billion by Friday.

The market capitalization dropped from ₦76.453 trillion to ₦75.962 trillion, a 0.64% decline.

The All-Share Index also fell by 776.92 points, closing at 119,995.76.

The market’s poor performance was mainly due to selloffs in top stocks like Legend Internet, BUA Cement, FTN Cocoa Processor, Oando, and others.

Top Losers:

Legend Internet: -9.98%, closed at ₦8.03

BUA Cement: -9.92%, closed at ₦95.40

FTN Cocoa Processor: -9.76%, closed at ₦3.33

Oando: -8.72%, closed at ₦56.50

McNichols: -8.44%, closed at ₦2.17

Top Gainers:

Neimeth Pharmaceuticals: +10%, closed at ₦5.94

Learn Africa: +9.91%, closed at ₦5.10

Mecure: +9.91%, closed at ₦12.20

Academy Press: +9.44%, closed at ₦5.10

Smart Products Nigeria: +9.09%, closed at ₦0.60

Trading Activity:

625.78 million shares worth ₦12.78 billion were traded in 21,800 deals.

This was lower than the previous day’s 892.97 million shares valued at ₦18.23 billion in 25,375 deals.

Most Traded Stocks:

Ja Paul Gold: 88.26 million shares worth ₦192.04 million

Second top trade: 80.04 million shares worth ₦555.75 million

Access Corporation: 56.02 million shares worth ₦1.25 billion

Caverton: 53.98 million shares worth ₦271.15 million

Zenith Bank: 30.55 million shares worth ₦1.76 billion