By Peter.
The Nigerian equities market closed the week ending Friday, November 28, 2025, in the red as the benchmark NGX All-Share Index shed 0.14% to settle at 143,520.53 points, down from 143,722.62 the previous week.
Market capitalisation followed suit, dropping N129 billion to N91.286 trillion from N91.415 trillion, reflecting sustained profit-taking in large and mid-cap stocks.
Key Highlights
- Total Volume: 4.140 billion shares (+55% WoW)
- Total Value: N115.889 billion (+9% WoW)
- Deals: 102,351
Financial Services dominated trading:
- 81.10% of volume
- 70.05% of value Top 3 stocks (Cornerstone Insurance, GTCO, Access Holdings) accounted for 48.43% of volume and 41.02% of value.
Sector & Index Performance
Most sectoral indices closed lower except:
- NGX CG, Premium, Banking, Pension, AFR Div Yield, MERI Growth/Value, Lotus II, Growth, Sovereign Bond — up 0.01%–0.94% (defensive & dividend plays in demand).
Gainers vs Losers
- 38 stocks gained (vs 20 last week)
- 36 declined (vs 60 last week)
- 73 unchanged (vs 67)
Top Gainers
- Ikeja Hotel → +N9.40
- NCR Nigeria → +N13.55
- UACN → +N8.90
- CWG → +N1.90
- Veritas Kapital → +18k
Top Losers
- Meyer → –N3.05
- Sunu Assurances → –68k
- UPDC → –68k
- Tantalizer → –26k
- Abbey Mortgage Bank → –65k
Corporate Actions
- Chapel Hill Denham Nigeria Infrastructure Debt Fund: Listed additional 243,424 units from Q3 2025 scrip dividend → Total units now 1,056,257,953
- VFD Group Rights Issue: Extended to December 26, 2025 (SEC-approved)
Despite higher turnover, bearish sentiment dominated as investors locked in gains ahead of year-end. Defensive banking and consumer goods names offered pockets of resilience. Watch for continued rotation into dividend-yield plays as rate-cut hopes linger.
#NGXWeekly #NigerianStocks #MarketRecap #InvestingNigeria
